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November 28, 2005

The Nuclear Power Industry in the U.S. is Undergoing Change; Safety is No Longer the Main Issue

U.S. nuclear power is positioned for a return to favor. Several utilities are in the early stages of developing new nuclear generation facilities and several advanced designs are in the process of being certified by the Nuclear Regulatory Commission. While many hurdles remain, the possibility of new U.S. nuclear capacity is becoming ever more likely and this source of incremental generation could play a key role in helping the U.S. meet its energy requirements in the coming decades.

Dublin, Ireland (PRWEB) November 28, 2005 -- The U.S. nuclear industry is in the midst of a rebirth. Safety concerns, once a primary obstacle to the further development of the industry, are being overshadowed by the need for reliable, clean and cost effective electric power.

Catalysts for the development of the industry include: the recent passage of the Energy Policy Act, significantly higher energy prices
and growing global warming concerns.

These are prompting electric utilities to reconsider nuclear generation as part of their portfolio to meet future load requirements.
The newly published study, US Nuclear Power 2006: A renaissance in the making takes a detailed look at the recent developments within this sector and makes recommendations and forecasts as to its growth.

This study explores:
* Government/industry programs promoting development in the sector
* Current public opinion statistics
* NRC licensing revisions to facilitate development
* New reactor designs and safety systems
* Economic, cost and environmental concerns
* Other obstacles to development

U.S. Nuclear Power 2006 offers a timely and in-depth analysis of the expanding US nuclear energy sector. With numerous new reactor designs moving closer towards certification by the Nuclear Regulatory Commission, it is just a matter of time before new nuclear facilities come online in the U.S.

This study is designed for: strategic planners, business development staff and the financial community. The study is designed to keep planners up to date on recent developments and stay one step ahead of other market participants and competitors.

This anticipated industry renaissance is the result of a number of factors including: concerns over climate change, the rising cost of fossil fuels and growing global demand for power.

This study was published in November 2005, examines these and other drivers and explores industry issues and concerns such as the nuclear waste problem, reactor economics and emissions, the US Energy Policy Act, NRC licensing procedures and reactor designs under review.
The chapters that follow have been prepared to offer a timely and in-depth analysis of the expanding US nuclear energy sector.

For more information visit http://www.researchandmarkets.com/reports/c28486

Laura Wood
Senior Manager
Research and Markets
Fax: +353 1 4100 980

Posted by Industrial-Manufacturing at November 28, 2005 02:00 AM

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