U.S. nuclear reactors face uphill challenge, despite lower emissions 1:20am 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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EXC
News
- Exelon Co. (NASDAQ: EXC) had its price target raised by analysts at Wells Fargo & Company from $39.00 to $40.00. They now have an "equal weight" rating on the stock.MarketBeat
- Exelon Co. (NASDAQ: EXC) had its price target raised by analysts at BMO Capital Markets from $40.00 to $42.00. They now have an "outperform" rating on the stock.MarketBeat
- Exelon Corporation (NASDAQ:EXC) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- Exelon (EXC) Q1 Earnings: How Key Metrics Compare to Wall Street Estimates [Yahoo! Finance]Yahoo! Finance
- Exelon (EXC) Q1 Earnings Lag Estimates, Sales Rise Y/Y [Yahoo! Finance]Yahoo! Finance
EXC
Earnings
- 5/2/24 - Miss
EXC
Sec Filings
- 5/3/24 - Form 8-K
- 5/1/24 - Form 424B2
- 5/1/24 - Form EFFECT
- EXC's page on the SEC website