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Advanced Energy Economy CEO Graham Richard commented today on the release of more details around President Obama’s proposed energy security trust, which would provide $2 billion over 10 years for advanced energy research:

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Transatomic Power is developing a nuclear reactor that could cut the cost of a nuclear power plant by as much as 50%. The reactor would be an "updated" molten-salt reactor, which are resistant to meltdowns. First demonstrated in the 1960s, the technology has never been widely used. The small reactor would be assembled in a factory rather than on-site. Technology Review points out its potential for cost-savings:

San Jose Mercury News // Mar 08, 2013

San Francisco Chronicle // Mar 07, 2013

Executives Praise State’s Commitment to Advanced Energy, Recommend Strategies to Accelerate Growth and Economic Benefits  

Advanced Energy Economy // Mar 05, 2013

Offshore wind was in the news this week, as Massachusetts’ flagship project, Cape Wind, welcomed a Japanese bank as its lead lender. Also, development has begun on Cape Wind’s port facilities. Three bidders met the February 15thproposal deadline for the terminal, which will eventually be a 28-acre facility able to support both merchant shipping and offshore wind construction. The facility is being built larger than current needs dictate to prepare for future innovations in wind technology.

Following last week’s dust up between Tesla CEO Elon Musk and John Broder of the New York Times, several reporters from other news organizations and Tesla enthusiasts recreated Broder’s ill-fated trip between Washington, D.C. and Boston. Peter Valpes-Dapena, writing for CNN Money, took the trip successfully, though “not without some anxiety” that he too would need rescue from a tow truck. “In the end, I made it,” he writes, “and it wasn’t that hard.”

The biggest sporting event of the year, the Super Bowl, also became an energy event when the Mercedes-Benz Superdome lost power for 34 minutes, just after Beyonce’s electric halftime performance. Although the cause of the power outage remains unclear, that hasn’t slowed down the reaction and commentary.