(Reuters) - Much of that demand will come from the United States, where
nuclear power produces about 20 percent of the electricity
supply, but no new plants have been commissioned in about three
decades. It will be further boosted by rising demand in Asia,
including China and India, GE officials said.
"This is an industry that really is reemerging after
decades of not being in strong production," said Jeff Immelt,
chairman and chief executive of the U.S. conglomerate. "Nuclear
energy has become of higher interest, clearly, today with
higher energy costs. Already much of the rest of the world has
moved aggressively."
Read more at Reuters.com Bonds News
nuclear power produces about 20 percent of the electricity
supply, but no new plants have been commissioned in about three
decades. It will be further boosted by rising demand in Asia,
including China and India, GE officials said.
"This is an industry that really is reemerging after
decades of not being in strong production," said Jeff Immelt,
chairman and chief executive of the U.S. conglomerate. "Nuclear
energy has become of higher interest, clearly, today with
higher energy costs. Already much of the rest of the world has
moved aggressively."
Read more at Reuters.com Bonds News
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