SOURCE: Industrial Info Resources

Industrial Info Resources

July 09, 2013 06:15 ET

U.S. Nuclear Renaissance Now Further Away and More Expensive, an Industrial Info News Alert

SUGAR LAND, TX--(Marketwired - Jul 9, 2013) - Written by John Egan for Industrial Info Resources (Sugar Land, Texas) -- The U.S. nuclear power industry faces "massive challenges over the next three to four years," Brock Ramey, Industrial Info's Manager for North American Power, said in an interview. "There will not be another new unit built for at least three years, possibly longer. Natural gas would have to sell for $8 to $9 per million British thermal units (MMBtu) for new-build nuclear to be economically viable."

Other companies featured: Southern Company (NYSE:SO), SCANA Corporation (NYSE:SCG), Dominion Resources Incorporated (NYSE:D), Duke Energy Corporation (NYSE:DUK), Edison International (NYSE:EIX)

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Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, and eight offices outside of North America, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info'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. To contact an office in your area, visit the "Contact Us" page.

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