Energy Tribune, February 13, 2009
On Friday, during the CERAWeek conference in Houston, MIT professor Andrew Kadak provided a graphic that showed the share price performance of electric utilities that rely on nuclear power versus utilities that rely primarily on fossil fuels.
The nuclear utilities included in the survey -- Constellation, Entergy, Exelon, and PG bested their fossil-fueled counterparts by a wide margin. Through April 2008, the shares of the nuclear utilities rose by about 286 percent. The shares of the fossil-fueled utilities – AEP, DTE, First Energy, and Southern Co. – rose by about 60 percent. During his presentation, Kadak remarked, “Nuclear companies have consistently outperformed” their counterparts.