It’s not glaringly obvious, but preparatory steps enabling a take off for advanced nuclear power systems are making measurable progress. Enabling legislative acts have been passed by both the Senate and House and signed by the President, turning them into laws requiring actions. The Nuclear Regulatory Commission is back to full strength and under a…
No industry cheerfully accepts the prospect that a newly developed technology could make it obsolete. Executives and investors earn much of their wealth by constantly evaluating potential threats to their business. They invest time, energy and resources in conceiving and implementing response or prevention plans. “Inside the Atom” is a 1948 vintage snapshot of the…
What does it mean when nuclear plant owners tell people that their plants are struggling to make money in competitive markets as currently structured? They are attempting to more precisely state what is often misleadingly dismissed by journalists as “nuclear plants cannot compete.” The more commonly used statement gives the impression that nuclear plants produce…
(Reprint. Originally published September 17, 2013. During the 4.5 years since the original appeared, the licensing moratorium mentioned has been lifted, and the confidence rule has been replaced by Continued Storage of Spent Nuclear Fuel [NRC–2012–0246] but stubborn opposition arises in response to any proposed solutions.) During the 1970s, the antinuclear movement made a collective…
Though I take some pride in my critical reading skills and resistance to getting snookered by scam stories, I fell for a doozy yesterday. Unfortunately, I ended up propagating what might have been a clever ruse designed to paint nuclear energy advocacy in a bad light. It’s a story worth telling after I apologize profusely…
California, an enormously populous and wealthy state with an outsized impact on the culture, economy and politics of the United States, has a gubernatorial election this year. Jerry Brown, who has served a total of four terms and is the son of a former two-term California governor, isn’t running for reelection due to term limits….
Mark Menezes, the Undersecretary of Energy at the Department of Energy, gave an optimistic, forward-looking, audience-flattering, stage-setting talk at the Advanced Reactor Technical Summit. At least five times during his 10-minute talk, he repeated various combinations of a phrase – “revive, revitalize and expand” – that is apparently the mantra that the Administration has chosen…
By Peter Lyons Somewhere in Russia, 34 tons of surplus weapons-grade plutonium—enough material to make about 10,000 weapons—are awaiting disposal. Moscow was supposed to start destroying this stockpile, but has yet to start, leaving a huge threat lurking in an unknown location. If even a tiny fraction of this material fell into terrorists’ hands, they…
For now, I’m going to leave all names out of this piece of hearsay. Please believe me when I say that my sources are good and varied. Throughout his campaign, President Trump ran on the slogan “Make America Great Again.” That inspired many to attend his rallies and probably convinced many to vote for him….
Since 2014, investor-focused publications have used terms like ‘awash in oil’, ‘oil glut’ and even ‘world is “drowning” in oil’ to describe the world’s stockpile of already extracted and stored inventory of crude oil. Similar phrases have also been occasionally used to describe inventories of various refined products like gasoline, distillate fuel oil, and kerosene….
The Georgia Public Service Commission unanimously approved a plan to continue the Vogtle Expansion Project. Georgia Power, a wholly owned subsidiary of the Southern Company, immediately accepted the deal contained in the plan and will continue moving forward with due diligence and effort. The announced decisions made me even more confident that there is strong…
Early this morning, Senate Republicans passed a tax reform package. Despite passing generous, deficit-increasing legislation that includes many provisions that favor corporations and most forms of energy production, it did not include an extension of the operational deadline that must be met to qualify for the nuclear production tax credit. In my analysis, there is…