One of the most persistent arguments against the rapid deployment of nuclear energy is that projects are too expensive and take too long to complete. Based on the performance of the few nuclear plants that have begun construction in the West during this century, it’s hard to disagree. But there is solid evidence from projects…
An increasing number of major corporations and famous individual investors have announced plans to make their money work harder to address environmental, social and governance (ESG) goals. These plans are not about philanthropic giving. The individuals and organizations believe that careful targeting of their money can produce both financial and social returns. By investing in…
On Sunday, Feb 17, I realized that I was feeling extraordinarily good about the future of atomic energy, the future of clean energy production, and the future prosperity of the world that my grandchildren are going to inhabit. I immediately composed and sent an invitation to some atomic colleagues to join me in a conversation….
Under our current energy paradigm, nuclear power has the reputation of needing enormous up-front capital investments. Once those investments have been made and the plants are complete, the payoff is that they have low recurring fuel costs. Just the opposite is said of simple cycle natural gas fired combustion turbines. They require a small capital…
Researchers from Carnegie Mellon, University of San Diego, and Harvard recently published a useful call to action titled U.S. nuclear power: The vanishing low-carbon wedge. For pro-nuclear observers and debaters, their conclusion may seem quite depressing. It should be a source of profound concern for all who care about climate change that, for entirely predictable…
It’s time – or way past time – to think and talk about nuclear energy in new ways, recognizing the importance of the topic for the future health and prosperity of humanity. This show includes 5 forward leaning thought leaders in atomic energy. All of them are optimistic about nuclear’s future, often driven by their…
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 intense conversation Energy Secretary Rick Perry purposely initiated with his Sept. 29 letter to the Federal Energy Regulatory Commission continues to occupy the attention of specialists. The direction was concise: implement pricing rules that protect electricity generators that meet certain requirements from being pushed into early retirement. The marching orders came with an aggressive but…
If his goal was to stimulate a conversation with a rapid approach to concluding action, Energy Secretary Rick Perry has scored a victory with his recently proposed Grid Resiliency Pricing Rule. During the past couple of weeks, the insular world of energy policy wonks has talked of little else, numerous congressional hearings have been held…
The Nuclear Energy Institute (NEI) announced in early September that was starting a new advertising campaign with reimagined creative materials. Using the general tagline of “Nuclear. Power the Extraordinary” the U.S. nuclear industry’s trade organization will be speaking “to the critical role that nuclear technology plays in our lives. With dramatic visuals, the new campaign captures the…
By Jack Devanney Engineering, procurement, and construction (EPC) contractors have led recent nuclear plant projects into disasters. Deca-billion dollar cost overruns. Schedules doubling. Some projects being cancelled after squandering billions of dollars. Giant corporations facing bankruptcy. This raises the obvious question: if Westinghouse can’t build a standard nuclear power plant, how in the world will a start up like ThorCon…
In April, Secretary of Energy Perry announced a 60 day study of current U.S. electricity markets with an emphasis on their effects on long term grid reliability, reliance and stability. That report was issued sometime around 10 pm yesterday. It’s a lengthy, detailed product backed up with data, charts, customer feedback, and expert input. Here’s…