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...
Comments
The incredible amount of bureaucracy that has built up in America might now be the number one reason companies are outsourcing in other nations. Why go through endless regulations and red tape in America when you can have whatever you want to build completed by the time the regulators in America give you an answer.. and that answer might be no.
Now residential power the plant must be built close by, but any product being manufactured you just build in China or some third world nation.
Ultimately it falls on the President as chief executive of the government to reign in out of control growth of bureaucracy. Which government agencies left untended will always grow into a tangled bureaucratic mess, because of human nature.
--aa2
Thanks for posting the link. It is good to note that CNBC is questioning the fact that the NRC review process is scheduled to take between 42-48 months. I do believe that is excessive considering the fact that the full process of inventing and building the Shippingport reactor took about that same amount of time.
It is kind of funny, however, that one of the best known media outlets in support of free market capitalism seems to be pining for an electrical power system with one utility and one standard plant design.
There is goodness in standardization - one Toyota Corrolla should be built to the same design as the next one. However, there is also goodness in competition - there is no reason whatsoever to believe that one size fits all or that every US power plant should be built by the same vendor.
There is not even any reason to believe that the five "standard" designs represent the best that we can do - technology moves forward and there are at least 5 additional designs that have already made contact with the NRC about their license approval process.
I know for a fact that there is at least one more that has not yet queued up for a variety of reasons, and I have a strong suspicion that there are several others in various stages of design.
Somehow, we have to make people realize that the process of approving a new plant design has to be continually adapted and refined.
My initial suggestion for a time saver is to work to remove the evacuation planning requirement. The technical reality is that evacuation would be a ridiculous response to any conceivable event at any of the proposed designs. In all cases, it would actually increase the risk of negative public health effects.
I think the environmental report is the worst time waster, especially for new units on an existing site. Really, why bother?
Can you imagine the public response to an industry move to eliminate evacuation planning, especially as a "time saver" for licensing new units?