Details off the wire.
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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Since they have drastically delayed their North Carolina plants in lieu of a conservation push, I expect more of the same for Progress Florida. Progress seems to be a waste of time with respect to getting new construction rolling sooner rather than later.
I think that TVA or Southern are the best bets for Toshiba to get new reactors built soon in the US. Those two organizations have the will and the money to do so. However, if TVA does move forward with Watts Bar 2, then they will delay new plants at Bellefonte. That leaves Southern at Vogtle to get the job done.