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
It's easy for some bloggers to make Nuclear Energy look bad when they compare 40 year old reactors to Solar tech that might be available in 10 years. However, it's just crazy to say that current wind, solar, or biomass tech is better than current nuclear tech.
Also, what biomass plant is going to make hydrogen for a fuel cell? What's the environmental impact of manufacturing photo-voltaic panels for 1000's of homes?
Keep up the good work and keep fighting for intelligent energy solutions.