GasBuddy News Article

votes

Exelon's 'Nuclear Guy': No New Nukes

Forbes -- Nuclear power is no longer an economically viable source of new energy in the United States, the freshly-retired CEO of Exelon, America’s largest producer of nuclear power, said in Chicago Thursday.

And it won’t become economically viable, he said, for the forseeable future.

“Let me state unequivocably that I’ve never met a nuclear plant I didn’t like,” said John Rowe, who retired 17 days ago as chairman and CEO of Exelon Corporation, which operates 22 nuclear power plants, more than any other utility in the United States.

“Having said that, let me also state unequivocably that new ones don’t make any sense right now.”

Read the Full Article

Submitted Apr 10, 2012 By: eromitlab

Back To News

Category: Daily News Article Discussions > Topics	Add to favorite topics

Author	Topic: Exelon's 'Nuclear Guy': No New Nukes	Post a Reply Back to Topics

REPLIES (newest first)Ignore Short Messages

52MPG Champion Author Dayton Posts:7,277 Points:1,744,630 Joined:Apr 2006	Message Posted: Apr 11, 2012 12:00:30 AM Ignore 52MPG Report Abuse "“Let me state unequivocably that I’ve never met a nuclear plant I didn’t like,” said John Rowe" How about the Japan plants that blew up?
MontanaMac Champion Author Washington Posts:1,736 Points:410,050 Joined:May 2011	Message Posted: Apr 10, 2012 6:30:43 AM Ignore MontanaMac Report Abuse Thorium reactors change the game. @joeski - you sound confused.....
GingoutMD Champion Author Maryland Posts:3,495 Points:713,305 Joined:Jan 2010	Message Posted: Apr 10, 2012 6:21:26 AM Ignore GingoutMD Report Abuse Nuclear energy built and operated in the way of the 1970's is not feasible due to the large construction costs. In addition, the Feds are idiots (once again) for not having selected and built a nuclear waste storage facility to centralize the waste (such as Yucca Mountain). However, there have been many newer designs that reduce the size and make the nuclear power plants more of a local supplier of electricity as opposed to simply adding juice to "the Grid." If localities get their power from a local source, they pull less from "The Grid" and thereby lessen the overall load.
dgerst Champion Author South Carolina Posts:2,721 Points:558,725 Joined:Aug 2008	Message Posted: Apr 10, 2012 6:19:33 AM Ignore dgerst Report Abuse New ones do not make any sense right now.
dorisntx Champion Author Fort Worth Posts:2,079 Points:647,355 Joined:Apr 2011	Message Posted: Apr 10, 2012 6:14:29 AM Ignore dorisntx Report Abuse ok
Joeski1 Champion Author New Jersey Posts:10,017 Points:1,744,760 Joined:Dec 2004	Message Posted: Apr 10, 2012 6:10:43 AM Ignore Joeski1 Report Abuse Woe to the fossil foolers! 1000's of tons of spent nuke waste with no solution for storage or disposal. Woe to the fossil foolers : radiation leaking into the sea of japan, chernoybel and the 3 mile island scare. Woe to the fossil foolers! We can frack our way out of this! Mix the fracking fliuds with the nuke waste and run the usa on that!
northeast2 Champion Author New York Posts:3,849 Points:1,007,200 Joined:Mar 2008	Message Posted: Apr 10, 2012 6:00:43 AM Ignore northeast2 Report Abuse “I’m the nuclear guy,” Rowe said. “And you won’t get better results with nuclear. It just isn’t economic, and it’s not economic within a foreseeable time frame.” Then let's get going on the natural gas.
coughlin Champion Author San Jose Posts:5,195 Points:1,120,565 Joined:Sep 2009	Message Posted: Apr 10, 2012 5:58:00 AM Ignore coughlin Report Abuse That's IT! Nuclear powered cars!
Sneakers55 Champion Author Houston Posts:51,375 Points:2,146,335 Joined:Nov 2005	Message Posted: Apr 10, 2012 5:48:38 AM Ignore Sneakers55 Report Abuse On Apr 10, 2012 6:30:52 AM, doeslayersr wrote: >He needs to resume taking his medications or see his doctor >and have his dosages checked. Anybody who would invest in nuclear power here and now needs their meds adjusted. The startup costs are just too expensive.
cdrrod Champion Author Wisconsin Posts:4,169 Points:786,700 Joined:Feb 2006	Message Posted: Apr 10, 2012 5:45:34 AM Ignore cdrrod Report Abuse Words of wisdom....
2khawk Champion Author Iowa Posts:5,276 Points:930,950 Joined:Oct 2010	Message Posted: Apr 10, 2012 5:43:40 AM Ignore 2khawk Report Abuse Nuclear energy is better than most other forms of electricity production.
doeslayersr Champion Author Illinois Posts:9,133 Points:874,930 Joined:Dec 2010	Message Posted: Apr 10, 2012 5:30:52 AM Ignore doeslayersr Report Abuse He needs to resume taking his medications or see his doctor and have his dosages checked.
WeasleyOC Champion Author Orange County Posts:3,164 Points:805,250 Joined:Jul 2008	Message Posted: Apr 10, 2012 5:09:17 AM Ignore WeasleyOC Report Abuse Lower fossil fuel and more regulation after Finishing, it will not be economically feasible.
Rockyguitar Champion Author Tampa Posts:2,577 Points:1,205,495 Joined:Sep 2008	Message Posted: Apr 10, 2012 5:01:55 AM Ignore Rockyguitar Report Abuse "New ones don't make any sense right now." Gubment red tape must factor into that. Now California may be an exception because of the fault lines there, but most other areas are "safe." Japan's problem was they ignored some safety precautions.
molebaby96 Champion Author Tallahassee Posts:2,126 Points:507,640 Joined:Nov 2011	Message Posted: Apr 10, 2012 4:59:33 AM Ignore molebaby96 Report Abuse Obama approved the building of a new Nuclear Plant near the coast in S.C.
Chem60 Champion Author Tallahassee Posts:3,837 Points:816,725 Joined:Oct 2010	Message Posted: Apr 10, 2012 4:43:23 AM Ignore Chem60 Report Abuse I wish more of his comments were printed.
farmboyTN Champion Author Tennessee Posts:2,277 Points:451,485 Joined:Feb 2012	Message Posted: Apr 10, 2012 4:17:39 AM Ignore farmboyTN Report Abuse OK
yardslave Champion Author Oklahoma City Posts:2,570 Points:599,730 Joined:Dec 2005	Message Posted: Apr 10, 2012 4:09:42 AM Ignore yardslave Report Abuse Ok
kuma2000 Champion Author Honolulu Posts:3,238 Points:677,075 Joined:Jun 2011	Message Posted: Apr 10, 2012 4:06:21 AM Ignore kuma2000 Report Abuse okay
1momsunshine Champion Author Ottawa Posts:5,505 Points:1,003,505 Joined:Mar 2010	Message Posted: Apr 10, 2012 3:48:17 AM Ignore 1momsunshine Report Abuse ok
djgunrunner Champion Author Salt Lake City Posts:10,114 Points:2,351,530 Joined:Apr 2005	Message Posted: Apr 10, 2012 2:33:08 AM Ignore djgunrunner Report Abuse Obama would use Nuclear before Natural Gas because he does not want to use Natural Gas for reasons known to himself. If he had wanted to us Natural Gas we would have Natural Gas vehicles on the road in much greater numbers and the East Coast would be using it instead of Fuel Oil.
RonTheRunner77 Veteran Author Michigan Posts:343 Points:119,115 Joined:Dec 2011	Message Posted: Apr 10, 2012 2:18:59 AM Ignore RonTheRunner77 Report Abuse Nuclear power has a lot of advantages, it also has a lot of downside. If things go wrong in a Nuclear power plant the price can be high. Look at what happened in Japan and Russia, areas uninhabitable for decades.
Tehbob Champion Author California Posts:2,311 Points:460,530 Joined:Jan 2012	Message Posted: Apr 10, 2012 1:28:34 AM Ignore Tehbob Report Abuse uhh huh