The above is a short clip that is part of a longer interview about carbon free power, but it drive home a significant point. Craig Mundie, the head of a $9 billion private high tech research and development organization likes new nuclear approaches.
Hat tip to Reuter’s Blogs for the pointer to the story.
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.
At 12:30 am on December 18, 1957, the operators of the Shippingport Atomic Power Station synchronized the rotation of the alternating current being produced by the plant’s single steam turbine generator with the electricity already being supplied by the local grid and closed the output breaker. For the next few hours, the operators quietly increased…
Several weeks ago, I mentioned that the governments in the area near the Bellefonte Nuclear Generating Station had passed resolutions to encourage the NuStart consortium to build a new plant in their backyard. They have apparently been busy in the past few weeks and have captured the attention of the Alabama state government. The Huntsville…
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…
Here is an interesting lede from a story in RenewablesBiz.com titled Non-conformity Taxing Developers: Ask any renewable energy project developer what saved the market from total collapse in 2009 and the unanimous answer would be the cash grants program from the U.S. Treasury. That’s the Section 1603 program changes in the Recovery Act in which…
The Associated Press is reporting that Exelon will be delaying its proposed two unit nuclear reactor development near Victoria, Texas. The company attributed the decision to the difficult financial markets and its failure to make the cut for the first round of US Department of Energy loan guarantees. People who have been following this project…
California Assemblyman Chuck DeVore is becoming one of my heroes. Last year he tried to get the California legislature to modify the language in their state law that has effectively banned new nuclear power plant construction since 1976. That effort died in committee before ever making it to the full legislature. Now he has announced…
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