Tuesday
May052020
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.
.................................................................................................................................................................................................................
May 5, 2020Thursday
Jan232020
Opponents drop effort to repeal Ohio nuclear, coal bailout | Midwest Energy News - Thursday, January 23
Thursday, January 23, 2020
|
POWER PLANTS: An effort to repeal Ohio’s bailout for nuclear and coal plants is dead after organizers drop their court appeals. (Cleveland Plain Dealer)
Thursday
Dec192019
Exelon faces class-action lawsuit amid federal investigation | Midwest Energy News
UTILITIES: Exelon faces a potential class-action lawsuit for allegedly making false and misleading statements about a federal investigation into its lobbying activities. (Chicago Sun-Times)
Friday
Dec132019
Amid Exelon controversy, bill surfaces to repeal 2016 nuke bailout
In response to a federal investigation into Exelon’s and ComEd’s lobbying activities, Illinois lawmakers introduce legislation to revoke ratepayer bailouts for two Exelon nuclear plants. (Crain’s Chicago Business)
Monday
Dec022019
Ohio Supreme Court rejects argument that power plant bailouts are a tax | Midwest Energy News
OHIO: The Ohio Supreme Court throws out FirstEnergy Solutions’ lawsuit arguing that recent legislation allowing subsidies for nuclear and coal plants can’t be subject to referendum. (Toledo Blade)