Nuclear Power Benefits From Republican Wins, NRG Says

From Bloomberg:

Electricity producers such as NRG Energy Inc. and Southern Co. will benefit as Republicans who won control of the U.S. House yesterday promote nuclear power as part of clean-energy legislation.

Requirements for the use of renewable power to reduce carbon emissions and encourage U.S. energy independence may win passage if nuclear plants are added to the wind turbines and solar panels favored by environmentalists, said David Crane, chief executive officer of Princeton, New Jersey-based NRG.

“A lot of the things we’re trying to do in Washington to move forward with zero- and low-carbon generation is something that at least the mainstream of the Republican Party wants to support -- nuclear power in particular,” Crane said in an interview. “It’s not just California and Oregon tree-huggers.”

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