August 27, 2008

Southeast Market Region Eyes $55 Billion in Nuclear Power Projects to Increase Capacity By 80%, an Industrial Info News Alert

Researched by Industrial Info Resources (Sugar Land, Texas) -- The Southeast market region of the U.S., which includes Alabama, Florida, Georgia, Mississippi and Tennessee, currently has 10 operational nuclear plants with 18 operational units providing 17,634 megawatts (MW). Plant owners are considering new generating units totaling more than $55 billion. Companies planning new units include Florida Power & Light Company (Juno Beach, Florida), a subsidiary of FPL Group Incorporated (NYSE:FPL) (Juno Beach); Georgia Power Company, a subsidiary of the Southern Company (NYSE:SO); Entergy Corporation (NYSE:ETR) (New Orleans, Louisiana); and Progress Energy Incorporated (NYSE:PGN) (Raleigh, North Carolina).

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SOURCE: Industrial Info Resources