nuclear-news

The News That Matters about the Nuclear Industry Fukushima Chernobyl Mayak Three Mile Island Atomic Testing Radiation Isotope

Epic crisis in USA’s nuclear industry – Trump’s trying to stop solar power will not save nukes

Trump’s Assault on Solar Masks an Epic Crisis in the Nuclear Industry, The Progressive , by Harvey Wasserman, January 25, 2018    As Donald Trump launches his latest assault on renewable energy—imposing a 30 percent tariff on solar panels imported from China—a major crisis in the nuclear power industry is threatening to shut four high-profile reactors, with more shutdowns to come. These closures could pave the way for thousands of new jobs in wind and solar, offsetting at least some of the losses from Trump’s attack.

Like nearly everything else Trump does, the hike in duties makes no rational sense. Bill McKibben summed it up, tweeting: “Trump imposes 30% tariff on imported solar panels—one more effort to try and slow renewable energy, one more favor for the status quo.”………

the burgeoning U.S. market for cheap Chinese panels has birthed a very large industry. More than a quarter-million Americans now work in photovoltaics, with most of the jobs in building desert arrays or perching the panels on rooftops. Except for the very marginal pressure from Suniva and SolarWorld, solar advocates have focussed on the rapid spread of low-cost panels, even if they come from China.

Powered largely by Chinese product, the cost of a solar-generated watt of power has dropped from $6.00 in the late 1990s to around $0.72 in 2016. Further drops are considered inevitable. At that price, there is virtually no economic margin for any other new energy production construction except wind and natural gas. Even gas—with its uncertain long-term supply—is on the cusp of being priced out.

Thus, the industry’s reactionto Trump’s solar panel tariff has been fierce.

“We are not happy with this decision,” Abigail Ross Hopper, president of the American Solar Energy Association, told Reuters. “It’s just basic economics—if you raise the price of a product, it’s going to decrease demand for that product.” Trump’s move is predicted to drop upcoming solar installations by 10 to 15 percent and cost some 23,000 jobs.

Sustainable energy professor Scott Sklar, in an email to The Progressive, estimated that Trump’s 30 percent tariff will, after four years, “retard the solar market by 9 percent, cause the loss of thousands of U.S. jobs, and not save the two companies that brought the anti-competitive tariff request initially. The tariff was a political statement to China rather than specifically addressing the health of the U.S. solar industry and increasing U.S. solar jobs.”


Two major developments in the nuclear power industry further illustrate the absurdity of Trump’s decision.

In California, the Public Utilities Commission has gutted a major agreement that would have kept two mammoth reactors at Diablo Canyon operating for several more years. The landmark deal—cut between Pacific Gas & Electric, the host communities around San Luis Obispo, the reactors’ union workers and two environmental groups—called for PG&E to collect some $1.3 billion from ratepayers.

But the California commission cut PG&E’s take to about $300 million. To continue running the two fast-deteriorating old reactors would require massive capital repairs. The company also has admitted that all of Diablo’s power can be otherwise produced with zero- and low-carbon green technologies.

While Trump’s tariffs may slightly alter the math, they’re not expected to make photovoltaics, wind, geothermal, or increased efficiency more expensive than the power Diablo might generate in the coming seven years. Thus, Diablo opponents like Linda Sealey of the San Luis-based Mothers for Peace are extremely hopeful for early shutdowns.

“We think this makes it likely they’ll shut as early as 2020,” she told me January 18 on California Solartopia at KPFK radio in Los Angeles. “They just can’t compete.”

A parallel fate may soon overtake Ohio’s ancient Perry and Davis-Besse reactors on Lake Erie. Because the increasingly decrepit nuclear plants have been priced out of the market and face huge capital repairs, their owner FirstEnergy has been desperately begging the Ohio legislature for massive bailouts, which it has so far resisted. As a result FirstEnergy is poised to go bankrupt, and may soon be bought out by financiers expected to insist the two reactors finally shut. A decision is expected in April.

The shutdown of four more major reactors would be a huge blow to the downwardly spiraling atomic energy industry. California’s booming solar business employs more than 100,000 Americans, more than are currently digging coal nationwide. The void left by Diablo’s shutdown would generate thousands of Golden State jobs and billions in renewable revenue.

In northern Ohio, massive wind potential is also poised to create far more jobs than are currently in place at the two reactors, with energy to be generated far more cheaply. Overall, the closure of these four high-profile plants would thus accelerate the already rapid run away from nuclear power toward renewable sources, regardless of any attempt by the Trump Administration to alter the course.

Harvey “Sluggo” Wasserman’s “California Solartopia Show” is broadcast at KPFK-Pacifica 90.7FM in Los Angeles. His “Green Power & Wellness Show” is podcast at prn.fm. His History of the US and Solartopia! are at www.solartopia.org, which will publish his America at the Brink of Rebirthlater this year. http://progressive.org/dispatches/trumps-assault-on-solar-masks-an-epic-crisis-in-nuclear-180125/

Advertisements

January 26, 2018 - Posted by | politics, renewable, USA

No comments yet.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.

%d bloggers like this: