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Latest Economics of new nuclear power plants Stories

2011-12-28 10:00:00

Give Long-Term Uncontrollable Costs and Short-Term Pressure from Needed Post-Fukushima Safety Regulations, Nuclear Reactors Even Less Able to Take on Natural Gas, Other Alternatives WASHINGTON, Dec. 28, 2011 /PRNewswire-USNewswire/ -- With the Fukushima disaster, earthquake-related reactor shutdowns, further reactor project cost escalation, infighting at the Nuclear Regulatory Commission (NRC), and cheap natural gas, 2011 was a year the nuclear power industry would prefer to get...

2011-12-22 11:18:00

WASHINGTON, Dec. 22, 2011 /PRNewswire-USNewswire/ -- The U.S. Nuclear Regulatory Commission (NRC) announced today that it has certified the design of Westinghouse Electric Co.'s AP1000 reactor. The design certification confirms the AP1000 reactor's ability to operate safely. It caps years of rigorous regulatory analysis that most recently focused on design enhancements to address aircraft impacts. The design certification is independent of a specific site or an application to construct or...

2011-06-09 12:30:00

Only Limited Government-Guaranteed Reactors Already Underway Seen Possibly Advancing in the Short Term, As Low Gas Prices, Tighter Safety Regulation and Skyrocketing Reactor Costs Effectively Doom Further Industry Expansion. WASHINGTON, June 9, 2011 /PRNewswire-USNewswire/ -- Even as Germany, Japan, Switzerland and other nations move to abandon existing and planned nuclear reactors, the United States is on a path to see at best only a small handful of already planned, government-backed...

2010-09-09 12:30:00

Cooper Analysis Shows French Approach Touted by Some For U.S. Reactor Build-Up Is a Failed Model; U.S. Wind & Solar Industries Would Suffer Under Embrace of "French Nuclear Socialism." SOUTH ROYALTON, Vt., Sept. 9 /PRNewswire-USNewswire/ -- The so-called "French nuclear miracle" embraced by some U.S. policymakers as a model for this nation is a misconception masking a pattern of fast-rising nuclear reactor construction costs and a "crowding out" of investments in renewable energy,...

2010-08-19 12:30:00

Prospects for New Nuclear Reactors in State Now Worse Than Ever, Industry Should Not Be Allowed to Waste $200 Million More in Customer Money Tuesday Marks Start of PSC Hearings on FPL and Progress Requests for Unjustifiable 'Nuclear Cost Recovery' That Would Push Bill For Utility Consumers to Nearly $500 Million For Nuclear Reactors That Are Not Needed... and Very Likely Will Never Be Built TALLAHASSEE, Fla., Aug. 19 /PRNewswire-USNewswire/ -- When the Florida Public Service Commission...

2010-04-30 09:45:00

ST. PETERSBURG, Fla., April 30 /PRNewswire-FirstCall/ -- Progress Energy Florida customers will see lower nuclear costs on their 2011 bills, according to the company's nuclear cost-recovery estimates filed today with the Florida Public Service Commission (PSC). The reduction is due to a decision by the company to postpone major construction activities on the proposed Levy County nuclear project until after the federal licensing is complete, which will lower near-term costs for customers....

2009-12-30 12:37:00

Nuclear Power Industry is Perfect Illustration of Why Taxpayers Are Saying "No More Bailouts!" - Billions for Plant Vogtle Reactors Impossible to Justify in Terms of Rising Financial Risks, Reduced Demand for Power, Cheaper Renewables and Huge Potential of Energy Efficiency ATLANTA, Dec. 30 /PRNewswire-USNewswire/ -- First it was insurance companies, then it was banks and that was followed by auto companies. Now, the federal government is putting U.S. taxpayers and utility customers at...

2009-12-16 10:10:00

Rejection by Private Financing, Skyrocketing Cost Projections, Falling Demand, and Faulty Reactor Designs Can't Be Solved With U.S. Shifting to "Nuclear Socialism" to Bail Out Industry. WASHINGTON, Dec. 16 /PRNewswire-USNewswire/ -- The beleaguered nuclear power industry is now the "public option" of U.S. energy, unable to move forward without a bailout in the form of taxpayer-backed loan guarantees involving a high risk of default. Citing three recent negative developments for the nuclear...

2009-10-29 12:48:00

NEW YORK, Oct. 29 /PRNewswire/ -- Reportlinker.com announces that a new market research report is available in its catalogue. The Future of the Power Industry- Nuclear's Role in the Energy Mix http://www.reportlinker.com/p0156619/The-Future-of-the-Power-Industry--Nuclear's-Role-in-the-Energy-Mix.html#utm_source=prnewswire&utm_medium=pr&utm_campaign=prnewswire Summary This new report on "The Future of the Power Industry: Nuclear's role in the energy mix" focuses on the future...

2009-09-30 11:00:00

Higher Costs, Pollution and Proliferation Dangers if Congress Opens Door to Reprocessing MINNEAPOLIS, Sept. 30 /PRNewswire-USNewswire/ -- Minnesota's Congressional delegation is hearing today from a diverse group of 16 Minnesota organizations -- including Clean Water Action, Environment Minnesota, Sierra Club North Star Chapter and the Minnesota Peace Project -- that strongly oppose any effort to open the door to the reprocessing of radioactive waste from Prairie Island and other...