The March issue of Nuclear Energy Insight is now available online. In it, you'll find an article on the nuclear energy industry’s stellar year marked by near-record production and continuing low costs. There also are reports on DTE’s preparations to seek a license for a new reactor at its Fermi reactor in Michigan and an industry briefing to Wall Street analysts. Other articles discuss the role of nuclear energy in combating climate change, the NRC’s adoption of a new security rule, and nine universities embarking on nuclear research projects. Click on Industry News/Insight.
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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