What do you do with the $1 billion nuclear power business?
The deal on Monday, he said, represented an "important step for the globalization of the nuclear power business."
This recent wave of acquisitions is pushing the power business into its most profound transformation since the electricity industry was deregulated in the mid-1990's.
It has become the test of how far the nation is willing to go in subjecting the electric power business to market forces.
There were going to be more headaches in the power business, headaches aplenty.
United is in the process of forming a distributed power business; Honeywell already makes microturbines.
Our publication has been covering the nuclear power business with independence and objectivity for 30 years.
'What is new in the public power business lately?'
Smoot opposed the dam bill because he thought the federal government should not engage in the electric power business.
Pump-storage hydropower plants like this one are becoming the hottest commodity in the power business.