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The Atomic Show #102 – Constellation, itsgettinghotinhere.org, cost vs investment

ByRod Adams

Nuclear energy news. Atomic conversation with Robert Margolis, Kelly Taylor and Rod Adams

Kelly Taylor, Robert Margolis and I got together on August 17, 2008 to discuss the events of the week in nuclear energy. Kelly and Robert had been involved in an interesting discussion with people from itsgettinghotinhere.org regarding the expansion of Dominion Power’s North Anna facility.

I reported on my recent trip to Calvert County where Unistar Nuclear is planning Calvert Cliffs Unit III, and we talked about some of the benefits that result to local communities when a “costly” nuclear plant gets constructed in their backyard.

When a utility or generating company pays billions of dollars to build a new nuclear plant the money goes somewhere; much of it goes into the paychecks of the people constructing and later operating the plant. When the plant begins producing power, that displaces power generated by burning fossil fuels. Not only are fossil fuels dirtier than fission, but the money spent to buy them generally goes someplace far from where the fuel gets burned and the emissions get released.

Since fossil fuel companies have pared down their work forces, a lot of the money ends up concentrating in the hands of a small number of wealthy individuals.

As usual, our conversation veered into several tangentially related topics. Hope you enjoy the show. Remember, if you want to learn more about opportunities offered by Energy, a sponsor of The Atomic Show, please visit them at nuclearenergycareers.com.

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Rod Adams

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.

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