Electricity costs would rise 50 percent if Progress Energy is allowed to add two reactors at the Shearon Harris site in Wake County, according to a report by the N.C. Waste Awareness and Reduction Network.
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In a news conference Tuesday, the Durham advocacy group said that the typical residential bill would balloon from $100 a month to at least $150 a month if Raleigh-based Progress builds the two reactors for which it's seeking federal licenses.
Energy Net on 10 May 10"With Shell Oil's recent withdrawal of a water right permit application to divert 375 cubic feet per second of water from the Yampa River in northwest Colorado, one would get the impression that the bubble has finally burst on mass scale, traditional energy development in the West and that the oil industry has finally come to terms with the impact of traditional energy development on rapidly diminishing water resources. Not so in Utah. While recently briefing the Utah Board of Oil, Gas and Mining, Dr. Laura Nelson, vice president of the Salt Lake City-based Ecoshale, for example, proclaimed that the company just completed a pilot project that produced a high-quality oil-shale product and, "we did so working closely with the Environmental Protection Agency to make an environmentally sensitive product." Similarly, the National Commission on Energy Policy - a bipartisan group of energy experts - recently stated that climate change legislation currently being considered by Congress must also spur more domestic energy production by extending the production tax credit for new reactors through 2025 and expanding the renewable energy standard to include nuclear."