I noticed the following brief comment about Toshiba’s Westinghouse purchase in an article on Bloomberg.com titled Japan’s Bank Lending Gains, Fueled by Company Demand (Update3). Toshiba, Japan’s biggest nuclear reactor supplier by generating capacity, obtained agreements in July to borrow as much as 400 billion yen ($3.4 billion) to finance its purchase of Westinghouse Electric…
Stuff.co.nz published a story dated 8 September 2005 titled Energy minister says no to nuclear power. The occasion for the minister’s rejection was a response to a presentation by Murray Jackson, the chief executive of Genesis at a climate change conference that made a strong statement that nuclear power should be on the list of…
The Conservative Voice has posted an article by James Finch of TradeTech titled Is $50/Pound Uranium Sustainable? dated 7 September 2006. If you are interested in the factors that influence uranium prices and the profitability of the uranium mining industry, I highly recommend that you read the article, perhaps a couple of times. According to…
The new generation of nuclear power plants that are being considered are simpler machines with features that depend on physics rather than automation to provide safety. The new reactors designs that will be built in the US (and perhaps in countries like the UK, Japan, and China) are refined versions of the first and second…
GE, Toshiba and Hitachi have a long standing joint venture called Global Nuclear Fuel that is headquartered in Wilmington, North Carolina. Toshiba’s recent purchase of Westinghouse, GE’s arch nemesis in the electric power business is causing GE to reevaluate its partnership arrangements. :NOTE: The rivalry between General Electric and Westinghouse dates back more than 100…
A company called Biomass Investment Group Inc. is planning to grow a crop that they have branded as E-Grass on a plot of land just north of Lake Okeechobee in central Florida. Progress Energy apparently will purchase the crop as fuel for one or more of its power plants. That prospect worries the Sierra Club…
Here is another signal that the investment bankers are taking a fresh, hard look at the prospects for the nuclear power industry and finding that there are a number of reasons to get involved. According to an article titled Another Investment bank Joins the Uranium Bulls FNArena – a self described supplier of financial, business,…
Sometimes the web and its infrastructure provide some interesting surprises. As I have mentioned several times in this blog, one of my many news sources is a daily email from Google Alerts that provides links to every article that it has found in the past 24 hours with the word “Unistar”. That unique search term…
Here is a time to preach to the converted. During the past dozen or so years, I have engaged in a number of conversations with well-compensated executives in the energy industry. They have listened to my pitch about the technical benefits of nuclear power, but their closing remarks at the end of the meetings have…