| News about the nuclear technologies industry |  |
| News Roundup |  |  |
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- Fertel: U.S., Southern are said to be near loan guarantee agreement
Southern Co. and the Department of Energy reportedly are nearing the completion of a loan guarantee agreement that would support Southern's reactor expansion project at its Plant Vogtle facility in Georgia, said Marvin Fertel, president and CEO of the Nuclear Energy Institute. The two parties struck a preliminary deal three years ago on an $8.33 billion guarantee, but a deal has not been finalized. Southern thinks the issues hindering an agreement aren't "insurmountable," Fertel said. Fox Business/Dow Jones Newswires
(2/14)      
- Firms are addressing concrete delays in reactor projects, execs say
Westinghouse Electric and South Carolina Electric & Gas are addressing delays in pouring the concrete for the foundation of reactors that are being constructed in South Carolina and Georgia, company executives said. The pouring has been postponed for months. "We have a high degree of confidence that when we get by some of these technical issues up front, the project teams will be able to execute and they'll get the construction done," said Stephen Byrne, SCE&G's chief operating officer. Platts
(2/14)
- Nuclear is more consistent than wind, gas, says Westinghouse CEO
 The U.S. needs an energy source with reliability that only nuclear energy can provide, said Westinghouse Electric President and CEO Daniel Roderick. Natural gas prices are not likely to remain low, as any commodity is subject to volatility, but nuclear stays constant, he said. While there may be a push for wind energy in the U.S., the wind doesn't blow all the time, so a more stable energy source is needed to meet demand, he said. Fox Business
(2/14)
| Management & Leadership | | |
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- Leadership is about bringing dreams together
Good leadership is about hiring the right people, then mentoring them "in a way that marries their accomplishing their dreams with our company accomplishing its dreams," says Lawrence F. Flick IV, chairman and CEO of Prudential Fox & Roach and The Trident Group. To accomplish that, leaders must learn to "connect the dots and create a vision," Flick says. PassionOnPurposeBlog.com
(2/11)
- Manage your talent like a sports team, says former Tyco CEO
Successful sports teams usually have a balanced roster of committed and talented players, says former Tyco International CEO Edward Breen. That's the same approach leaders should take in running their companies, Breen explains. "There's no one individual going to make a company. So I always want to put people around me who I think are better than me, who will challenge me," he says. Knowledge@Wharton
(2/13)
| International | | |
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- Japan regulator to carry out inspections at Fukushima Daiichi plant
An on-site inspection of Tokyo Electric Power's Fukushima Daiichi nuclear plant will proceed, according to Japan's Nuclear Regulation Authority. A regulatory panel was prevented from inspecting the site after TEPCO supplied false information about conditions at the plant. "We need to conduct an inspection while looking at a decline in the radiation levels inside the reactor building," said NRA Chairman Shunichi Tanaka. The Mainichi (Japan)
(2/14)
- Hollande: France respects India's civil nuclear liability law
France finds no issues with India's civil nuclear liability law, said French President Francois Hollande. "It is the sovereign decision of a country that has witnessed catastrophes like the Bhopal gas tragedy. Civil nuclear energy is an answer, and it also helps cut down on greenhouse gas emissions and strengthen energy security," Hollande said. The Times of India
(2/15)
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