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« Davis-Besse's attempted $3 billion ratepayer robbery hearings before the PUCO postponed yet again! | Main | Battles against nuclear utility mega-money grabs intensify »
Thursday
Jun182015

COOPER: "NUCLEAR WAR AGAINST THE FUTURE" MAY DELAY … BUT WILL NOT STOP … THE RISE OF RENEWABLES, ENERGY EFFICIENCY, AND 21ST CENTURY TECHNOLOGY

Dr. Mark Cooper, senior fellow for economic analysis, Institute for Energy and the Environment Vermont Law SchoolAs posted by the Hastings Group:

Expert: Pandering to Nuclear in EPA Clean Power Plan, IL and NY Bailouts of Exelon, and FirstEnergy Reactor Prop-up Plan in OH, Only Postpone the Transformation of the Electricity Sector… at Considerable Expense to Ratepayers.

WASHINGTON, D.C. – June 17, 2015 – The 20th Century model of large baseload electricity generation, including nuclear reactors, is in an irreversible decline in the face of the emerging 21st Century decentralized power model relying on renewables, energy efficiency, and technology-based demand management, according to a new report by Mark Cooper, senior fellow for economic analysis, Institute for Energy and the Environment, Vermont Law School.

The Cooper report, "Power Shift: The Deployment of a 21st Century Electricity Sector and the Nuclear War to Stop It," is available online at
http://www-assets.vermontlaw.edu/Assets/iee/Power_Shift_Mark_Cooper_June_2015.PDF.

For policymakers and ratepayers, Cooper's stark conclusion means that last-ditch efforts to prop-up nuclear power with amendments to the EPA Clean Power Plan, state-level subsidies (e.g., Exelon's "nuclear blackmail" threat of Illinois lawmakers over five reactors in that state and FirstEnergy's bailout scheme involving the Davis-Besse reactor in Ohio), attacks in Indiana, Ohio, Nevada, North Carolina and other states on renewable energy standards, and preferential rate-setting arrangements (e.g., Exelon's Ginna reactor at Rochester, New York) are costly detours on the road to a much more consumer friendly, reliable and sustainable low carbon electricity sector … (more) …

To read the full 06/17/15 news release, click here.
To read the new "Power Shift" report, click here.
To listen to streaming audio of the 06/17/15 news event, click here. (Available after 4 p.m. EDT on 06/17/15.)

MEDIA CONTACT: Alex Frank, (703) 276-3264 or afrank@hastingsgroup.com.