Published in Last Word
Proposed federal regulations to cut carbon emissions from power plants by 30 percent by 2030 could be a long-term boon for the nuclear power industry, according to a new report by Standard & Poors Ratings Service.
Natural gas will be the big winner, but said S&P Analyst Judith Waite, "It's clear that nuclear power plants also offer an opportunity for the utilities to support long-term demand growth while avoided increased carbon emissions."
Two other contributing factors in the long-term potential for the nuclear industry are design improvements which make plants safer to operate, and the increasing viability of small modular reactors.
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