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General Electric’s dreams of commercialising small nuclear reactors could be fading away

The company has long supported nuclear energy and is making big bets on next-generation reactors, but backlash against atomic power and a lost opportunity in the United Kingdom may stall development efforts.

…….The current environment complicates plans by General Electric (NYSE:GE) to usher in a new age of nuclear power with its partner Hitachi in a nuclear joint venture called General Electric Hitachi. The future the company envisions — with smaller, cheaper, less wasteful, and safer reactors — might be fading away. Are General Electric’s nuclear ambitions doomed? The Motley Fool,Jul 23, 2016

July 25, 2016 - Posted by | general

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