President Obama may be pressing for the nation to increase its supply of nuclear power, but the market is pushing in the opposite direction—at least in the view of one of the leading figures in the U.S. nuclear business. John Rowe, chief executive of Chicago-based Exelon, operator of the nation’s largest fleet of nuclear power stations, says the economics of the electricity business have changed sharply in just the past two years, dimming the prospects for a significant number of new nuclear reactors in the United States...
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