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“Why Older Nuclear Power Plants Remain ‘Cash Cows’ Despite Fukushima” via the New York Times

There are no new nuclear plants in the foreseeable future for Exelon Corp., the largest U.S. reactor operator. Old plants, though, are a different story.

Exelon’s proposed acquisition of Baltimore-based Constellation Energy, announced yesterday, would add five nuclear reactors at three plants to the 17 reactors at 10 plants that the Chicago-based company already runs. Exelon’s total nuclear capacity would climb from 17,047 megawatts to nearly 19,000 if the projected $7.9 billion deal is completed.

Continue reading at “Why Older Nuclear Power Plants Remain ‘Cash Cows’ Despite Fukushima”.

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