Taxpayers dudded on loan guarantees for Vogtle Nuclear Power Plant
The credit subsidy cost these documents reveal for the Vogtle project is absurdly low. It is now years out of date and little information on how it was justified is provided. This information shows that taxpayers should be even more worried about signing off on an $8.3
billion loan guarantee for the Vogtle reactor.” “A one percent fee doesn’t even begin to reflect the risk of default”
Taxpayers deserve to see the basis on which the ridiculously low fee for Southern Company was calculated.
SACE has filed a FOIA request to unearth what the new estimates are in order to understand what risks taxpayers still face…… the terms
of the updated loan guarantee deal are still being held in secret.
Secret Documents Highlight Nuclear’s Risk to Taxpayers Market Watch, ATLANTA, May 23, 2012 /PRNewswire via COMTEX/ — A closer look at new documents shows Department of Energy significantly underestimated controversial Vogtle Nuclear Plant’s risk of default
Late last week Southern Alliance for Clean Energy (SACE) successfully negotiated the release of hundreds of pages of secret nuclear loan guarantee documents to settle Freedom of Information Act (FOIA) litigation spanning nearly two years. These documents reveal that one of the nation’s largest utilities, Southern Company, was aggressively pursuing controversial federal nuclear loan guarantees at significantly below market rates. Read more »
The transition to renewable s – American’s energy revolution under way
America’s renewables revolution, Climate Spectator , 24 May 2012 John Kemp ”……Speaking in his state of the union address to Congress in January, the president claimed, “We’ve subsidised oil companies for a century. That’s long enough. It’s time to end the taxpayer giveaways to an industry that rarely has been more profitable and double-down on a clean energy industry that never has been more promising.”
But the rhetoric obscures an unprecedented push to cut energy consumption and increase the share of renewable energy generation underway at all levels of government as well as in the private sector.
Federal, state and local governments, coupled with local power and gas utilities, are pouring billions of dollars a year into a vast range of initiatives to boost efficiency and renewables.
Support for efficiency and renewables is split across thousands of
different programs, which has tended to hide the scale of the overall effort. As a result, many energy analysts fail to appreciate the scale of the shift underway. However, the sheer amount of support being given to clean technology and energy efficiency programs suggests a revolutionary transformation of the energy system will likely occur in the next two decades. Read more »
German government working carefully on phasing out nuclear power
Germany beefs up monitoring of nuclear shutdown, Google News By JUERGEN BAETZ, Associated Press 24 May 12, BERLIN (AP) — The German government will more closely oversee the country’s move from nuclear power to renewable energy, Chancellor Angela Merkel said Wednesday — a mammoth 10-year project for Europe’s biggest economy that has been going slowly so far.
Merkel said she will be meeting with all of Germany’s 16 state governors twice a year to take stock of the transformation’s progress and shortcomings, stressing that everything must be done to avoid blackouts and ensure affordable energy. Read more »
Nuclear Regulatory Commission extends Hanford nuclear license for 20 more years
License for nuclear power plant at Hanford extended to 2043 Oregon Live.com , May 23, 2012 YAKIMA, Wash.-- The Nuclear Regulatory Commission has extended the license for the Northwest’s only commercial nuclear power plant by an additional 20 years, the plant’s operator announced Wednesday.
The license extends operations at south-central Washington’s Columbia Generating Station through 2043. The plant had been operating on a 40-year license that expires at the end of 2023.
The plant is operated by Energy Northwest, a public power consortium composed of 28 member utilities. Controversy swirled around the plant last year because it is the same general type as those stricken after the tsunami in Japan…. http://www.oregonlive.com/environment/index.ssf/2012/05/license_for_hanford_nuclear_po.html
Small scale renewable energy for millions in Sub-Saharan Africa
Solar energy enterprise to provide 10 million with access to renewable energy, PR Wire 24 May 12 The BCtA is a global initiative that encourages private sector efforts to fight poverty, supported by several international organizations including the UN Development Programme (UNDP).
Ten million low-income people living in rural communities in Sub-Saharan Africa, Asia and the Pacific, Latin America and the Caribbean, will gain access to low-cost solar energy by 2015, in part due to a commitment made by solar energy provider Barefoot Power to the Business Call to Action (BCtA).
The BCtA is a global initiative that encourages private sector efforts to fight poverty, supported by several international organizations including the UN Development Programme (UNDP). Read more »
Fire on nuclear submarine
Nuclear sub catches fire in Maine Naval shipyard By Ros Krasny BOSTON May 23, 2012 (Reuters) – Fire broke out on Wednesday evening on a U.S. Navy nuclear-powered submarine docked at the Portsmouth Naval Shipyard in Maine, injuring four firefighters, officials said.
The cause of the fire is not yet known, but the vessel’s nuclear reactor was not involved. There were no weapons aboard the sub, which is at the shipyard for system upgrades and maintenance.
The fire started in the “forward compartment” of the U.S.S. Miami, an attack submarine docked at the Kittery, Maine, shipyard shortly before 6 p.m. ET Firefighters were still battling the blaze after 10 p.m., with equipment brought in from as far away as Boston’s Logan International Airport, about 60 miles away…..
http://www.reuters.com/article/2012/05/24/us-usa-submarine-fire-idUSBRE84N04I20120524
Probability of severe nuclear accidents every 10 – 20 years
The computer simulations revealed that, on average, only eight percent of the 137Cs particles are expected to deposit within an area of 50 kilometres around the nuclear accident site. Around 50 percent of the particles would be deposited outside a radius of 1,000 kilometres, and around 25 percent would spread even further than 2,000 kilometres.
These results underscore that reactor accidents are likely to cause radioactive contamination well beyond national borders.
If a single nuclear meltdown were to occur in Western Europe, around 28 million people on average would be affected by contamination of more than 40 kilobecquerels per square meter. This figure is even higher in southern Asia, due to the dense populations. A major nuclear accident there would affect around 34 million people, while in the eastern USA and in East Asia this would be 14 to 21 million people.
Severe Nuclear Reactor Accidents Likely Every 10 to 20 Years, European StudySuggestshttp://www.sciencedaily.com/releases/2012/05/120522134942.htm ScienceDaily (May 22, 2012)— Western Europe has the worldwide highest risk of radioactive contamination caused by major reactor accident. Catastrophic nuclear accidents such as the core meltdowns in Chernobyl and Fukushima are more likely to happen than previously assumed.
Based on the operating hours of all civil nuclear reactors and the number of nuclear meltdowns that have occurred, scientists at the Max Planck Institute for Chemistry in Mainz have calculated that such events may occur once every 10 to 20 years (based on the current number of reactors) — some 200 times more often than estimated in the past.
The researchers also determined that, in the event of such a major accident, half of the radioactive caesium-137 would be spread over an area of more than 1,000 kilometres away from the nuclear reactor. Their results show that Western Europe is likely to be contaminated about once in 50 years by more than 40 kilobecquerel of caesium-137
per square meter. According to the International Atomic Energy Agency, an area is defined as being contaminated with radiation from this amount onwards. In view of their findings, the researchers call for an in-depth analysis and reassessment of the risks associated with nuclear power plants. Read more »
UK government’s folly in persisting with nuclear power plans
the UK, where the nuclear industry is so embedded in government it supplies staff free-of-charge to work within the energy ministry. Perhaps it’s no wonder that even when half of the UK’s big six energy companies bale out of nuclear on cost grounds, ministers plough on regardless.
while mass-produced renewable energy technologies are pushing the costs downwards, nuclear energy is completing the journey from “too cheap to meter” to “too expensive to count”
Only renewables – not nuclear – could be too cheap to meter http://www.guardian.co.uk/environment/damian-carrington-blog/2012/may/22/energy-nuclear-renewables Damian Carrington, The Guardian UK, 22 May 12, Germany’s long support for wind and solar energy is delivering zero-cost electricity at times. In contrast, the UK’s new energy policy seeks to underwrite the rising cost of nuclear ”Too cheap to meter”: that was the infamous boast of the nuclear powerindustry in its heyday. It has been catastrophically discredited by history. Read more »
Promote clean energy, don’t subsidise nuclear – says Scotland
” the UK Government must recognise that the purpose of this reform is to support renewable energy, not to provide subsidies for nuclear energy.”
Government: Renewables not nuclear Google News(UKPA) – 23 May 12, Planned reforms to the electricity market must focus on renewable energy rather than nuclear subsidies, according to the Scottish Government.
The comment follows publication of the draft UK Energy Bill which the British Government hopes will deliver the £110 billion investment needed to build new low-carbon capacity. Read more »
Britain setting up huge subsidies for nuclear industry, poorly hidden in consumers’ costs
Britain’s proposals appear to be drafted to sidestep E.U. restrictions on state aid that might prevent direct subsidies for the construction of new nuclear power plants.
Britain hopes that this guaranteed price, to be paid by businesses and consumers, will secure the financial commitment from energy utilities to construct nuclear reactors
This proposal has distorted policy in order to try to disguise the massive subsidies nuclear will need, but they remain so huge that the policy will fail anyway,”

Britain Charts Way to Wider Nuclear Investment, NYT, By STEPHEN CASTLE, May 22, 2012 LONDON — Britain announced plans Tuesday to finance a new generation of nuclear power plants and renewable energy facilities in a move that illustrates divergent energy policies within the European Union as it grapples with the challenge of reconciling economic and environmental objectives. While Germany intends to phase out nuclear power and France’s new president, François Hollande, aims to reduce his country’s reliance on it, the British government appears to be moving in the opposite direction with its proposals, aimed at luring investment of £110 billion, or $175 billion, to build new reactors and renewable energy plants. Read more »
USA govt and nuclear industry have got rid of too-thorough nuclear regulator Jaczko
the pressure became too great from both, several industry and government officials say. Both parties wanted to expand the use of nuclear facilities and further explore options for storing nuclear waste. Jaczko had largely put the kibosh on both
members of Congress, mostly senior Democrats, have defended Jaczko as a thoughtful and thorough regulator
Jaczko’s resignation still illustrates the influence of the nuclear industry.
Nuclear Commission Gregory Jaczko Calls It Quits, The Daily Beast, May 21, 2012 After a long campaign to drive the nation’s top nuclear regulator from office, NRC commissioner Greg Jaczko resigned Monday. Daniel Stone reports on how the industry claimed its casualty. Read more »
Nuclear industry lobbying hard to get Pilgrim plant relicensed
the nuclear industry has been busy making its concerns known in Washington about the Pilgrim delays and what they could mean for other contentious relicensing cases.
Delays in Pilgrim nuclear plant’s relicensing draws the ire of some GOP leaders in Congress Mass. Market, 2012 May 22 by Jon Chesto Massachusetts politicians aren’t the only ones closely watching the fate of the Pilgrim nuclear power plant in Plymouth. A group of GOP congressmen, led by energy committee chairman Fred Upton, sent a letter to the Nuclear Regulatory Commission on Monday, essentially scolding the NRC for taking so long with its review of Pilgrim. Read more »
Baghdad nuclear talks offer real hope of progress between Iran and world powers
Iran nuclear talks: why optimism could be different this time, Christian Science Monitor, By Howard LaFranchi, Staff writer / May 22, 2012 The meeting in Baghdad will discuss Iran’s nuclear program. The US and some of its partners are speaking more hopefully about prospects for these talks than at almost any point in the past.
The talks that open in Baghdad Wednesday between Iran and six world powers on curbing
Iran’s nuclear program may well determine whether Israel or the US launches airstrikes against Iranian nuclear facilities. The talks will also be a factor in the US presidential election this year.
But no one should expect to see Wednesday either a comprehensive agreement addressing more than a decade of concerns about Iran’s nuclear development, or a throwing in of the towel (by either side) that paves the way to war.
The more likely scenario, if the talks go well, is the launching of intensive, virtually constant negotiations, which would suggest that agreement on the key issues important to each side is possible and indeed achievable in some reasonably short time frame, some regional
experts say….. http://www.csmonitor.com/USA/Foreign-Policy/2012/0522/Iran-nuclear-talks-why-optimism-could-be-different-this-time
Iran agrees to let UN inspectors investigate suspected nuclear weapons site
Iran ‘to allow nuclear inspectors’, Herald Sun, AP May 23, 2012 IRAN has agreed in principle to allow UN inspectors to restart investigations into a suspected nuclear weapons test site.
The tentative accord – announced as envoys headed to the Iraqi capital for negotiations – is likely to be used by Iran as added leverage to seek concessions from the West on sanctions.
But US officials have shown no willingness to shift into bargaining mode so quickly, setting the stage for possible tense moments after talks tentatively set for today resume in Baghdad’s fortified Green Zone.
Still, Iran’s move raises the pressure on the West for some reciprocal gestures to keep dialogue on track and further highlights Tehran’s apparent aims of opening a long give-and-take process over its nuclear
ambitions.
A major breakthrough in the years-long impasse was not expected in Baghdad, with officials and experts saying both sides will seek to demonstrate enough progress to keep the process moving forward…..http://www.heraldsun.com.au/ipad/iran-signals-wider-un-access/story-fn6s850w-1226364055809
Pilgrim Nuclear Power Plant is dangerous, say protestors
14 Protesters Arrested Outside Plymouth Nuclear Plant (includes audio)
http://boston.cbslocal.com/2012/05/21/14-protesters-arrested-outside-plymouth-nuclear-plant/ May 21, 2012, PLYMOUTH (CBS) – Fourteen members of the group Cape Downwinders were arrested Sunday while demonstrating at the Pilgrim Nuclear Power Station, hoping to get it shut down. The demonstrators said their message is simple.
“The Pilgrim nuclear facility is a dangerous facility and it should be shut down,” said Paul Rifkin, a member of the group. The group wants to deliver a letter to Pilgrim’s owners, Entergy, demanding that they cease operations, pointing to the Fukushima Daiichi plant in Japan as a wake-up call to action.
“It’s a 40-year-old plant and they want to license it for another 20 years. We don’t want the nuclear regulatory commission to re-license that plant,” said Rifkin.
In the letter, the group says the continued operation of the plant is an unacceptable threat to health and public safety and they also want an evacuation preparedness plan to include Cape Cod.
The group worries a power failure at the plant could be catastrophic, and the members have doubts about how a mass evacuation from the Cape, given its only two exit points, would work. We’re hoping that NRC upholds their mandate to provide for the public health and safety and not re-license the Pilgrim Nuclear Power Station in Plymouth,” said Diane Turko, who was one of the protesters arrested for trespassing.
The plant’s current license expires June 8th and they are hoping to renew for another 20 years.
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