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  • GE considering impacts of Toshiba's Westinghouse purchase

    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…

  • Motley Fool has positive comments about nuclear prospects

    In a March 2, 2007 investment opinion piece titled GE Cleans Up Jack Uldrich, a Motley Fool writer, had this to say about nuclear energy growth prospects: GE will also benefit as public attitudes about nuclear power continue to soften. Although no new nuclear plants have been built in three decades, nuclear power (which emits…

  • Pragmatic Swiss government chooses an atomic direction

    One of the well known characteristics of the Swiss government is its pragmatic approach to decision making. Hope is never their preferred strategy. Recently, instead of hoping that conservation or renewable energy sources would supply their future needs, the Swiss government indicated that it would be building some new gas fired plants as an interim…

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    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…