Updated – Progress Energy's new nuclear power plans

ByRod Adams

Nuclear Engineering International published a story on 2 November 2005 about Progress Energy’s announced plans to apply for two new nuclear power stations. Each station would include two reactors. Progress Energy has not announced its choice of reactor designs, but has indicated that it will limit its choice to one of the three evolutionary designs – GE’s Economic Simplified Boiling Water Reactor (ESBWR), Westinghouse’s AP-1000, or Areva’s US Evolutionary Power Reactor (US EPR) – that have either been built overseas, licensed in the US or both.

One interesting comment in the story is that the final purchase decision may be dependent upon the availability of a permanent storage capability for used nuclear fuel.

Rod Adams
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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