Just had some sad news passed to me by our Government Affairs staff: Jim Phelan, one-time NEI Vice President of Government Affairs passed away on Friday, February 10. He is survived by his wife Jan and son of Christopher. A memorial service will be held at All Saints Episcopal Church, 3 Chevy Chase Circle, on February 17 at 10:00 a.m. In lieu of flowers, contributions can be made to a charity of your choice.
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
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