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Meredith Angwin's avatar

Hi Emmet,

I also used to wonder why people like myself and Rod Adams and Howard Shaffer were defending nuclear plants, and the industry itself was overly silent. Rod helped me figure out that there is no "nuclear industry." The biggest companies in nuclear tend to be utilities that own nuclear plants. Those companies ALSO own fossil and renewable plants. So they aren't going to push nuclear. As another friend said: you don't shoot yourself in one foot to make the other foot feel better.

The startup nuclear companies don't own any other type of plant. So they can be clear advocates.

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Gene Nelson, Ph.D.'s avatar

I agree with Meredith Angwin regarding the P.R. problem for utilities with both nuclear and fossil. Constellation Energy (CEG,) the biggest owner of nuclear power plants in America owns 21 reactors. Their share price has done well The firm was spun off on January 21, 2022 at $45.00 per share. CEG closed at $178.24 on March 22, 2024 with a market capitalization of $56.44 billion. I look forward to more positive nuclear power P.R. from CEG. I will prod my CEG contact.

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