User 157023

GE: Nuclear Growth Galore

The author is way off on his estimates of nuclear power plant costs. They're lower by a factor of anywhere between 8 and 10. One other thing the author didn't mention is that GE has actually been designing, selling and installing successively more advanced generations of nuclear reactors primarily in Asia over the past few decades. That speaks well to those who wonder whether or not there is a real future for nuclear power in the U.S.

GE has a fabulous power business that is on the cutting edge across a number of technologies, not just nuclear.