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
"Voters were asked to pick one of three 'lines'. But by this time all three 'lines' had formulated policies calling for the eventual phase-out of nuclear
power in Sweden: Line 1 after twenty-five years with completion of stations already on
order, Line 2 ditto with utilities nationalized, and Line 3 after ten years with no further
work on incomplete stations. The vote split 39 per cent for Line 2 and 38 per cent for
Line 3."
- Line 1 was was actually a yes vote. He didn't provide a translation, but that was how he remembered his vote.