Troubles at NuScale Power, Fermi America

By Kennedy Maize -- May 12, 2026

“Energy hyperbole and the madness of crowds are evident with both NuScale Power and Fermi America. Bubbles burst.”

The most mature U.S. small modular nuclear reactor vendor — NuScale Power — and a politically connected firm planning to build perhaps the largest reactor project in the U.S. to power an enormous Texas data center — Fermi America — have both suffered recent, major, possibly existential blows. NuScale and Fermi, both publicly traded, have seen their stock value plummet amid bad financial results, questionable management decisions, and attacks by the wolves of Wall Street, short sellers, and claims of securities fraud.

NuScale Power

Oregon-based NuScale Power (NYSE:SMR) is the only advanced reactor vendor in this new market with a design approved by the U.S. Nuclear Regulatory Commission, a “first mover” advantage. It also uses the familiar and well-understood pressurized light water cooled technology, which has decades of mostly successful operation.…

Energy & Environmental Review: May 11, 2026

By <a class="post-author" href="/about#john-droz">John Droz, Jr.</a> -- May 11, 2026

This post excerpts energy and climate material from the Media Balance Newsletter, a free fortnightly published by physicist John Droz Jr., founder of the Alliance for Wise Energy Decisions. Droz is also the author of the popular Substack Critically Thinking About Select Societal Issues.

Unreliables (General):
*** Energy Expert Dr. Lars Schernikau: Wind and Solar Energy Make Electricity Expensive
*** Two Bets On The Future Of Wind Energy: Who Is Right?
*** Report: Pennsylvania’s RGGI Odyssey
RGGI “Tipping Points”
RGGI Transition Powerplants: Complex and Expensive

Wind Energy — Other:
*** Trump administration cites national security to widen clampdown on wind farms

Solar Energy:
*** Tornado Levels Billion-Dollar Solar Farm, but the Coal Plant Didn’t Flinch
Obama-backed $2.2B green energy ‘boondoggle’ leaves taxpayers on the hook

Fossil Fuel Energy:
*** Epstein: Vote NO on a backdoor expansion of the ethanol mandate
*** UAE exits OPEC and OPEC+

Miscellaneous Energy News:
Canada’s Sleepwalking into Beijing’s Arms

Manmade Global Warming — Some Deceptions:
*** Exposing The Great Green Grift
RCP8.5 is Officially Dead

Manmade Global Warming — The Science:
*** 46 IPCC Scientists Break Rank, Publicly Challenge Long-Standing Dogmatic Climate Claims
*** Another Climate Activist Trojan Horse Gets Exposed…

U.S. Fossil Fuel Environmentalism: EPA Air Quality Statistics

By Robert Bradley Jr. -- May 8, 2026

A tweet from the Institute for Energy Research (IER) shared the latest from the U.S. Environmental Protection Agency, with the comment:

From 1970 to 2023, U.S. emissions of six criteria air pollutants declined 78% while GDP grew 321% and energy consumption rose 42%—consistent with the Environmental Kuznets Curve and driven by wealth creation and market incentives rather than central planning.

This progress can be traced back to 1970:

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[1] The 1970 Clean Air Act required the U.S. Environmental Protection Agency (EPA) to establish National Ambient Air Quality Standards (NAAQS) for common pollutants, known as criteria pollutants, to protect public health. The original list of six, finalized by 1971, are Carbon Monoxide; Lead; Nitrogen Dioxide; Ozone; Particulate Matter; Sulfur Dioxide.…