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ARTICLE ARCHIVE

Nuclear Costs

Estimates for new reactor construction costs continue to sky-rocket. Conservative estimates range between $6 and $12 billion per reactor but Standard & Poor's predicts a continued rise. The nuclear power industry is lobbying for heavy federal subsidization including unlimited loan guarantees but the Congressional Budget Office predicts the risk of default will be well over 50 percent, leaving taxpayers to foot the bill. Beyond Nuclear opposes taxpayer and ratepayer subsidies for the nuclear energy industry.

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Wednesday
Jun122019

"No Nuclear Power or House Bill 6" -- Connie Kline, op-ed in Port Clinton (Ohio) News-Herald

Thursday
Jun062019

Costs of FirstEnergy nuclear bailout bill could exceed out-of-pocket subsidies

Wednesday
Jun052019

Are Ohio’s two nuclear power plants profitable? Depends who you ask

As reported at Midwest Energy News and several Ohio newspapers:

OHIO: State lawmakers receive conflicting testimony about whether FirstEnergy’s nuclear plants are profitable. (Cleveland Plain Dealer)

ALSO:
• Lawmakers will likely have to decide by the end of the month whether to provide subsidies for the two plants. (Toledo Blade)
• Bowling Green’s city council opposes the nuclear bailout bill, saying it could cost the city hundreds of thousands of dollars. (Bowling Green Sentinel-Tribune)

Monday
Jun032019

Bill that would rescue nuclear plants drawing protests across northern Ohio

Monday
Jun032019

Ohio’s Nuclear Bailout Plan Balloons to Embrace Coal (while Killing Renewable Energy Rules)

As reported by Midwest Energy News:

OHIO:
• Environmental groups say Ohio is moving at an “unprecedented and troubling direction” with a bill to support nuclear and coal plants while weakening clean energy policies. (InsideClimate News)
• Opponents plan to rally against the bill today in Toledo. (Toledo Blade)