You know, it’s kind of sad that no one is willing to invest in nuclear energy anymore. Wait, what? NuScale Power celebrated the news of its company-saving $30 million investment from Fluor Corp. Thursday morning with a press conference in Washington, D.C. Fluor is a design, engineering and construction company involved with some 20 plants in the 70s and 80s, but it has not held interest in a nuclear energy company until now. Fluor, which has deep roots in the nuclear industry, is betting big on small-scale nuclear energy with its NuScale investment. "It's become a serious contender in the last decade or so," John Hopkins, [Fluor’s group president in charge of new ventures], said. And that brings us to NuScale, which had run into some dark days – maybe not as dark as, say, Solyndra, but dire enough : Earlier this year, the Securities Exchange Commission filed an action against NuScale's lead investor, The Michael Kenwood Group. The firm "misap
Former blog for NEI featuring news and commentary on the commercial nuclear energy industry. Head to NEI.org for the latest blog posts.
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Don't know about you, but electricity makes my Internet go and it keeps my house warm in the winter. I'm a big fan of the uninterrupted production of it.
I think that nuclear power, nastiness and all, is the best technology humans have to help get us over the unsustainable use of finite resources. It buys us more time to figure out renewable energy so we can to get a point where we can extract everything we need from sources that are effectively infinite.