U.S. nuclear reactors face uphill challenge, despite lower emissions 1:10am EDT [Reuters]
Exelon Corporation (EXC)
Last exelon corporation earnings: 2/11 06:50 am
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Source: Reuters
U.S. nuclear reactors face uphill challenge, despite lower emissions | Reuters 6 Min Read (Reuters) - The U.S. nuclear power industry is facing an uphill battle to hang onto its share of the country’s electricity production, with some projecting a worst-case scenario where half of the nation’s 99 nuclear reactors could shut over the next couple of decades. Nuclear power looked to be on the verge of a renaissance about a decade ago. But a surge in domestic natural gas production, billions of dollars in cost overruns on new projects, Japan’s Fukushima accident in 2011, and multiple plant closures have the industry on its heels again. The U.S. Department of Energy (DOE) expects nuclear’s percentage of the power mix to drop to 11 percent by 2050 from the current 20 percent, and many reactors to close. A DOE study in August pointed to increased natural gas production as the biggest factor hampering competitiveness in nuclear power. “Up to half of the currently operational nuclear capacity
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News
- Institutional owners may consider drastic measures as Exelon Corporation's (NASDAQ:EXC) recent US$1.5b drop adds to long-term losses [Yahoo! Finance]Yahoo! Finance
- Gov. Pritzker Joins ComEd to Present G&W Electric with Record High $2.6 Million Rebate for Largest Commercial Solar/Storage Installation in IllinoisBusiness Wire
- Chris Crane, Former CEO of Exelon, Passed Away at 65Business Wire
- PECO to Voluntarily Delist Capital Trust Receipts from NYSEBusiness Wire
- ComEd, Chicago Park District Invite Illinois Residents to Enter Sweepstakes to Turn on Iconic Buckingham FountainBusiness Wire
EXC
Earnings
- 2/21/24 - Beat
EXC
Sec Filings
- 4/19/24 - Form POS
- 4/10/24 - Form SC
- 4/9/24 - Form DEFA14A
- EXC's page on the SEC website