Top
BEYOND NUCLEAR PUBLICATIONS

The Nuclear Retreat

We coined the term, "Nuclear Retreat" here at Beyond Nuclear to counter the nuclear industry's preposterous "nuclear renaissance" propaganda campaign. You've probably seen "Nuclear Retreat" picked up elsewhere and no wonder - the alleged nuclear revival so far looks more like a lot of running away. On this page we will keep tabs on every latest nuclear retreat as more and more proposed new nuclear programs are canceled.

.................................................................................................................................................................................................................

Entries from January 1, 2014 - January 31, 2014

Tuesday
Jan212014

Indiana Senator drops nuclear incentives bill

From IndyStar: Nuclear power plants won’t be coming to Indiana any time soon, after all. A key state senator has pulled his bill that would have provided financial incentives to utilities to build nuclear plants. Sen. James Merritt, R-Indianapolis confirmed today he won’t hold hearings on his bill this session, and said construction of a nuclear plant is “probably more than a decade away.”

Another attempt at implementing Construction Work In Progress (CWIP) mercifully fails. CWIP fleeces ratepayers in advance, charging them for a nuclear power plant that may never be built. If built, it removes the financial burden of construction from the reactor owners. The upfront construction costs are one of the major deterrents to nuclear expansion and are usually only overcome at ratepayer expense. However, what makes the abandonment of this CWIP bill most interesting is that it was because of lack of interest from utilities who don't want to build uneconomical nuclear plants even if ratepayers front the construction costs.

DateJanuary 21, 2014 | Print ArticlePrint Article |