Entergy, which owns 11 nuclear power plants, saw its income increase 45% as the cost of its atomic power started looking cheap compared to rising price of coal and natural gas-fired electric generating plants.
The company made a whopping $221.7 million on sales of power from its nuclear power plants, up 73% from a year earlier, according to Bloomberg.
People living in the shadow of nuclear power plants, who in many places want to see plants shut down such as in New York's Hudson Valley, where the aging Indian Point plant sits will have to get used to a new corporate name. Entergy plans to spin off a separate company, named Enexus, to run its nuclear power plant fleet.
Environmentalists have long opposed nuclear power out of concern over safety near plants, and a recognition that there's no great way to store radioactive waste that remains dangerous for thousands of years. However, nuclear energy is getting a second look by some since burning fossil fuels to make electricity is fouling the climate.
For the first time in a generation, companies are applying to build new nuclear power plants. These, as well as their older sisters, still face fierce opposition from local residents and some national advocacy groups.
Enter your city or zip code to get your local temperature and air quality and find local green food and recycling resources near you.