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Energy Net

High Point Nuclear Power Costs To Rise - 0 views

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    "High Point expects to see a 4.9 percent wholesale electric rate increase from North Carolina Municipal Power Agency Number 1 in June, and customers of the city's municipal electric service will likely see a corresponding rate increase on their July bills, although the High Point City Council has not yet set the retail rate. There may not be a city in North Carolina with more short-term problems than High Point: the collapse of its manufacturing industry, threats to its signature furniture market, 11.9 percent unemployment. But the City of High Point has also come up on the winning side of some long-term bets in infrastructure and energy that leave it with a competitive advantage over other cities. "
Energy Net

SC utility seeks nuclear plant related rate hike - BusinessWeek - 0 views

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    "South Carolina's largest investor-owned utility plans to increase electric rates 2.73 percent to help pay financing costs for two nuclear reactors it plans to build. South Carolina Electric & Gas Co., a subsidiary of Scana Corp., said in a news release Friday that the rate increase, set to take effect in October, will add about $3.33 to the monthly bill of a customer using 1,000 kilowatt hours of electricity each month. The increase must be approved by state utility regulators."
Energy Net

Nuclear power: The consumer always pays | Environment | The Guardian - 0 views

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    Model for new UK reactors reveals damaging disagreements between Finland and French contractors From the outside, there is nothing unusual about the warehouse by the offices on Finland's Olkiluoto island, site of what should have been the world's first modern nuclear reactor. But inside, stacked on five kilometres of shelving, are 160,000 documents. "If a valve for the reactor is changed, it comes in a small box and a van full of documents," complains Jouni Silvennoinen, project director for Teollisuuden Voima (TVO), the Finnish utility that ordered the plant from the Franco-German consortium Areva-Siemens. The paper mountain helps explain why the reactor, which should have cost €3bn (£2.72bn) and been working this year, will now miss its revised completion date of mid-2012 and will cost at least €5.3bn. In the latest delay, Finland's nuclear safety regulator halted welding on the reactor last week and criticised poor oversight by the sub-contractor, supplier and TVO.
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    Model for new UK reactors reveals damaging disagreements between Finland and French contractors From the outside, there is nothing unusual about the warehouse by the offices on Finland's Olkiluoto island, site of what should have been the world's first modern nuclear reactor. But inside, stacked on five kilometres of shelving, are 160,000 documents. "If a valve for the reactor is changed, it comes in a small box and a van full of documents," complains Jouni Silvennoinen, project director for Teollisuuden Voima (TVO), the Finnish utility that ordered the plant from the Franco-German consortium Areva-Siemens. The paper mountain helps explain why the reactor, which should have cost €3bn (£2.72bn) and been working this year, will now miss its revised completion date of mid-2012 and will cost at least €5.3bn. In the latest delay, Finland's nuclear safety regulator halted welding on the reactor last week and criticised poor oversight by the sub-contractor, supplier and TVO.
Energy Net

EDF Energy wants Britain to fix the market if it builds nuclear plants - Times Online - 0 views

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    British families could be forced to pay up to £227 extra on their annual energy bills to help to fund a new generation of nuclear power stations under plans proposed by the French company expected to build most of them. EDF Energy, which wants to build four reactors in Britain at a cost of about £20 billion, was accused of holding the Government to ransom last night, after an executive told The Times that none would be built unless the Government agreed to underwrite part of the cost. Speaking before a government announcement on Britain's energy future on Monday, Humphrey Cadoux-Hudson, managing director of EDF Energy's new nuclear business in Britain, said the nuclear programme would proceed only if the Government ensured that consumers paid more for electricity from fossil fuels, such as coal and gas, which is cheaper but produces more greenhouse gas, making nuclear more competitive.
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    British families could be forced to pay up to £227 extra on their annual energy bills to help to fund a new generation of nuclear power stations under plans proposed by the French company expected to build most of them. EDF Energy, which wants to build four reactors in Britain at a cost of about £20 billion, was accused of holding the Government to ransom last night, after an executive told The Times that none would be built unless the Government agreed to underwrite part of the cost. Speaking before a government announcement on Britain's energy future on Monday, Humphrey Cadoux-Hudson, managing director of EDF Energy's new nuclear business in Britain, said the nuclear programme would proceed only if the Government ensured that consumers paid more for electricity from fossil fuels, such as coal and gas, which is cheaper but produces more greenhouse gas, making nuclear more competitive.
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