nuclear-news

Indiana legislation to promote nuclear power withdrawn

http://www.indystar.com/story/news/2014/01/21/indiana-legislation-to-promote-nuclear-power-withdrawn/4720181/

John Russell

January 21, 2014

Nuclear power plants won’t be coming to Indiana any time soon, after all.

A key state senator has pulled his bill that would have provided financial incentives to utilities to build nuclear plants.

Sen. James Merritt, R-Indianapolis confirmed today he won’t hold hearings on his bill this session, and said construction of a nuclear plant is “probably more than a decade away.”

The move amounts to a sudden reversal of Merritt’s push for nuclear energy in Indiana. Less than two weeks ago, Merritt introduced bill. Last week, the bill was sent to the Senate Utilities Committee, which Merritt chairs.

Senate Bill 302 would have allowed utilities to build a nuclear plant or a small modular reactor and pass along the engineering and construction costs to customers years before the plant goes into operation.

Indiana is one of the few Midwest states with no nuclear power plants. It has long relied on abundant coal reserves for energy.

In a statement today, Merritt said the bill would not be heard in committee or considered this session because no utility or large energy user, such as a steel mill, has shown interest.

“This topic, though, needs to be kept fresh in the minds of Hoosiers because the Environmental Protection Agency’s rules do not favor coal as a future energy source,” Merritt said in a statement. “Nuclear energy is expensive to build but cheap to operate. I am interested in nuclear power as a whole — both small and large power packs.”

Call Star reporter John Russell at (317) 444-6283 and follow him on Twitter @johnrussell99.

January 22, 2014 - Posted by arclight2011part2 | Uncategorized