New Nuclear Projects Face Tough Odds Amid Gas Boom

Law360, New York (August 28, 2013, 7:43 PM EDT) -- Entergy Corp.'s decision Tuesday to shutter its Vermont Yankee nuclear plant is the fourth announced closure of a U.S. nuclear plant within the past year, casting further doubt on the viability of new nuclear projects barring major energy market shifts and stronger government incentives that make them more economical.

Entergy said it would shut down Vermont Yankee, in operation since 1972, in 2014, citing the high costs of maintaining a single-reactor plant, low natural gas prices and a flawed regional wholesale electricity market the company claims results in...
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