In Europe, New Life for Nuclear - by Mark Scott
According to a report by consultants PricewaterhouseCoopers, European utilities, including France's EDF (EDF.PA) and Germany's E.ON (EONG.DE), rank nuclear as the most likely technology to reduce greenhouse gas emissions within the sector by 2017. At present, more than 30% of power generation companies are actively considering investment in nuclear generation to meet their commitments under the EU's Emission Trading Scheme, which charges companies for emitting carbon dioxide. "Nuclear deals both with the climate change question and the issue of security of supply," says Mark Hughes, PricewaterhouseCoopers' European utilities leader. "On the global stage, nuclear is really finding its feet."
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