No industry cheerfully accepts the prospect that a newly developed technology could make it obsolete. Executives and investors earn much of their wealth by … [Read More...] about Documentary evidence that fossil fuel industry knew–by 1948–that it faced prospect that atomic energy would make it obsolete
NuScale announces a major step in the NRC’s review of its passively safe SMR
NuScale, a leader in the increasingly competitive field of advanced nuclear reactor design, has announced that the U.S. Nuclear Regulatory Commission (NRC) reviewers issued a document that formally agrees that their design does not require any electrical power to achieve safe shutdown. It’s difficult to explain the importance of that regulatory position. People with experience […]
Urenco, Bruce Power Sign MOU To Develop U-Battery for Canada
Urenco, Bruce Power and AMEC NSS Limited recently announced that they had signed an MOU to cooperate in the design, licensing and development of Urenco’s U-Battery micro nuclear system for the Canadian electricity and heat market. The U-Battery contains a 10 MWth nuclear heat source that can be configured to produce either 4 MWe plus […]
Will the U.S cold wave help solve OPEC’s oil inventory hangover?
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. […]
Paying attention to energy discussions on Twitter
I apologize for the virtual silence here over the past couple of weeks. I’ve been keeping up a fairly active presence on Twitter, posting short updates and getting involved in a few serious conversations as time allows. Even if you do not have a Twitter account, you can read my feed at https://twitter.com/Atomicrod?s=17 One topic […]
Vogtle continuation decision tells me America still produces leaders that can make complicated, long-term decisions
The Georgia Public Service Commission unanimously approved a plan to continue the Vogtle Expansion Project. Georgia Power, a wholly owned subsidiary of the Southern Company, immediately accepted the deal contained in the plan and will continue moving forward with due diligence and effort. The announced decisions made me even more confident that there is strong […]
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Did the Republican tax reform bill add the last straw that halts large nuclear plant construction in U.S.?
Early this morning, Senate Republicans passed a tax reform package. Despite passing generous, deficit-increasing legislation that includes many provisions that favor corporations and most forms of energy production, it did not include an extension of the operational deadline that must be met to qualify for the nuclear production tax credit. In my analysis, there is […]
Atomic Show #261 – Three advanced nuclear technology developers
Advanced nuclear development projects have made some significant steps during 2017. I met – via Skype – with representatives of three of the projects yesterday. Several more were invited, but were busy doing business even on a Sunday evening. The three who were able to attend were Seth Grae, the CEO of Lightbridge (NASDAQ: LTBR), […]
NERC 10-year grid reliability report contains nuanced warnings that many fail to understand
Greentech Media recently published another article claiming that there is a new report that supports its contention that the NOPR – Notice of Proposed Rulemaking to establish a Grid Resilience Pricing Rule – Sec. of Energy Perry sent to FERC is misguided. I cannot help but wonder if the author read the report. If he […]
Why are many nuclear advocates turning against large scale wind and solar energy?
On Friday, a well-respected energy industry observer posed an important question on Twitter. Michael Liebreich @MLiebreich Replying to @tder2012 @Daniel_W_See and 4 others Answer. The. Question: Why have you concluded that attacking cheap wind and solar is the best way to help nuclear? Please explain, because from where I sit it’s pretty darn clear: the […]
Synergies between nuclear energy and coal
Some recent converts to nuclear energy advocacy are offended and confused by the fact that nuclear energy and coal have been lumped together in the Department of Energy’s recent effort to return profitable conditions to established power plants that do not depend on favorable weather or just-in-time natural gas fuel delivery. A segment of the […]
Michael Shellenberger explains why he is running for governor of California – Part 3
Editor’s Note: Sometimes stories are best told out of sequence. We’re starting here with part 3 of a timely tale about a strong leader with a moral compass who has decided to enter into a political race out of faith in his country, its system and himself. By Michael Shellenberger When I started Environmental Progress […]
