Economics:
¶ Probable reasons are cited for GE’s stated belief that new nuclear reactors are too expensive to be feasible. [Green Chip Stocks]
Technology:
¶ Gas Technology Institute, a developer of fuel technology, announced a new system producing gasoline and diesel fuel from non-food renewable materials. [Science Daily]
Japan:
¶ An old movie that examined the risks of nuclear is drawing new audiences: “Ashita ga Kieru: Doshite Genpatsu?” (Tomorrow is disappearing: Why the nuclear plant?). [Asahi Shimbun]
World:
¶ China asked the US to remove some stimulus measures for the renewable-energy industry, saying they’re against World Trade Organization rules. [Bloomberg]
US:
¶ Xcel’s Colorado Community Solar Gardens Developer Initiative was sold out in thirty minutes. In fact, it was oversubscribed by 200%. [Triple Pundit]
¶ A third of the workers at San Onofre are being laid off, leading to speculation that the plant will not be brought back online. [Los Angeles Times]
¶ The lawsuit brought by three environmental groups against the NRC over Seabrook is based on a requirement that the NRC consider alternatives to nuclear power, and such alternatives exist in the area. [New Hampshire Business Review]
¶ During the first half of 2012, nearly all new electric plants were powered by natural gas and renewable power. The new plants tended to be of much smaller size than what was usually built in the past, and many new plants were peaking generators, which deliver power at times of peak demand. [Power Engineering]
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