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« Environmental study on uranium mining announced | Main | Gold-Prices.biz: Stock Trader Update 08 May 2014 »
Sunday
May112014

Nuclear startups reimagine atomic energy

To most people, the outlook for nuclear power wouldn’t seem bright. The Fukushima disaster in Japan three years ago increased public resistance to the industry. Cheap natural gas is undercutting its competitiveness. Aging nuclear plants around the country, including Vermont Yankee in Vernon, Vt., are shutting down.

But into this bleak environment come two startups with roots at MIT hoping to revive an industry that has long struggled to make a comeback. Their technologies aim to solve issues that have bedeviled nuclear power for decades: safety, cost, and radioactive waste.

Transatomic Power, a three-person firm sharing incubator space at the Cambridge Innovation Center, is designing a reactor that would be cheaper than coal and generate electricity from spent fuel rods — aka radioactive waste — piling up in the nation’s nuclear plants. UPower Technologies is developing a miniature atomic power plant that would be cheaper and cleaner than diesel generators used in remote locations.

Despite the political, economic, .................

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The miners have started 2014 very well indeed on the back of rising gold prices, so the question is; is this the real deal or another head fake? Is the bottom really in? Could there be a final capitulation just ahead of us? Will the summer doldrums take the PMs lower?

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