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.
Comments
Polar Bears 1
Al Gore (and producers, etc.) 0.
I was a sailor once, and used to sail along the California coast. On one race from San Francisco to Santa Barbara, I recall passing Diablo Canyon. It was a beautiful day and the containment buildings were actually pleasing to look at.
And then I noticed it…there were whales! Lots of whales! The whales were broaching in the warm water at the discharge. Perhaps it was coincidence. Perhaps the warm water resulted in lots of food and a happy place for those humpbacks. Given the absence of millions of tons of combustion products, and just some clean warm water coming out, I tend to believe the polar bears and the whales have it about right.
Keep up the effort.
Russ
A Nuke
A midwife’s spouse