SOURCE: Industrial Info Resources

Industrial Info Resources

May 20, 2011 06:35 ET

Experts: Low Gas Prices, Not Fukushima Meltdown, Are Slowing U.S. Nuclear Renaissance, an Industrial Info News Alert

SUGAR LAND, TX--(Marketwire - May 20, 2011) - Written by John Egan for Industrial Info Resources (Sugar Land, Texas) -- The fate of the U.S. nuclear renaissance will be determined more by natural gas prices than the Fukushima Daiichi nuclear disaster, a panel of experts told an industry web conference last week. "I don't believe the nuclear renaissance is dead, but with natural gas costing $4 to $4.50 per million British thermal units, it is difficult to justify investing in a new-build nuclear plant," said John Herron, the president, chief executive and chief nuclear officer at Entergy Nuclear, a unit of Entergy Corporation (NYSE:ETR) (New Orleans, Louisiana).

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Industrial Info Resources (IIR), with world headquarters in Sugar Land, Texas, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. IIR's quality-assurance philosophy, the Living Forward Reporting Principle™, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. For more information send inquiries to powergroup@industrialinfo.com or visit us online at www.industrialinfo.com.

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