In May 2015, a senior vice president of General Atomics stated that the U.S. nuclear industry was struggling due low U.S. fossil fuel prices, partly due to the rapid development of shale gas, and high financing costs for nuclear plants [REF].
On March 29, 2017, parent company Toshiba placed Westinghouse Electric Company in Chapter 11 bankruptcy because of $9 billion of losses from its nuclear reactor construction projects.