Page added on August 22, 2006
International Herald Tribune – Nobody in the United States has started building a nuclear power plant in more than three decades. Mayo Shattuck could be the first.
As the chief executive of Constellation Energy, a utility holding company in Baltimore that already operates five nuclear reactors, Shattuck is convinced that nuclear power is on the verge of a renaissance, ready to provide reliable electricity at a competitive price. He has already taken the first steps toward that goal, moving this month to order critical parts for a new reactor.
But Constellation’s neighbor, PPL Corp., takes a different view. Even though PPL has successfully operated two reactors since 1983, its chairman and chief executive, William Hecht, has avoided putting even a toe in the water on a new nuclear project and is investing in coal technology instead.
International Herald Tribune
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