Sunday
Jun302019
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 June 1, 2019 - June 30, 2019
June 30, 2019Wednesday
Jun262019
Updates on Ohio old reactor subsidy fight
- Cleveland.com - Ohio Senate panel rolls back proposed nuclear plant subsidies - By Jeremy Pelzer
- WOSU Public Media - Foes Pledge Ballot Fight If Ohio Bails Out Nuclear Plants: 'We Will Kill This Thing' - By John Seewer
Wednesday
Jun262019
The latest news from Ohio from the nuclear bailout war
As reported by Midwest Energy News:
NUCLEAR: Ohio Senate Republicans move quickly to draft a substitute bill to support two nuclear plants before lawmakers break for the summer. (Utility Dive, Toledo Blade)
Tuesday
Jun252019
How (un)profitable are Ohio’s two nuclear plants? FirstEnergy Solutions says it can’t tell the public
As reported by Midwest Energy News:
NUCLEAR: FirstEnergy says it can’t disclose to lawmakers or the public the unprofitability of two nuclear plants due to ongoing bankruptcy proceedings. (Cleveland Plain Dealer)
And yet, it wants those Ohio state legislators to approve a massive public bailout for FirstEnergy's dangerously age-degraded Davis-Besse and Perry atomic reactors.
