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And Eskom GM says a mild winter will go a long way to minimise load shedding The government’s plan to include nuclear and renewable sources in the energy mix could push electricity bills even higher than currently foreseen, a senior Eskom official said yesterday. The Cabinet has formally committed the country to build conventional and Pebble Bed nuclear power stations.
more from www.thetimes.co.za
A new generation of nuclear power plants is on the drawing boards in the U.S., but the projected cost is causing some sticker shock: $5 billion to $12 billion a plant, double to quadruple earlier rough estimates.
more from online.wsj.com
There is a reason Miami-Dade County in Southern Florida is the first place where America's utility industry is moving forward with new nuclear capacity in three decades. In Miami, Florida Power & Light found public officials malleable as silly putty, willing to allow a local agreement with a wink to substitute for solid facts that the public had the right to know: where the cooling water will come from at a time of chronic drought, where the water--more than 50 million gallons per day-- will go when it is evaporated, and what will its effects be on public health and the environment
more from counterpunch.com
A new generation of nuclear power plants is on the drawing boards in the U.S., but the projected cost is causing some sticker shock: $5 billion to $12 billion a plant, double to quadruple earlier rough estimates.
more from online.wsj.com
Once your power source has reached, say, 10 percent of the electricity grid, let alone 20 percent, it should be time to cut the cord to government funding.
more from gristmill.grist.org
CHICAGO — As crude oil prices leapt last week to over $120 a barrel, and one analyst suggested the price might soon reach $200, America would seem poised for a nuclear power resurgence. But enthusiasm for a nuclear future was muted at an industry conference last week in Chicago, as executives acknowledged that financial, regulatory and waste-storage hurdles have raised uncertainties about costs. Other factors increasing the expense of construction include high demand for nuclear plants among emerging countries, limited supplies of reactor parts and increased prices for iron, steel and concrete.
more from www.chron.com
ATLANTA - Georgia Power said on Wednesday that its customers' bills would rise $12 a month starting in 2018 if the utility gains state and federal approvals to build two new 1,100 megawatt nuclear reactors at Plant Vogtle near Waynesboro. That projected increase is based on the utility's $6.4 billion share of constructing the new reactors, the company said in a news release.
more from www.jacksonville.com
Georgia Power will pay approximately $6.4 billion to Westinghouse Electric to build its share of two proposed 1,100-megawatt nuclear reactors at the utility's Vogtle plant south of Augusta, the utility said Wednesday. If approved, the plants promise customers higher power bills starting in 2018 . Customers would pay an additional $12 a month on a typical 1,000 kilowatt-hour bill, the company said. That amount is expected to decline over time, the company said.
more from www.ajc.com
If you listen to the rhetoric, nuclear power is back. Smashing atoms will replace burning carbon-based coal, gas and oil. In the face of a disaster movie-like future of runaway climate change -- bringing drought, floods, famine and social breakdown -- carbon-free nukes are cast as the deus ex machina to save us at the last minute.
more from www.alternet.org
Your electric bill is likely to go up $2 a month or more next year to start paying for the new nuclear power plants that Florida Power & Light hopes to put in service in 10 or 12 years.
more from www.miamiherald.com
The Government has vastly underestimated the cost of building a new generation of nuclear power plants, according to the head of the world's largest power company. Wulf Bernotat, chairman and chief executive of E.ON, the German energy giant that owns Powergen, has told The Times that the cost per plant could be as high as €6 billion (£4.8 billion) - nearly double the Government's latest £2.8 billion estimate. His figures indicate that the cost of replacing Britain's ten nuclear power stations could reach £48 billion, excluding the cost of decommissioning ageing reactors or dealing with nuclear waste. “We are talking easily about €5 billion to €6 billion [each],” Dr Bernotat said.
more from business.timesonline.co.uk
Florida Power and Light filed with the Public Service Commission a request to recover costs incurred so far on two key nuclear projects: expansion of the power capacity at our nuclear power plants at Turkey Point and St. Lucie, and the addition of two nuclear units at the Turkey Point power plant complex. If approved by the Public Service Commission, beginning January 2009 consumer electric bills may increase by slightly more than 2 percent.
more from www.bradenton.com
Duke Energy won't have to reveal the cost estimate for a proposed nuclear plant any time in the near future, North Carolina regulators ruled Tuesday. The N.C. Utilities Commission agreed with the Charlotte electric utility that the estimated cost of a proposed nuclear plant is a "trade secret" under N.C. law. Duke Energy officials argued in a public hearing that revealing the cost estimates now would give tactical advantage to vendors and contractors during sensitive negotiations.
more from www.charlotte.com
Are you ready to pay for the next Chernobyls---in advance? Are you willing to have nuclear power prevent a solution to the climate crisis? Twenty-two years ago today, an apocalyptic cloud rose up from Unit Four, in the heart of the Ukraine. For the next few hundred generations, you and your progeny will breathe its radioactive fallout, which was thousands of times worse than that released at Hiroshima and Nagasaki.
more from www.counterpunch.org
MONTPELIER – A new twist has hit the contentious debate over how to force the owners of Vermont Yankee to assure there's enough money required for decommissioning the nuclear plant in Vernon. Documents show the owner of the Vermont Yankee nuclear plant has asked for federal permission to use the plant's decommissioning fund to pay for storage of waste rather than for taking the plant apart.
more from www.timesargus.com
As the fight over nuclear energy shifts from safety to cost, timing the announcement of a multibillion-dollar expense takes on an increasingly strategic value to both sides. The estimated cost of new nuclear power plants has tripled, with projections now hitting $6 billion to $9 billion per reactor. Cost estimates are expected to continue escalating and make new nuclear power even harder to sell to a public that will ultimately pay for new plants through rate increases.
more from www.charlotte.com
As the fight over nuclear energy shifts from safety to cost, timing the public release of the multibillion-dollar expense takes on an increasingly strategic value to both sides. The estimated cost of new nuclear power plants has tripled in the past few years, with projections now hitting $6 billion to $9 billion per reactor. Cost estimates are expected to continue escalating. Soaring costs make the prospect of new nuclear power even harder to sell to a public that will ultimately pay for new plants through rate increases.
more from www.newsobserver.com
WASHINGTON — Expansion of nuclear power was viewed as an opportunity Wednesday at a House Science and Technology Committee hearing. Gone are the days when lawmakers questioned the safety of reactor technology. Even among those for whom waste is an issue, there is a high comfort level with storing used fuel in dry casks for decades at the reactor sites such as Diablo Canyon nuclear power plant while a more comprehensive solution is studied. The only question that seemed to bother some committee members, mostly Democrats, was whether the billions of dollars in subsidies to revive nuclear plant construction was a wise use of taxpayer money.
more from www.sanluisobispo.com
CALGARY, Alberta, April 23 (Reuters) - The Alberta government has appointed a panel of scientific, business, economic experts to study the pros and cons of nuclear power as one developer considers a C$10 billion ($9.8 billion) plant amid opposition by some environmentalists.
more from www.reuters.com
DUBLIN, Ireland--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/reports/c89774) has announced the addition of "U.S. Nuclear Power Industry Analysis" to their offering. Nuclear power is a type of nuclear technology involving the controlled use of nuclear reactions, usually nuclear fission, to release energy for work including propulsion, heat, and the generation of electricity. Nuclear energy is produced by a controlled nuclear chain reaction and creates heat - which is used to boil water, produce steam, and drive a steam turbine.
more from www.businesswire.com
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