Liam Denning, Columnist

Nuclear Brinkmanship in New York

Low power prices make nuclear plants unprofitable and reliant on statehouse support.

July 13, 2016 at 3:55 PM UTC

Liam Denning is a Bloomberg Opinion columnist covering energy. A former banker, he edited the Wall Street Journal’s Heard on the Street column and wrote the Financial Times’s Lex column.

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I've got a nuke and I'm not afraid to not use it.

That pretty much sums up the strategy for struggling nuclear power generators in the U.S. these days. Entergy's announcement on Wednesday that it is in talks to sell its 838 megawatt FitzPatrick nuclear power plant in upstate New York to Exelon captures what's going on to a tee.