"Nuclear Power in Deregulated Markets: Performance to Date and
Prospects for the Future”
by Neil J. Numark and Robert D. MacDougall
ABSTRACT
(Complete Work published in 14 TUL. ENVTL. L.J. 2 (2001), Copyright,
Tulane Environmental Law Journal. All rights reserved.)
Although U.S. electric power deregulation is still at an early
stage and significant uncertainties remain, there is good and growing evidence
that currently operating nuclear plants may not only survive open competition,
but even thrive in it. A few years ago, this turn of events was almost
inconceivable to all but the most loyal industry optimists. How did it
happen? What have the owners, operators, and suppliers of U.S. commercial
reactors done to help make it happen, and what are they planning to do
to stay competitive? Even if they succeed, will they want to build new
reactors here some day? If so, what kinds of reactors, and when? This essay
examines these questions, and offers provisional answers based on the evidence
available so far."