Warren Buffett and Google Aid Nuclear Energy's Slide

Even though both are considered "green energy," wind has been the chosen energy source for U.S. energy policy lately. With the extension of the wind energy tax credit in 2012, the industry witnessed record capital expenditures. This build-out has been taking its toll on the likes of Exelon and Dominion Resources due to their inability to shut down nuclear power generation during off-peak demand.

Many expect the proliferation of wind and solar energy to continue, especially as state mandates start to kick in regarding renewable energy usage. Based on this outlook, nuclear and coal power generators are likely to continue suffering unless subsidies are curbed and natural gas prices begin to rise.

For more on the current and prospective spending in this sector, watch the video below.

What will Exelon have to do in order to maintain its nuclear presence?

As the nation moves increasingly toward clean energy, Exelon is perfectly positioned to capitalize on having the largest nuclear fleet in North America. Combine this strength with an increased focus on renewable energy, and EXC's recent merger with Constellation places Exelon and its best-in-class dividend on a short list of top utilities. To determine if Exelon is a good long-term fit for your portfolio, you're invited to check out The Motley Fool's premium research report on the company. Simply click here now for instant access.

The article Warren Buffett and Google Aid Nuclear Energy's Slide originally appeared on Fool.com.

Joel South and Taylor Muckerman have no position in any stocks mentioned. The Motley Fool recommends Dominion Resources and Exelon. It also recommends and owns shares of Google. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

Copyright © 1995 - 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.