First wave or second wave for US nuclear projects?

I wrote an article for the June 2009 Nuclear Power International on the strategy being followed by US nuclear projects. Most projects are proceeding toward a potential first wave construction start, even though only a few (perhaps only those that get acceptable DOE loan guarantees) will actually start construction in the first wave.

Waiting until 2012 (when COL approvals should come) to decide to postpone a nuclear project may be much more expensive than moving to a thoughtful second-wave strategy now. Some companies, including Entergy and Ameren, seem to have decided to shift to the second wave already.

The article is at
http://pepei.pennnet.com/display_article/363984/140/ARTCL/none/none/1/First-Wave-or-Second-Wave?/