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Atomic energy technology, politics, and perceptions from a nuclear energy insider who served as a US nuclear submarine engineer officer

Ameren subsidiary speculating about new nuclear power plant

December 18, 2005 By Rod Adams

In an article in the Kansas City Star titled Atomic power finds new popularity, Gary Rainwater, the CEO of Ameren Corp is quoted as saying that his company is “seriously considering” adding a new nuclear power reactor at the Callaway Nuclear Plant.

The article is quite lengthy and expresses some amount of excitement on the part of business development people at the prospects of major new projects that employ as many as 2,000 people during the construction phase and represent permanent work force additions of approximately 300-500 people per plant.

There are also leaders of opposition groups quoted as saying that no one wants to pay for the plants and no one wants to live near one. Of course, those arguments make little sense when heard in the context of excitement by civic leaders in the area near the proposed project and business leaders who say that “it is the most reliable and best cost option for additional generating capacity.”

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About Rod Adams

Rod Adams is Managing Partner of Nucleation Capital, a venture fund that invests in advanced nuclear, which provides affordable access to this clean energy sector to pronuclear and impact investors. Rod, a former submarine Engineer Officer and founder of Adams Atomic Engines, Inc., which was one of the earliest advanced nuclear ventures, is an atomic energy expert with small nuclear plant operating and design experience. He has engaged in technical, strategic, political, historic and financial analysis of the nuclear industry, its technology, regulation, and policies for several decades through Atomic Insights, both as its primary blogger and as host of The Atomic Show Podcast. Please click here to subscribe to the Atomic Show RSS feed. To join Rod's pronuclear network and receive his occasional newsletter, click here.

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