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    Our New Energy Secretary

    It’s confirmation week and the hearing for nominee for Secretary of Energy, Stephen Chu, is tomorrow, January 13th. We’ve written about Chu before (here and here) and my colleagues Ben Lieberman and Jack Spencer have come up with 5 key questions he’ll inevitably have to answer as Energy Secretary. In … More

    More Nuclear Coming to Florida

    Despite a new study that warns of “staggering costs” for nuclear power, the contracts keep on coming. The Pittsburgh-Tribune Review reports, Westinghouse Electric Co. said Monday it signed a $7.65 billion deal to build two nuclear reactors in Florida — its third such contract in nine months. With 30 new … More

    New Study on Staggering Cost of Nuclear Energy, Staggeringly Pessimistic

    Jack Spencer, Research Fellow in Nuclear Energy at the Heritage Foundation, authored this post. The Center for American Progress is promoting a  study called “Business Risks and Costs of New Nuclear Power,” which according to a CAP press release uncovers the “staggering” costs new nuclear power. The study prices out new … More

    Does Nuclear Energy Need More Loan Guarantees?

    Apparently not: Electricite de France SA and Constellation Energy Group say they want Exelon to join their UniStar Nuclear Energy development venture. After being ranked in the lower tier for federal loan guarantees, Exelon said it is seeking a reactor design more proven than the GE Hitachi Economic Simplified Boiling … More

    What will $10 billion Get You? A Lot of Nuclear Energy

    From Reuters: China has started building a new nuclear power plant in the southern Chinese province of Guangdong, the second of three Beijing aimed to begin constructing in the final two months of the year. The 70 billion yuan ($10.2 billion) Yangjiang plant, in Yangjiang City, will have six units … More

    What Chu Should Do on Nuclear

    So it looks like President-elect Obama is going to name his energy and environment team next week. Among the purported choices is Nobel-winning physicist Steven Chu to lead the Department of Energy. One of the questions on our minds is how will he handle nuclear energy policy. It is impossible … More

    When Government Gets in the Way…

    When nuclear experts discuss nuclear energy, they generally talk about three different parts: the front end of the fuel cycle, business and operations, and the back end of the fuel cycle. The front end includes all of the activities necessary to produce nuclear fuel. This means mining, enrichment, fuel fabrication, … More

    Global Warming Treaty Idea Never Heats up in Poland

    The old saying no news is good news certainly holds true in this case. With talks of an auto bailout and a certain Illinois governor entertaining bids for President-elect Barack Obama’s Senate seat usurping the headlines, there has been little talk of the global climate change conference in Poznan, Poland. … More

    Wind Suppliers are Paying People to Take Their Energy.

    Yes, you did read that title correctly, and no, it is not a joke. This is what happens when wasteful subsidies distort the market: In the first half of 2008, prices were below zero nearly 20 percent of the time. During March, when negative prices were most frequent, prices were … More

    Nuclear Reactors Small & Large

    104 nuclear power plants currently provide electricity for 20% of the nation. One of these reactors (1,000 Megawatt) provides electricity for about one million homes. This is great, but good things can come in small packages, too. For instance, Hyperion Power Generation, Inc. is looking to commercialize small, nuclear reactors … More