Interesting developments in reliable cheap energy

From Pierce Points:

WILL THIS TRUMP MOVE TRIGGER A COAL AND NUCLEAR BUILDING SPREE?
You probably haven’t heard about it. But one of the most critical energy developments in years is now gearing up for a major battle in America.

That’s a slate of new regulations around power pricing across the U.S. Which have been proposed by the Trump-era Department of Energy (DOE), in order to give coal and nuclear power generation a boost — opened for public comment this week.

Here’s the crux: the new DOE rules aim to ensure “reliability and resiliency” of power generation in America. By rewarding electricity producers who are able to generate continuous and steady power supply.

There are a couple of key pieces to the exact wording here. One being that electricity grid operators will be required to provide “full cost recovery” to some power-producing facilities. Specifically, those power plants that “maintain 90-day on-site fuel supplies”.

That basically means nuclear and coal-fired plants. With these solid-fuel driven facilities being the only ones that keep large fuel inventories on-site — unlike alternative generation methods like natural gas, hydro and renewables.

Very good news - it was cheap reliable energy that lifted us out of the stone age. The more we have, the better our standard of living and quality of life. Also, the more we can spread this around to developing nations and raise them up as well.

Given my druthers, I would go 100% nuclear but that is just my two cents.