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U.S. Nuclear Project Spending Drops as Industry Shifts Priorities Toward Life Extensions
Industry Segment: Power | Word Count: 801 Words
Attachment: US nuclear, Nov 2018
SUGAR LAND--November 21, 2018--Researched by Industrial Info Resources (Sugar Land, Texas)--A recent study by the Nuclear Energy Institute (NEI) shows that nuclear generation costs in the U.S. have declined about 19% since their peak in 2012, largely due to a steep drop in capital expenditures. This aligns with the decline in new nuclear plant construction and growing preservation of operational plants far beyond their original expiration dates. Industrial Info is tracking more than $78 billion in active U.S. nuclear projects, roughly one-third of which is attributed to projects under construction.
Companies featured: Tennessee Valley Authority (NYSE:TVE), Evergy (NYSE:EVRG), Edison International (NYSE:EIX), PG&E Corporation (NYSE:PCG) and Exelon Corporation (NYSE:EXC).
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