American states are competing for new nuclear power plant projects

ByRod Adams

My, how times are changing! According to an article published by MarketWatch on May 21, 2007 titled States maneuver to lure new nuclear power plants a number of US states including Florida, Louisiana, South Carolina and Georgia are offering financial incentives to companies that build new nuclear power plants.

The states have the revolutionary notion that it is a good thing for them to encourage development of plants that will operate on a fuel whose price is less volatile and cleaner than natural gas. (That sentence is dripping with sarcasm, just in case you did not notice.)

Once again, there is evidence that the Not In My Backyard attitude that temporarily surrounded new nuclear power projects has been replaced by a new struggle for the economic and environmental benefits of hosting new, modern, job generating facilities with plenty of potential spin off industry.

Rod Adams
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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