When Dominion Energy announced its takeover offer for Scana Corp in early January, investors were immediately skeptical. Over the next five months, the utility’s shares dropped by nearly 25 [...]
It’s “risk off” time again in the US stock market. The shift from the “risk on” market mood that prevailed for most of 2018 has been highly favorable to most utilities. The sector is coming off [...]
Having discovered surprising reasons why nuclear power plants are more expensive in the West, a new MIT study offers a prescription for lowering those costs.
Nuclear reactors can cost twice as much in the United States and Europe than in Asian countries where the industry is flourishing, according to an analysis from the Massachusetts Institute of [...]
Dominion Energy and Brookfield Asset Management are stepping into the nuclear mess, hoping to buy big assets on the cheap. For real estate and infrastructure giant Brookfield, Thursday's $4.6 [...]
Analysts with Morningstar Inc. broke with the pessimistic consensus on nuclear power this fall when they predicted the industry would not just hold its own against renewables and cheap natural [...]
It’s decision time in South Carolina — whether to forge ahead with nuclear plants that are half built or to stop development, all in the context of the bankruptcy of its technology [...]
The fate of nuclear energy in the United States rest on whether Southern Co. can get $3.68 billion from Toshiba. Otherwise, regulators may not let it go forward with two reactors in Georgia.
Amid the bankruptcy of its Westinghouse subsidiary, Toshiba is working on a natural gas combustion system that may solve the fossil fuel Holy Grail — it captures all of its carbon dioxide [...]
Talk of resurrecting Yucca Mountain as the permanent site to bury the nation's 70,000 tons of nuclear waste is ongoing now that the Trump administration is showing its support.