Monday, August 17, 2009

Exelon delays plan for Texas nuclear plant

By MARK WILLIAMS

COLUMBUS, Ohio (AP) — Power generator Exelon Corp. said Tuesday it has called off plans for now to build a new nuclear plant in Texas because of worries over the economy and the limited availability of federal loan guarantees.

The Chicago-based company, the largest nuclear power generator in the U.S., is the second company in the past two months to postpone work for a new nuclear plant. St. Louis-based AmerenUE said in April that it was suspending work on a reactor in Missouri. …

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