When the Fukashima Dai-Ichi nuclear plant started its slow meltdown a little over a month ago, it took a while for the investment community to figure out exactly what it meant for the future of nuclear power. Nuclear-related stocks have been pummeled on fears that the industry has reached its half-life, but we haven't really known what the real future of nuclear power would be.
But last week's news that NRG
The potential development isn't the only one in the U.S., with the Watts Bar Nuclear Plant's Unit 2 set to come online next year. But NRG's writedown may tell us everything we need to know about the future of nuclear for companies in the sector, like General Electric
I have to agree with fellow Fool David Lee Smith that opportunities are arising in nuclear if you stick with uranium suppliers. New plants may be in question, but the nuclear plants that are already operating aren't going to be shutting down any time soon. Exelon
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Fool contributor Travis Hoium does not have a position in any company mentioned. You can follow Travis on Twitter at @FlushDrawFool, check out his personal stock holdings or follow his CAPS picks at TMFFlushDraw.
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