Leave a Reply

Your email address will not be published. Required fields are marked *

4 Comments

  1. The Rolling Stone article states “The Sunshine State has the best solarity east of the Mississippi, and the third-best rooftop solar potential in America. Yet measured by solar production, it ranks just 16th in the nation.”

    Obvious that the writer lives in Sunny California and not partly cloudy, often slightly hazy Florida which has a much lower solar potential. Not stated is that this rooftop solar potential is only about 60% of that in the best areas of the US, e.g. South West states like So. CA, NV and NM. (Simple Google search for Solar potential map will give you the map. { http://www.i4at.org/surv/solmap.htm is one } Thus it is only going to give the investor about 60% of the return on his investment. This fact also greatly increases the payback time on the investment. Rule of thumb I was taught was that if more than 3 years you are wasting your money and would be better off investing in stocks and bonds. Don’t think they will be glad they made this investment ten of fifteen years from now.

  2. And in other news, TVA has thrown in the towel on the Bellefonte reactors. Is this the first of the “nuclear renaissance” reactors to get the axe? Another nail in the coffin of that “revival”.

  3. @Wayne SW

    TVA gave up on Bellefonte at least three-four years ago. The public announcement might have been just issued, but there wasn’t any surprise among my contacts at the company.

    One of the final nails in the coffin was when a careful walkthrough of the facility revealed just how much piping, pumps, valves, instrumentation, and cabling had been removed from the partially completed plants and sold for spare parts to other facilities in order to free up some room under the debt limit to pay executive bonuses.

Similar Posts

  • On the Atomic Insights Radar – November 19, 2012

    On Friday, Nov 16, I wrote about the potential impact of applying a “peanut butter spread” sequestration algorithm to the NRC budget. (I spent a few years as a government budget analyst, so I sometimes speak the lingo.) If the accountants at the Office of Management and Budget continue on their proposed path, the NRC…

  • Hard reality – biofuels are a loser, despite all the hope and hype

    I’ve been spending the past hour or so reading an excellent paper written by a US Naval aviator titled Twenty-First Century Snake Oil: Why the United States Should Reject Biofuels as Part of a Rational National Energy Security Strategy. (Note: The link for the original paper is broken, but CAPT Kiefer has published another version…

  • How Hot is Cold Fusion?

    The 24th International Conference on Cold Fusion (ICCF24) was held at the lovely and spacious Computer History Museum in Mountain View, CA over four days in late July. As a venture investor looking at evaluating and investing in a wide range of advanced nuclear ventures, I was invited to participate and/or sponsor the event. While…

  • The Atomic Show #150 – Presidential Announcement of Loan Guarantees, Small Reactors

    On Sunday, February 21, I gathered a group of well experienced nuclear professionals to talk about the impact of President Obama’s February 16, 2010 speech announcing loan guarantees for Southern Company to build two additional units at its Vogtle Nuclear Station. Margaret Harding, Kelly Taylor, John Wheeler from This Week in Nuclear, Dan Yurman from…

  • Atomic Show #178 – Nuclear Process Heat

    One of the persistent myths left over from the first Atomic Age is that nuclear reactors can only be used to produce electricity in massive, central station power plants. That application is only one of many ways to use the heat from fissioning uranium, plutonium or thorium. In the US, fully 1/3 of the 100…