Huaneng Power International, Inc. (ADR) (NYSE:HNP)

FleaBagger (99.14) Submitted: 6/17/2008 12:17:16 AM : Start Price: $33.60 HNP Score: +14.67

This is part of the Fooligan project. I'm hoping that there's a prize in it for me, but who knows?Anyway, HNP is a power company in China that is trying out a new nuclear technology developed by Siemens Group and ABB. It sounds like a pretty sweet concept, making nuclear cleaner, safer, and more cost effective than ever before. It's a modulated, uranium pebble-powered, helium-cooled reactor. It produces no toxic heavy water, but reuses the helium after it cools, leaving no ecological dilemma. The easily expanded modulated design decreases costs and improves flexibility. This is clean energy at its finest.Meanwhile, their coal plants should lose less money in the near future as China responds to the high price of coal in its slow, communist way.