xcel

The U.S. Department of Energy (DOE) issued on Saturday, the interim final rule required by the Energy Policy Act of 2005 (EPACT) for risk insurance to facilitate construction of new advanced nuclear power facilities. The rule establishes the requirements for risk insurance to cover costs associated with certain regulatory or litigation-related delays in the start-up of new nuclear power plants. The resurgence of nuclear power is a key component of President Bush?s Advanced Energy Initiative.

xcel, May 9, 2006
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