Michele Kearney's Nuclear Wire

Major Energy and Environmental News and Commentary affecting the Nuclear Industry.

Thursday, August 30, 2012

EXELON WITHDRAWS EARLY SITE PERMIT APPLICATION FOR VICTORIA COUNTY REACTOR



EXELON WITHDRAWS EARLY SITE PERMIT APPLICATION FOR VICTORIA COUNTY REACTOR
Exelon on Tuesday said it plans to withdraw its Early Site Permit (ESP) application for construction of a new reactor at an 11,500-acre tract of land southeast of Victoria, Texas, saying “low natural gas prices and economic and market conditions . . . have made construction of new merchant nuclear power plants in competitive markets uneconomical now and for the foreseeable future.” Read More http://www.powermag.com/POWERnews/4937.html?hq_e=el&hq_m=2513241&hq_l=7&hq_v=30108e0773

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