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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
Jul242019

Ohio Law Bails Out Nuclear Power Plants

Ratepayers will see an additional monthly fee until 2027.

Coverage by AP.

Wednesday
Jul242019

Think tank: Nuclear plants' bankrupt owner spent heavily for bailout

Tuesday
Jul232019

Nuclear bailout bill passes Ohio legislature, signed by Gov. Mike DeWine

Tuesday
Jul232019

Ohio Passes Controversial Bill to Bail Out Nuclear and Coal Plants 

House Bill 6 passed amid broad opposition, propping up bankrupt FirstEnergy Solutions’ nuclear plants while undercutting renewables.

As reported by Green Tech Media.

Tuesday
Jul232019

Nuclear bailout bill is signed into law despite flaws. Here are some of the Northeast Ohio legislators to blame