WSJ: "Cheap Natural Gas Unplugs U.S. Nuclear-Power Revival"
What killed the revival wasn't last year's nuclear accident in Japan, nor was it a soft economy that dented demand for electricity. Rather, a shale-gas boom flooded the U.S. market with cheap natural gas, offering utilities a cheaper, less risky alternative to nuclear technology.Bullish for natural gas, of course. What is interesting is that the decision to build natural gas generation instead of coal or nuclear has consequences that will outlast the shale-gas boom.
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