Uudis
Moody's: tuumaenergia halvendab krediidireitingut
10.06.08  10:30

A UTILITY's CREDIT QUALITY COULD BE NEGATIVELY IMPACTED by building a new nuclear power plant, according to a report released June 2 by Moody's Investors Service.

The report said that an electric utility might find a 25%
to 30% deterioration in its financial credit metrics. The sheer size, cost
and complexity of new nuclear construction projects can increase the
business and operating risk of a utility, potentially exposing it to
downward rating pressure over the intermediate- to longer-term horizon
Moody's Vice President/Senior Credit Officer Jim Hempstead said in a
statement. The report called nuclear technology costly, potentially
exceeding $7,000 per installed kilowatt, which could make it twice as much
as a scrubbed coal-fired plant or three times as expensive as a
combined-cycle natural gas-fired plant. It also said utilities
should not rely solely on federal loan guarantees in deciding whether to
build because it says that program's "form and substance" remains unclear
and will be "subject to a material amount of political influence" into the
future. Nonetheless, it said there are some benefits to building nuclear
plants, including providing fuel diversity and an emission-free source of
generation.