Pence seeks cheap energy, new nuclear reactors
By TOM LoBIANCO August 28, 2012 2:26PM
Updated: August 28, 2012 11:27PM
INDIANAPOLIS (AP) — Republican gubernatorial candidate Mike Pence says the state needs to diversify its sources of energy and keep prices low through competition but says changes won’t come overnight.
Pence told state energy industry leaders gathered Tuesday at the Indiana Conference on Energy Management that the state’s Office of Energy Development needs to work with universities to identify innovative energy solutions. He says nuclear power needs to be part of the discussion and noted that “small modular reactors” are already being developed in Indiana.
Pence said Indiana must fight new regulations sought by the Obama administration that would hit the state’s coal industry. But he found unlikely solidarity with the White House in his support for the nuclear reactors. The federal Energy Department is spending $500 million on the new technology.