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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
Sep112019

House Bill 6 (HB6) referendum petition circulator struck by opponent in Dublin

As reported by the Columbus Dispatch.

The pro-HB6 "blocker" -- trying to defend FirstEnergy's $1.1 billion old nuclear and coal plant bailout, at the expense of Ohio ratepayers -- is captured on a security video, striking the anti-bailout petition gatherer. Her assault on him seriously damaged his cell phone, as it forcefully struck the concrete on the ground. As he tried to pick up the pieces of his broken phone, as well as a post card she had dropped on the ground as a result of her assault, she physically body blocked him. This gives a whole new -- nearly literal -- meaning to the phrase "gloves off" and "no holds barred," as FirstEnergy pulls out the stops to defend its outrageous bailout.

Tuesday
Sep102019

$2.3M spent so far on Ohio ads against nuclear subsidy referendum | Midwest Energy News

OHIO:
• The group seeking to derail a referendum on bailouts for Ohio nuclear plants has so far spent $2.3 million on an advertising blitz. (Toledo Blade)
• Advocates say Ohio is attempting to pivot from renewables and efficiency to support coal and nuclear plants as the power sector shifts to clean energy. (NPR)

Tuesday
Sep102019

SHOCKING & Wasteful Price of Nuclear Power Revealed!

Tuesday
Sep102019

Ohio nuclear bailout defenders deploy ground troops to thwart repeal effort's signature collection

Wednesday
Sep042019

SCANA Dodges Investor Suit Over Failed $9B Nuke Plant

As reported by Environmental Law360:

 

SCANA Dodges Investor Suit Over Failed $9B Nuke Plant

A SCANA Corp. shareholder suit stemming from problems with the company's $9 billion nuclear reactor project can't proceed, a South Carolina federal judge ruled Tuesday, saying the company's recent merger blocks the claims.