Wall Street and new nuclear plants

Northeast Utilities (NU) efforts to construct the third Millstone nuclear facility is a clear example of the economic difficulties facing the nuclear industry today. NU is a holding company consisting of Hartford Electric Light Company and Connecticut Light and Power, which together serve most of Connecticut, plus Western Massachusetts Electric Company. It currently owns and operates two nuclear units, Millstone I and II at Waterford, Connecticut, and is a partial owner of four other nuclear facilities in the region