Frankly, I was a little surprised at the figure. Looking at the 104 plants that are operating in the U.S., it's very true that they have a 40-year licensed life, but well over half of the 104 now have applied for a 20-year life extension. The utilities operating these reactors that are operating at 90% capacity factors are planning to have the reactors operating for at least 60 years.
As well, the industry itself is now beginning to look at going 20 years beyond the 60, so when you make assumptions about phasing out reactors.... Also, the technology in Europe is no different. It is derivative of Westinghouse or GE technology that was built in the U.S.
In regard to those investments, there's a great incentive, because they are operating so well and because a very high level of safety is maintained by the regulators, to move them to 40 years, then to 60, and who knows beyond that, as long as materials and the material sciences can hold up.