Search Results for: John Rowe

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Beware of the purveyors of the “cheap gas forever” myth

ByRod Adams

…ttle less selfish and significantly more far seeing than that expressed by John Rowe in a recent Forbes interview. Former ComEd CEO Tom Ayers built Exelon’s reactor fleet because, Rowe said, he thought they were best for the environment. But Ayers was suffering from Alzheimer’s Disease by the time the reactors broke even on their initial cost. He died in 2007. “I’m not fond of investments that don’t pay off before I’m incapable of comprehending it…

Sierra Club, Shell Oil, Cato, RMI, Exelon and ExxonMobil All Agree – Just Do Without So We Do Not Build Any Disruptive New Capacity

ByRod Adams

…m shale. You don’t think that will play out in the form of tighter supply? JOHN ROWE: I think it will have an effect on the economics of shale production. I’m quite certain there will be regulation because of that concern. I think some regulatory structure is legitimate. I would be sitting here smiling like a chipmunk if I really thought that it would have a massive effect on the gas market because it would make my nuclear plants even more valuabl…

Smaller plants could speed the Nuclear Renaissance

ByRod Adams

…Wall Street investors. Her report included an after meeting chat with John Rowe, CEO of Exelon who answered a few questions about the biggest hurdles facing the industry. After making a few general statements about the difficult challenges and the desire for people to somehow get electricity without making investments or accepting any kind of plant in their backyard, Mr. Rowe became more specific: Now, when you go down from 50,000 feet to 10,000 f…

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IQ2 Debate – No Fracking Way: The Natural Gas Boom is Doing More Harm Than Good

ByRod Adams

…truction business. Influential electric power company executives like John Rowe have put a kibosh on plans for new nuclear power plants; stating that they prefer to bet their company’s future on cheap gas. Rowe even told the attendees at the American Nuclear Society annual meeting that he believes cheap gas is going to make new nuclear uneconomic for a decade, if not more. Aside: Of course, Rowe is clever enough to act differently. He and his comp…

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Low-level Radiation and Its Implications for Fukushima Recovery

ByRod Adams

…probable that new nuclear plants will not be economical for a decade” said Rowe. “And two decades is as good a guess as any.” The news report continued: “Rowe also addressed the headline-stealing event of the industry since March 2011, the disaster at the Fukushima Daiichi nuclear power plant in Japan. ‘A great deal of public uncertainty was created,’ he said. ‘And a great deal of genuine environmental damage was done.’ ” He didn’t mention that, d…

Transportation and Storage Subcommittee BRC on America's Nuclear Future – Aug 19 Meeting Observations

ByRod Adams

…ations governing used fuel storage – Mike McBride, Van Ness Feldman Aside: John Rowe asked Mr. McBride if the government thought that it had made the situation any better by aggressively litigating to defend itself against compensating utilities for its failure to deliver the contracted services. With a smile, Mr. McBride said that, as a lawyer, he understands why some people in the Department of Justice recommended litigation. He also stated that…

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Cooper’s criticism may awaken nuclear competitive spirit

ByRod Adams

…the US for at least two decades. Aside: Cooper seems to be quite a fan of John Rowe. He quotes Exelon’s former CEO about a half a dozen times in his report. End Aside. What Cooper fails to acknowledge in his report, however, is that many of the risks associated with nuclear energy are financial and imposed by choices made by human beings. In contrast, the risks associated with all other energy competitors are often part of their fundamental natur…

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Anti nuclear movement strategy circa April 1991

ByRod Adams

…”Target the EPA new regulations on radiation” To what purpose? To convince John Q that you are trying to “get away with something”? Ol’ John appreciates Uncle Sam protecting him and his family from that bad nasty radiation boogie man. If your “strategy” convinces John Q that you’re trying to duck under Uncle’s safety net, your “strategy” is dead in the water. Better that you convince John Q that you’re aware of the risks, and are working with Uncl…

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Naval Reactors should be empowered to show the way – again

ByRod Adams

…al insights for major breakthroughs that can change fields or an industry. John Rowe in 2011, at one of your ANS meetings, said, “Nuclear is a business, not a religion.” I certainly agree with that statement, and I know what he was saying. But I would say it’s also a science and we can’t forget that. Advances in science and engineering can and must improve the long term business outlook for nuclear. So hopefully all of you people who will be here…

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Amory Lovins continues Sowing Confusion About Renewable and Nuclear Energy

ByRod Adams

…lue about which side the truth is on. Dr. John Miller @NuclearReporter Dr. John Miller To John Chatelle, I too wish RMI had not done consulting work for oil companies. Whatever they did must have improved the lot of the oil companies, or they wouldn’t have continued buying it year after year. As a psychologist, I believe that taking pay for work performed has a long-term effect of making the paid more positive toward the payor. It’s not a bias tha…

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Who said modular construction would save money on first of a kind units?

ByRod Adams

…an be fatal for an already embattled industry. I disagree with people like John Rowe, who state that nuclear energy is just a business and not a cause. If it is to succeed, it needs to be pursued with as much passion and dedication as any other innovation that has the power to save the world. Utility customers should put down the journalists’s interpretations of the nuclear revival story and dig deeper to recognize that they cannot make multi-deca…

What Keeps You Up Late At Night? – For Me, Tonight, It is the Unholy Alliance of Natural Gas, Environmentalists, and Renewable Energy Advocates

ByRod Adams

…utility industry like Chris Crane of NRG, Mayo Shattuck of Constellation, John Rowe of Exelon, and Armando Olivera of FPL who might otherwise be talking about their companies’ exciting projects to build new nuclear power plants. Those electric power industry decision makers, however, have announced that their nuclear construction plans are on hold while they take a look at this new shiny object called cheap natural gas. (They don’t actually phras…

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