The 5 Companies Most Dependent on Nuclear Power
Analytical Chemist submits:
The difficulties in the aftereffects of the earthquake and resulting tsunami that hit Japan on March 11 have brought issues of nuclear safety to the world’s attention. Germany, which had used nuclear power for 22% of its electricity, has already shut down seven of it 17 nuclear reactors, and plans to accelerate the shutdown of the remaining reactors. CPS Energy has cancelled its power purchase plan with NRG after NRG announced that the construction of two nuclear reactors would be slowed. I believe this is an overreaction, and wanted to look at some utilities with significant nuclear power production.
I recently compiled a list of the publicly-traded power generation companies and the percentage of their electricity generated by nuclear plants. Five of these companies depend on nuclear power for more than 30% of their total power generation. Where possible, I used the maximum generating capacity figures, rather than the particularComplete Story »