For the first four decades of its existence the U.S. nuclear power industry was run by regulated utilities, with most companies owning only one or two reactors. Beginning in the late 1990s electricity markets in many states were deregulated and almost half of the nation's 103 reactors were sold...

As exemplified by the recent proposed mergers of Exelon Corporation (“Exelon”) with Pepco Holdings, Inc. (“PHI”) and NextEra Energy with Hawaiian Electric Industries, nuclear-heavy utility companies are increasingly seeking to offset the losses they are experiencing by acquiring...

This paper discusses eight variables that will significantly influence the evolution of U.S. nuclear policies and forces by 2025. Other variables, of course, operate today and could be considered. Moreover, new variables are likely to emerge between now and then; history is full of surprises....

Diagnosing the Situation Today -- Policy and Regulatory Options: State Regulators-Compensating Nuclear Plant Benefits -- State Regulators-Internalizing Other Costs -- State Legislators-Compensating Nuclear Plant Benefits -- State Legislators-Internalizing Other Costs -- Regional Grid Operators...