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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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Friday
Feb242017

Opinion: Stop Cuomo’s costly, $8-billion nuclear plant bailout

Thank you to Scott Stapf of the Hastings Group for his tweet pointing to an excellent op-ed:

Opinion: Stop Cuomo’s costly, $8-billion #nuclear plant bailout http://nydn.us/2lwFTvz  #NewYork #NewYorkCity

Fr. Bill Brisotti, pastor of Our Lady of the Miraculous Medal parish in Wyandanch, Long Island, New York, concisely lays out a number of powerful arguments, in his New York Daily News op-ed, against NY Gov. Cuomo's "nuclear tax."

Thursday
Feb022017

Beyond Nuclear on Solartopia Radio re: Collapse of Atomic Energy Industry

THE COLLAPSE OF THE ATOMIC ENERGY INDUSTRY once again comes to Solartopia Green Power and Wellness Hour Radio. [The show is at 5pm Eastern on Thursday, Feb. 2nd -- listen live! -- and will be posted at the Solartopia Radio Show's archives afterward.]

LINDA SEELEY of the San Luis Obispo Mothers for Peace fills us in on the catastrophic Diablo Canyon nukes, surrounded by earthquake faults and in a tsunami zone.  We examine the deal being made to shut it down, and the effort to make that happen faster.

KEVIN KAMPS of Beyond Nuclear and TIM JUDSON of the Nuclear Information & Resource Service chime in on the collapse of Westinghouse, the overages in nuclear construction around the world, the appointment of an non-regulatory new chair for the Nuclear Regulatory Commission, the procession of state bailouts, and much more.

As we approach a green-powered Earth, we pray no more of these obsolete, obscene nukes will explode, and that the transition to renewables will proceed as fast as possible.

Thanks to host Harvey Wasserman for having us on once again. It's an honor and a privilege to appear alongside colleagues from NIRS and Mothers for Peace!

Wednesday
Jan112017

Emphasizing the massive cost of Cuomo's nuke bailout to energy consumers, Albany advocates urge state legislature to block his plan & take his own advice on Indian Point: Close upstate nuke plants too

Stop the Cuomo Tax, a grassroots campaign led by Food & Water Watch and New York Public Interest Research Group (NYPIRG) supported by over 32,000 New Yorkers and 130 organizations, has issued a press release, analysis, and fact sheet.

Thursday
Jan052017

How Georgia officials pantsed ratepayers over the holidays

Mr. Burns, Nuclear Scrooge of Simpsons infamy, wasn't stingy when it came to handing out "Atomic Fireballs" as a stand in for the radioactive waste the nuclear industry would like the public to "consent" to "swallowing," during a protest outside NRC's "Nuke Waste Con Game" public comment mtg. in Perrysburg, OH, 2013. While Radioactive Man is on the take, re: the Atomic Fireballs, it is Planet Earth, and all future generations of all living things, on the receiving end of the subsidized high-level radioactive waste generation, as at Vogtle 3 & 4 in GA.As reported by Matt Kempner in an Atlanta Journal-Constitution editorial:

...The Georgia Public Service Commission — a body of five officials that most voters don’t even realize existsyanked Georgia consumers’ pants down to their ankles. One thing they exposed in the process: a big gap in the state’s system for regulating a powerful business monopoly.

It took PSC commissioners less than six minutes, without debate, to unanimously slap customers of Georgia Power with responsibility to pay for billions of dollars in cost overruns tied to the for-profit company’s expansion of nuclear Plant Vogtle. The PSC allowed only the barest of reductions in Georgia Power’s profit margins. Even that is a temporary measure compared to decades the company is likely to be pulling in fully caffeinated profits in this arrangement.

But ignore that, because the PSC also ordered that a note be inserted in Georgia Power bills to declare, essentially, what a deal you’re getting.

They decided to include this message because, well, if you just look at your Georgia Power bill you won’t actually notice anything that looks like savings.

In reality, the PSC’s Dec. 20 vote didn’t give Georgia Power and its parent the Southern Company the entire moon, just most of it.

That’s not the way PSC commissioner Stan Wise saw it.

“It’s an extraordinary balance of interests of all the parties,” Wise said during the hearing.

Some others, like consumer advocacy and environmental group leaders, disagreed. But the most troubling issue is how weak of an effort the state put forth to actually do its job... [emphasis added]

Similarly, it took the U.S. Nuclear Regulatory Commissioners less than a minute to rubber-stamp a 20-year license extension at Fermi 2 in Michigan, on Dec. 23, 2015. The NRC Commissioners "Affirmation Session" took place in an NRC HQ building largely devoid of human beings -- everyone had already taken off for the holiday break. Nevermind that Fermi 2 is a Fukushima Daiichi twin desighed General Electric Mark I boiling water reactor. We've all seen what THOSE are capable of!

And the radioactive Grinches who stole Christmas, at the Vogtle 3 & 4 new reactors construction site in Waynesboro, GA, and at Fermi 2, laughed all the way to the bank.

Thursday
Dec292016

Troubled Chinese Nuclear Project Illustrates Toshiba's Challenges

The Wall Street Journal, in an article entitled "Troubled Chinese Nuclear Project Illustrates Toshiba's Challenges," shows how its not just U.S. new atomic reactor costs overruns and schedule delays causing a "nuclear nightmare" for one of Japan's largest corporations, and a global leader of the nuclear power industry.