EDF pulls out of nuclear in the US, citing shale gas.

FT: “EDF the world’s biggest producer of nuclear-powered electricity, is to pull out of nuclear production in the US, citing the “revolution” in US energy markets caused by the advent of shale gas.” “But Henri Proglio, chief executive of the French group, said the drop in prices caused by shale gas had “no significant impact” on plans to build new nuclear capacity in Britain, where EDF is locked in long-running negotiations with the government over terms for constructing new atomic power stations.”