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.



Why won't New York show details of $35M deal with FitzPatrick nuke owner?

As reported at, New York State agencies are dragging their heels, despite a Freedom of Information Law (FOIL) request, to disclose the details of a state pledge to Entergy to pay the nuclear utility a $35 fine of sorts, if approval of license transfer to Exelon, and a huge bailout, haven't been finalized by Nov. 18th.

Entergy's had announced last year that its FitzPatrick atomic reactor on the Lake Ontario shore -- an age-degraded Fukushima twin design -- would be close in early 2017.

But then Cuomo offered to bailout FitzPatrick, at ratepayer expense -- part of a $7.6 billion nuclear "tax" foisted on electricity consumers' bills throughout the state (even regions that do not get electricity from them), to prop up several failing reactors in upstate NY.

Once the bailout was secured, Exelon expressed its desire to buy FitzPatrick for pennies on the dollar, for a total amount of just $110 million.


Groups: Cuomo to hike LI utility rates to aid upstate [reactors]

A coalition of environmental, public interest, and ratepayer organizations has warned that Governor Andrew Cuomo's bailout of age-degraded upstate atomic reactors will burden Long Island ratepayers on their electric bills, Newsday reports.


PowerMag: Illinois Nuke Rescue Package is Alive but Sketchy

Kennedy Maize at PowerMag reports:

When Exelon earlier this year shocked the nuclear industry by declaring it would close its money-losing Clinton and Quad Cities plants in Illinois, the Chicago-based generating giant said it could change its mind if the state legislature would come up with a financial rescue package. That may happen, but the odds are against it.

[Please note that the article's report that the Illinois state legislature is "Republican-controlled" is incorrect. The Democratic Party actually holds large majorities in both the Illinois State Senate and the Illinois State House. Illinois Governor Rauner is Republican, however.]

Exelon's nuclear lobbyists appear ready to push their greed-driven agenda during the Illinois state legislature's lame duck session, the article reports:

“The Legislature meets for a few days in November,” Exelon spokesman Brett Nauman told the Pantagraph. “Hopefully, they could act before the end of the year and Exelon could potentially reverse the decision. But as of now, we have to move forward with plans to close.” (emphasis added)

Although the article's subject line most likely refers to definition 1 below, definition 2 is equally apt, or more so, re: Exelon's bailout lobbying shenanigans, at Illinois rateapayer expense!

  1. 1.
    not thorough or detailed.
    "the information they had was sketchy"
    synonyms: incomplete, patchy, fragmentary, cursory, perfunctory, scanty, vague, imprecise, imperfect; More
    "we have only a sketchy description of the assailant"
    antonyms: detailed
    • (of a picture) resembling a sketch; consisting of outline without much detail.
  2. 2.
    North American informal
    dishonest or disreputable.
    "once the story does come out, the fact that you tried to hide it will seem sketchy")

Resources on just economic transitions when renewables/efficiency force atomic reactors to permanently shut down

Some resources (in backwards chronological order) on just economic transitions, for atomic reactor workers, municipalities dependent on their tax revenues, low-income households vis-a-vis electricity cost, etc., when atomic reactors permanently shut down:

Joint Proposal, between Pacific Gas & Electric (PG&E), environmental groups (Friends of the Earth (FOE), Alliance for Nuclear Responsibility, Natural Resources Defense Council), and unions (including International Brotherhood of Electrical Workers, IBEW), for the closure of the Diablo Canyon nuclear power plant at the end of its 40-year operating license in 2024-2025, and its replacement with energy efficiency and renewable sources of electricity, June 21, 2016.

Beyond a Band-Aid: A Discussion Paper on Protecting Workers and Communities in the Great Energy Transition, Arjun Makhijani, Ph.D., President, Institute for Energy and Environmental Research (IEER), Takoma Park, MD, June 10, 2016.

[Note that this discussion paper is mostly focused on the phaseout of fossil fuel industries in Maryland. However, nuclear power is touched upon. Even though it is Maryland- and fossil fuels focused, the concepts can and should be applied to atomic reactor shutdowns nationwide.]

April 23, 2016. NIRS and AGREE submit extensive comments to New York PSC that show how NY can meet its 2030 carbon emissions goals without nuclear (and thus without nuclear subsidies).

October 22, 2015. NIRS/AGREE analysis finds FitzPatrick reactor can be replaced with clean & renewable energy at a lower cost. Press release; full analysis


In addition, there must be some great resources coming out of Germany. After all, the fourth largest economy in the world is phasing out both nuclear power (completely, by 2022), and is decreasing greenhouse gas emissions by 85% (as compared to 2005 levels) by mid-century, through the expansion of renewables like wind and solar, as well as maximized energy efficiency. An Oct. 15, 2015 National Geographic article entitled "The Will to Change," in an issue entitled "Cool It" about the climate, appropriately gave much of the credit for the German energy transformation to the anti-nuclear movement.


Public Citizen, D.C. SUN Urge Court to Block Exelon Takeover of Pepco

Sept. 17, 2015 PowerDC rally in Washington, DC, opposing Exelon Nuclear's takeover of Pepco. The hand-signed banner was delivered, en mass, to DC Mayor Muriel Bowser's office.WASHINGTON, D.C. – Public Citizen and D.C. Solar United Neighborhoods (DC SUN) today are filing a court challenge to the D.C. Public Service Commission’s (PSC) decision to approve Exelon’s takeover of Pepco. The groups believe the merger is not in the public interest, and the petition being filed today is the first step in asking the D.C. Court of Appeals, the district’s highest court, to block the merger.

The $7 billion merger will lead to higher electricity rates and stymie the District’s efforts to shift to renewable energy, the groups maintain. The PSC on June 17 rejected requests by Public Citizen and other groups to reconsider its decision to allow the merger. Since then, Pepco has asked for an $85.5 million rate increase.