Who’s Got the Solar Panels?

Well, President Jimmy Carter was one. His panels were taken down by his successor, ronald Reagan, and ended up at Unity college in Maine. An environmental activist, Bill McKibben, decided to take them back to the White House last month to see if the current occupant, Barack Obama, might reinstall them. But he had a problem:

As McKibben's party made its way from Maine to Washington, D.C., they had just one "nagging concern": They hadn't heard any confirmation from the White House that Obama would see them.

But this has kind of a soft human interest angle, so why not?

In the end, McKibben and company did end up with a meeting, with two unnamed "environmental bureaucrats," but the Carter panel and the Sungevity donation were refused.

Sungevity was going to donate a “full solar system” – I’m not sure what that means – a system capable of running the entire White House? In any event, no go.

The response? Not too good:

The Obama administration's reluctance to put a Carter-era solar panel on the White House roof was understandable, even if repulsively pusillanimous. The last thing the White House wanted to do was to give the right another talking point comparing Obama to Jimmy Carter.

But maybe the administration had its own plan in mind that it wasn’t ready to share with McKibben:

Going the green way, the White House will soon be installed with solar panels and solar heaters, in a reflection of the US President Barack Obama's policy of promoting alternative and clean sources of energy.

Energy secretary Steven Chu said the solar panels and solar water heaters are expected to be in place by early next year at the rooftop of the presidential residence.

I’ve no problem with that – seems a good demonstration of solar energy. Of course, in some quarters, it cues unattractive comparisons with President Carter, but since Carter is now best known by many as an amiable elder statesman who does good works and turns out bestsellers in a variety of genres, that’s likely to help not hurt the effort.

And those who want to make such comparisons need to accommodate President George W. Bush’s own installation of solar panels in 2003:

The Bush administration has installed the first-ever solar electric system on the grounds of the White House. The National Park Service, which manages the White House complex, installed a nine kilowatt, rooftop solar electric or photovoltaic system, as well as two solar thermal systems that heat water used on the premises.

It makes President Carter look downright prescient, doesn’t it? (Though I do wonder if Bush’s system is still there or was taken down when he finished his term.)

In any event, there’s no downside. Solar panels seem right at home at the White House. Come to think of it, a small wind turbine wouldn’t go amiss either.

President Barack Obama and a bank of solar panels – no, not at the White House, but during a speech he gave last year at Nellis Air Force Base in Nevada.

Fluor Invests in NuScale

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...

Wednesday Update

From NEI’s Japan micro-site: NRC, Industry Concur on Many Post-Fukushima Actions Industry/Regulatory/Political Issues • There is a “great deal of alignment” between the U.S. Nuclear Regulatory Commission and the industry on initial steps to take at America’s nuclear energy facilities in response to the nuclear accident in Japan, Charles Pardee, the chief operating officer of Exelon Generation Co., said at an agency briefing today. The briefing gave stakeholders an opportunity to discuss staff recommendations for near-term actions the agency may take at U.S. facilities. PowerPoint slides from the meeting are on the NRC website. • The International Atomic Energy Agency board has approved a plan that calls for inspectors to evaluate reactor safety at nuclear energy facilities every three years. Governments may opt out of having their country’s facilities inspected. Also approved were plans to maintain a rapid response team of experts ready to assist facility operators recoverin...

Nuclear Utility Moves Up in Credit Ratings, Bank is "Comfortable with Nuclear Strategy"

Some positive signs that nuclear utilities can continue to receive positive ratings even while they finance new nuclear plants for the first time in decades: Wells Fargo upgrades SCANA to Outperform from Market Perform Wells analyst says, "YTD, SCG shares have underperformed the Regulated Electrics (total return +2% vs. +9%). Shares trade at 11.3X our 10E EPS, a modest discount to the peer group median of 11.8X. We view the valuation as attractive given a comparatively constructive regulatory environment and potential for above-average long-term EPS growth prospects ... Comfortable with Nuclear Strategy. SCG plans to participate in the development of two regulated nuclear units at a cost of $6.3B, raising legitimate concerns regarding financing and construction. We have carefully considered the risks and are comfortable with SCG’s strategy based on a highly constructive political & regulatory environment, manageable financing needs stretched out over 10 years, strong partners...

NEI Nuclear Notes

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