Focus On The Energy Bill: Hydrogen

One of the most important research and development projects in this year's energy bill center around the use of hydrogen as a replacement for gasoline in vehicles. This week in U.S. News and World Report, the magazine took a closer look at the Honda FCX, which Richard Newman says compares favorably to hybrids and other economy cars:

[T]he FCX makes a persuasive case for the technology. The electric motor's clean, quiet ride is a reminder that the internal combustion engine, the automotive standard for a century, need not be the end of the road. And it's satisfying to look in the rearview mirror and know I'm leaving no toxins behind.

For more on this topic, visit Green Car Congress and Hydrogen Power News.

UPDATE: Here's more from Hydrogcicle.

Technorati tags: Nuclear Energy, Environment, Energy, Politics, Technology, Economics

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Fluor Invests in NuScale

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Wednesday Update

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Some positive signs that nuclear utilities can continue to receive positive ratings even while they finance new nuclear plants for the first time in decades: Wells Fargo upgrades SCANA to Outperform from Market Perform Wells analyst says, "YTD, SCG shares have underperformed the Regulated Electrics (total return +2% vs. +9%). Shares trade at 11.3X our 10E EPS, a modest discount to the peer group median of 11.8X. We view the valuation as attractive given a comparatively constructive regulatory environment and potential for above-average long-term EPS growth prospects ... Comfortable with Nuclear Strategy. SCG plans to participate in the development of two regulated nuclear units at a cost of $6.3B, raising legitimate concerns regarding financing and construction. We have carefully considered the risks and are comfortable with SCG’s strategy based on a highly constructive political & regulatory environment, manageable financing needs stretched out over 10 years, strong partners...

NEI Nuclear Notes

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