Does Nuclear Energy Need More Loan Guarantees? » Heritage Foundation - 0 views
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Energy Net on 20 Dec 08Electricite de France SA and Constellation Energy Group say they want Exelon to join their UniStar Nuclear Energy development venture. After being ranked in the lower tier for federal loan guarantees, Exelon said it is seeking a reactor design more proven than the GE Hitachi Economic Simplified Boiling Water Reactor it initially planned to use in Texas. UniStar plans to use Areva SA's Evolutionary Power Reactors in Maryland and New York." The Energy Policy Act of 2005 establishes loan guarantees for handful of reactors built in the United States. Now, some companies are making their case for unlimited loan guarantees and more subsidies to keep things moving forward.