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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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Entries from January 1, 2021 - January 31, 2021

Thursday
Jan072021

Giveaways to the nuclear industry in the 2021 Consolidated Appropriations Act

Consolidated Appropriations Act, 2021 (5,593 pages long)

Title II--Nuclear (beginning at Page 3,288 -- all page numbers given are of 5,593 pages, as indicated on the PDF counter)

Sec. 2001, Advanced Nuclear Fuel: more than $174 million (Page 3,301);

Sec. 2003, Nuclear Energy Research, Development, Demonstration, and Commercial Application Programs (Page 3,304);

(a) Sustainability Program for Light Water Reactors: $55 million (Page 3,305);

(b) Advanced Reactor Technologies: $55 million (Page 3,310);

(c) Nuclear Integrated Energy Systems Research, Development, Demonstration, and Commercial Application Program: $160 million (Page 3,312);

Fuel Cycle Research and Development: $300 million (Page 3,314);

(b) Advanced Fuels: $625 million (Page 3,316);

Nuclear Science and Engineering Support: $100 million (Page 3,318);

Nuclear Energy Graduate Traineeship Subprogram: $25 million (Page 3,319);

University Nuclear Leadership Program: $45 million (Page 3,322);

Nuclear Energy Research Infrastructure: $2.286 billion (billion with a B, Page 3,323);

Advanced Reactor Demonstration Program: $2.14 billion (billion with a B, Page 3,331 to Page 3,332);

Sec. 2008, Fusion Energy Research: $125 million (Page 3,346);

Innovation Network for Fusion Energy: $250 million (Page 3,349);

Milestone-Based Development Program: $325 million (Page 3,353 to Page 3,354);

ITER [Fusion] International Collaboration: $4.7 billion (billion with a B, Page 3,357);

ITER Construction: $1.498 billion (billion with a B, Page 3,358).