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Latest Economics of new nuclear power plants Stories

2013-08-26 16:22:18

low-cost clean energy to spark economic growth and solve the climate/energy/poverty crises HANOVER, N.H., Aug. 26, 2013 /PRNewswire-iReach/ -- Liquid Fuel Nuclear Reactors, low-cost clean energy to spark economic growth and solve the climate/energy/poverty crises, is a featured presentation at the John Glenn School of Public Affairs forum on Opportunities in Nuclear Power. Speaker Dr. Robert Hargraves focuses on the importance of low-cost clean energy to undersell coal. (Photo:...

2013-08-01 16:23:31

ST. PETERSBURG, Fla., Aug. 1, 2013 /PRNewswire/ -- Duke Energy Florida today filed a revised settlement agreement with the Florida Public Service Commission (FPSC) that provides long-term clarity for Florida customers, the company and other key stakeholders. (Logo: http://photos.prnewswire.com/prnh/20130322/CL81938LOGO) Developed collaboratively with the Office of Public Counsel and other consumer advocates, the revised settlement agreement contains provisions related to the...

2013-07-16 12:22:56

In Wake of San Onofre, Crystal River, Kewaunee, Shearon Harris Shutdowns or Abandonments, Cooper to Detail Nuclear Reactors Under the Greatest Pressure to Close Down; Reactors in CA, CT, FL, IL, IA, KS, MD, MA, MI, MN, MS, MO, NE, NH, NJ, NY, OH, PA, SC, TN, TX, VT, and WI on "Most At Risk" List. WASHINGTON, July 16, 2013 /PRNewswire-USNewswire/ -- A groundbreaking new analysis to be released at 1:30 p.m. EDT Wednesday (July 17, 2013) by economic analyst Mark Cooper will show that...

2013-06-17 12:31:10

TALLAHASSEE, Fla., June 17, 2013 /PRNewswire-USNewswire/ -- Late last Friday, Florida Governor Rick Scott signed SB 1472 into law. The new law attempts to clamp down on the state's controversial nuclear cost recovery payment scheme that allows utilities to charge customers in advance for proposed new nuclear power generation. The original anti-consumer legislation, now commonly referred to as Florida's "nuclear tax," was passed by the state legislature in 2006. See related blog post here:...

2013-05-16 16:22:33

AKRON, Ohio, May 16, 2013 /PRNewswire/ -- FirstEnergy Nuclear Operating Company (FENOC), a subsidiary of FirstEnergy Corp. (NYSE: FE), announced its Perry Nuclear Power Plant in Perry, Ohio, returned to service at 1:08 p.m. today following a March 18, 2013, shutdown for refueling and maintenance. The 1,268-megawatt unit is currently operating at 21 percent power. Power levels will vary over the next several days as part of routine testing. The plant is expected to reach full power in the...

2013-05-15 12:24:26

JUNO BEACH, Fla., May 15, 2013 /PRNewswire/ -- Florida Power & Light Company's Nuclear Extended Power Uprate (EPU) project has been honored by the Nuclear Energy Institute (NEI) with two Top Industry Practice (TIP) awards for innovation and excellence. The TIP awards are the most prestigious honor in the nuclear industry, recognizing top innovators in safety, efficiency, plant performance and community relations. The awards were presented during ceremonies at NEI's annual Nuclear...

2013-04-26 16:21:05

TALLAHASSEE, Fla., April 26, 2013 /PRNewswire-USNewswire/ -- The Florida Senate today passed a bill that attempts, for the first time, to address the anti-consumer "early cost recovery" law passed in 2006 that allows the state's big power companies to shift all the financial risk of building new nuclear reactors to its customers. Senate bill 1472 adds procedural steps that require power companies seeking cost recovery from customers to show before the Florida Public Service Commission that...

2013-04-18 12:22:26

- Massive upgrade of FPL's St. Lucie and Turkey Point nuclear plants has added the equivalent of a new, medium-sized plant capable of powering more than 300,000 customers JUNO BEACH, Fla., April 18, 2013 /PRNewswire/ -- Florida Power & Light Company today announced the successful completion of a five-year, multibillion-dollar investment to upgrade its Turkey Point and St. Lucie Nuclear Power Plants, adding more than 500 new megawatts of clean energy capacity. (Logo:...

2013-03-14 12:23:03

Ratepayer-Unfriendly "Advance Cost Recovery" Financing Schemes Are Keeping "Uneconomical" Reactor Projects Alive; Warning Sounded for IA, UT, MO and Other States Toying With Advanced Cost Recovery Financing. WASHINGTON, March 14, 2013 /PRNewswire-USNewswire/ -- Saddled with an "advance cost recovery" financing arrangement that allows the nuclear industry to make them pay in advance for the construction of new reactors, electricity ratepayers in South Carolina, Florida and Georgia, are...

2013-03-12 16:21:24

New Study Focuses on "Uneconomical" Reactor Projects in FL, SC, and GA Financed by "Advance Cost Recovery" Schemes; Lessons Seen for IA, UT, MO, and Other States Toying With ACR Financing. WASHINGTON, March 12, 2013 /PRNewswire-USNewswire/ -- A report to be released at 11 a.m. EDT Thursday (March 14, 2013) by a Vermont Law School Institute for Energy and the Environment expert will show that ratepayers in three states - Georgia, Florida, and South Carolina - would be better off "eating"...