Physical Economy and Technology Report for August 29, 2024

In today's report, we highlight the fight for baseload electrical power, the Polaris Dawn flight, and the Starliner test flight. We take a tour with Jeff Bezos of his New Glenn rocket factory, and we present an interview with the people who brought RFK and President Trump together.

Physical Economy and Technology Report for August 29, 2024
The Palisades nuclear power plant in Michigan during its first lifetime. It is now closed, but will reopen in October of 2025. Photo: NRC

Posts in today's report:

  • Bootlegger Turn on Nuclear Power: Closed Plants to Reopen
  • TVA Approves More Funding for Small Modular Reactor (SMR) Project
  • Biden Administration's Rules on Carbon Capture for Coal Plants Threaten the Grid
  • Polaris Dawn Mission to Launch
  • NASA Decides to Bring the Starliner Back Uncrewed
  • Jeff Bezos Gives a Tour of His New Glenn Rocket Factory
  • The Pharma/Food/Insurance Blob That Brought RFK and Trump Together
  • American Birthrate Has Fallen by Nearly 23% Since 2007

Bootlegger Turn on Nuclear Power: Closed Plants to Reopen

For those environmentalists who were simply confused or manipulated and not consciously a part of the British Imperial plan to send civilization back to the "good 'ol days of feudalism," the fact that the "Green Transition" will never work has begun to become apparent. Pressure to reopen closed power plants is growing. The first decommissioned nuclear plant to be reopened will be the Palisades nuclear plant in Michigan, now planned to reopen in late 2025. A $2 billion financing package has been put together by the state and federal governments to enable reopening. There are 22 other plants in the process of decommissioning in the United States. As reality dawns on people, and President Trump's economic policies accelerate demand, more and more plants will be recommissioned. And, the new owner of the Palisades plant has plans: new reactors (large and small) will be added at the existing sites.

Palisades nuclear plant could restart in August 2025
The latest update came during a Congressional hearing this week.

TVA Approves More Funding for Small Modular Reactor (SMR) Project

The Tennessee Valley Authority has now approved $350 million for a small modular reactor project at its Clinch River site near Oak Ridge, TN. TVA is investing in GE Hitachi's BWRX-300 SMR, a 300 MWe water-cooled, natural circulation reactor. The region's population is growing three times faster than the national average, so TVA is investing $16 billion through FY27 to build new generation capacity and infrastructure.

TVA approves more funding for advanced nuclear reactors
TVA has now approved a total of $350 million for a potential small modular reactor project at its Clinch River site near Oak Ridge, Tennessee.

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