Skip to main content

Why Nuclear Energy's Loss is Warren Buffet's Gain

By Eric McErlain
David Bradish
Over the 10 years that NEI Nuclear Notes has been in business, we've seen a lot of bloggers come and go, but today, I'd like to note the departure of one of our earliest contributors, NEI's David Bradish.

It's impossible to overestimate the impact that Dave has had on our blog and NEI's digital properties over the 11 years he's worked here. The son of a nuclear plant employee, Dave came to NEI out of Graceland University in Iowa (Dave is generally acknowledged to be the school's most famous graduate next to former Olympic decathlete Bruce Jenner - wink) to work as an economist in our Policy Division. If Dave had done nothing more than simply do his job, he would have been seen as an important contributor. Whenever you read an NEI economic benefits study or study some the industry performance statistics we publish, you're enjoying Dave's handiwork. He's been responsible for the care and feeding of a significant portion of the content on NEI.org, including many of our most popular web pages. Over the years, our media team has come to rely on Dave to help extract real information from reams of industry financial and performance data, as well as more than a few interviews with the press.

Dave and one of his dangerous charts.
But what I'm most grateful for was the work he did here on the pages of NEI Nuclear Notes, where he regularly crossed swords with some of the nuclear energy industry's most vocal critics. Of course, the difference between Dave and folks like Amory Lovins, Helen Caldicott & Michael Mariotte, was that Dave came ready to fight with a calculator in one hand and an Excel spreadsheet in the other. It wasn't long after he arrived at NEI that Dave discovered that most anti-nuclear activists weren't very good at math, something he used to his, and NEI's advantage on these pages 177 times since 2008.

As good as that run was, it ends today, as Dave is packing his bags, wife, son and daughter to head back to Iowa where his kids can be closer to their grandparents. It's the sort of decision that tells you all you need to know about Dave and what's important to him. He'll be working in Des Moines for Wells Fargo (hence the Warren Buffet reference), doing big data analytics for their mortgage division. And while we'll miss him, we can't help but be happy for a friend that's doing what's best for him and his family. Bravo Zulu, Dave. Fair winds and following seas.
Labels:

Comments

Post a Comment

Popular posts from this blog

Fluor Invests in NuScale

By
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...
1 comment
Read more

Wednesday Update

By
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...
Post a Comment
Read more

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

By
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...
Post a Comment
Read more