nuclear-news

Is costly nuclear energy too big a risk for San Antonio?

Is costly nuclear energy too big a risk for San Antonio? Jan Jarboe Russell – Express-News 23 Nov 08  – “……….CPS Energy has invested $206 million on preliminary design and engineering to build two new nuclear reactors in Bay City and that money will run out at the end of the year.………Do we bet our future on the old energy drivers — coal, fossilized fuels and nuclear — or do we invest substantially in energy efficiency and renewable sources such as wind and solar?…………..there is nothing economical about the price tag of the two proposed nuclear reactors in Bay City. Indeed, there’s no firm price at all.

Recently CPS estimated that the project would cost $6 billon to $7 billion if we build it tomorrow, while others in the industry place the flip-the-switch cost at a low of $12.1 billion and a high of $17.5 billion. Such numbers stagger the mind and make moving ahead with the nuclear option too reckless a choice.

Is costly nuclear energy too big a risk for San Antonio?

November 23, 2008 - Posted by Christina Macpherson | business and costs