Cost overruns from $9 Billion to $25 Billion, most of which customers will have to pay with higher bills. Construction delays of many years costing Billions of dollars. Executives convicted and served terms in federal prison. Incompetent nuclear engineering and Westinghouse bankruptcy. And the whole project was abandoned. https://en.m.wikipedia.org/wiki/Nukegate_scandal?ref=floodlightnews.org
Archive for the ‘Finance’ Category:
2024-04-12 Florida GOP Operative Admits Role In ‘Ghost’ Candidate Scheme That Defeated Utility-targeted Dem
Dark money supported 3rd party candidates who siphoned off votes from Democrats, giving Republicans state congressional seats. This money came from Florida Power & Light. It was meant to defeat those who supported clean renewable energy. https://floodlightnews.org/florida-gop-ghost-candidate/?ref=im-a-reader-newsletter
2024-03-18 Creating Money – Capitalism – Stocks
Rockefeller, Anaconda Copper Co., Amalgamated Copper. All a matter of paper wealth? https://www.facebook.com/reel/379920374721972?mibextid=9drbnH&s=yWDuG2&fs=e
2024-03-12 Keeping The Grid In Balance
At the end he said “… keeping the grid in balance with millions of tons of spinning inertia.” Well, this is now being simulated by the electronics in the battery energy storage systems and other electronics. It’s called VMM – virtual machine mode. Soon, there will be very few thermal power plants left after all
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2024-02-19 BTC Scorns Trump – Really Damning!
Brian Tyler Cohen says, “Do you really trust someone who is not legally allowed to operate a business in New York to be able to run the entire country””
2024-02-16 Climate Scientist’s Victory Against Climate Deniers
Michael Mann’s lawsuit victory over a million dollars in damages. https://www.nature.com/articles/d41586-024-00396-y
2024-02-05 1960s IT Guy Predicts The Future
He got almost all of it right. But at that time no one knew how portable they would become. No one knew how many more things they would be and do – telephone, camera, audio and video recorders, run hundreds of applications such as the browsers that access the Worldwide Web. Email, messaging, clock, calendar
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2024-01-22 Largest US Solar-Storage Project Goes Online
It’s 875 MW solar and 3 GWh of energy storage. The 4600 acre site with nearly 2 million solar panels is not far from Edwards AFB, California. Largest US solar-storage project goes online
2023-12-04 Trump Embezzled From His Charitable Foundation
Some have received up to 10 years sentence for embezzling from their charitable funds. A short Jon Stewart video.
2023-11-28 SMRs Aren’t Viable – a History Of Failures
The article was disheartening – but understandably the reality is renewables plus storage is so much cheaper that SMRs can’t compete The utilities will not contract for a nuclear power plant when they can get solar, wind and battery storage for a fraction of the cost per MWh. What I saw no mention of so
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