business and costs « nuclear-news

Yankee nuclear power plant has doubtful future

Vermont Yankee future dogged by doubt Burlington Free Press By Nancy Remsen • Free Press Staff Writer • October 25, 2009 Vermont’s 37-year-old nuclear power plant is constantly in the public spotlight these days as the 2012 expiration date on its license approaches. Continue reading →

October 28, 2009 Posted by Christina Macpherson | 1, business and costs, USA | antinuclear, nuclear, nuclear costs, nuclear wastes | Leave a comment

Exorbitant cost of nuclear power

The wider lessons from nuclear power cost inflation SCITIZEN (UK) 26 Oct, 2009 “……………. the full costs of nuclear technology are probably well above today’s wholesale electricity prices. We may well need nuclear power but we are going to pay heavily for it. The government’s optimistic noises from 2006 to the middle of this year about the commercial viability of nuclear power have turned out to be wrong…………………. Continue reading →

October 27, 2009 Posted by Christina Macpherson | 1, business and costs, UK | antinuclear, nuclear, nuclear costs | Leave a comment

Nuclear power not a good deal for Vietnam

Nuclear power and unanswered questions Vietnam Net 22/10/ 09 “The investor of the first nuclear power projects is the state power monopoly, Electricity of Vietnam (EVN).…….Tien Phong: US$12 billion is a huge amount of money, about 13 percent of the country’s current annual gross domestic product (GDP). Is it necessary to invest that money to build a nuclear power plant when Vietnam can develop hydro, thermal and wind power at cheaper cost prices?……………. Continue reading →

October 23, 2009 Posted by Christina Macpherson | ASIA, business and costs | antinuclear, nuclear, nuclear costs, nuclear spin, nuclear wastes, uranium, wastes | Leave a comment

nuclear – an industry in financial meltdown

Is the nuclear industry in meltdown?

October 21 2009 | Der Spiegel Politicians and electric company executives the world over are dreaming of a “nuclear renaissance”. But a spate of hitches at Olkiluoto 3, the new flagship reactor in Finland, go to show that this is not in the cards, believes Der Spiegel, whcih also doubts that modernising old nuclear power stations is a viable alternative…… Continue reading →

October 23, 2009 Posted by Christina Macpherson | 2 WORLD, business and costs | antinuclear, nuclear, nuclear costs, nuclear spin, nuclear wastes, radioactive, uranium | Leave a comment

Taxpayers at risk in nuclear plans

USA: Nuclear power’s up-front costs Persistent problems argue against increased tax investment Herald Tribune October 21, 2009 .Whether you’re for or against nuclear power, you’re probably helping to fund its future expansion.
For example, Florida customers of Florida Power & Light and Progress Energy pay a monthly fee to help the utilities pursue new nuclear reactors — which may not be built for years, if ever. Continue reading →

October 22, 2009 Posted by Christina Macpherson | 1, business and costs, USA | antinuclear, nuclear, nuclear costs | Leave a comment

Thailand push for alternatives to nuclear

Thailand: NGO pushes alternatives to nuclear Efficiency and cutting demand help more Bangkok Post 22/10/2009 The development of nuclear power plants by 2020 should be reconsidered, environmental activists urged the government. Continue reading →

October 22, 2009 Posted by Christina Macpherson | 1, ASIA, business and costs | antinuclear, nuclear, nuclear costs, nuclear wastes, radioactive, uranium | Leave a comment

Can US taxpayers afford the nuclear industry?

Can We Afford More Subsidies for Nuclear Power? Common Dreams.org Union of Concerned Scientists WASHINGTON – October 20 – The Senate may finally start debating climate and energy legislation now that Sens. Barbara Boxer (D-Calif.) and John Kerry (D-Mass.) have introduced the Clean Energy Jobs and American Power Act. But the addition of a nuclear provision to the bill raises some questions. What will be the fate of the so-called nuclear power renaissance, and to what extent will taxpayers be asked to underwrite it?…………. Continue reading →

October 21, 2009 Posted by Christina Macpherson | 1, business and costs, USA | antinuclear, nuclear, nuclear costs, nuclear secrecy, nuclear spin, nuclear wastes | Leave a comment

Taxpayers slugged for UK’s nuclear cost blowout

Nuclear power plants to increase debt problems?- Debt Fixers (UK) 20 October 2009 The government has drawn up plans to introduce a new tax on electricity bills in order to subsidise the nuclear power industry. Continue reading →

October 21, 2009 Posted by Christina Macpherson | 1, business and costs, UK | antinuclear, nuclear, nuclear costs | Leave a comment

Safety , cost, problems, as nuclear reactors age

Special Report: Energy The Dilemma of Aging Nuclear Plants The New York Times by PATRICIA BRETT October 19, 2009 “……….

A large part of the world’s installed nuclear power capacity is now coming to the end of that designed life span. Continue reading →

October 20, 2009 Posted by Christina Macpherson | 1, 2 WORLD, business and costs, safety | antinuclear, nuclear, nuclear costs, radioactive | Leave a comment

Olkiluoto III nuclear plant delayed indefinitely

Date of completion for Olkiluoto III nuclear plant still anybody’s guess HELSINGIN SANOMAT 20 Oct 09
– “……….yet another delay in the construction of the third nuclear facility in the Olkiluoto site.
This latest announcement moves once again the completion date for the Olkiluoto III project to the unforeseen future. Continue reading →

October 20, 2009 Posted by Christina Macpherson | 1, business and costs, Finland | antinuclear, AREVA, EDF, France, nuclear, nuclear costs, nuclear spin, radioactive | Leave a comment

India’s pursuit of nuclear – fraught with obstacles

India’s desperate pursuit of nuclear energy risky the New Nation, bangladesh, Savvy Soumya Misra October 19, 2009 Ever since the Indo-US nuclear deal signed in October last year lifted 34-year-old global sanctions that denied India access to the international atomic energy market, including uranium, Delhi has been on a shopping spree, buying nuclear fuel and reactors.India has signed civil nuclear agreements with France, USA, South Korea and Russia in the past 18 months………………… Continue reading →

October 19, 2009 Posted by Christina Macpherson | 1, business and costs, India | antinuclear, nuclear, nuclear costs, nuclear spin, nuclear wastes, radiation, radioactive, uranium | Leave a comment

Florida taxpayers to fund new nukes

Public Service Commision Approves New Rates to Build Nuclear Plants WMBB News 13 10/16/09 – Associated Press Tallahassee, Fla:
The Public Service Commission has approved new rates to pay for building nuclear power plants that critics say aren’t needed……………….“No Nukes Now” spokesman Jim Walker says it’s not fair to charge customers now for a project that may never be approved by the federal government.

“If the feds say no, you’ve still paid the price and there is no cost recovery for the consumer. There’s no refund for this kind of money.”…………..Opponents say new nuclear plants are unnecessary and too big of a financial risk. They argue the plants are not needed because natural gas prices are dropping and people are using less energy due to the economic downturn.

October 17, 2009 Posted by Christina Macpherson | business and costs, USA | antinuclear, nuclear, nuclear costs | Leave a comment

Nuclear lobby looking to “modernising” old reactors, as AREVA’s new ones failing

SPIEGEL ONLINE By Dinah Deckstein, Frank Dohmen and Cordula Meyer Translated from the German by Christopher Sultan. 16 Oct 09

Modernization instead of new construction. Is the new strategy to launch a renaissance through the back door? At first, the chaos surrounding the Olkiluoto reactor reveals that the industry is by no means ready to build new power plants cheaply and safely in the Western world. Utilities, with their massive financial risks, can no longer support such mammoth projects — unless the government steps in. Continue reading →

October 16, 2009 Posted by Christina Macpherson | 2 WORLD, business and costs | antinuclear, AREVA, EDF, France, nuclear, nuclear costs, nuclear spin | Leave a comment

“New generation” nuclear renaissance is just not happening

Problems Plague Launch of ‘Safer’ Next-Generation Reactors

SPIEGEL ONLINE By Dinah Deckstein, Frank Dohmen and Cordula Meyer Translated from the German by Christopher Sultan. 15 Oct 09

The executives of electric utilities worldwide are dreaming of a renaissance in nuclear power. But problems with a new, state-of-the-art reactor in Finland suggest that this is unlikely to happen. The industry’s alternative strategy is to modernize older plants to drastically extend reactor lifetimes. Continue reading →

October 16, 2009 Posted by Christina Macpherson | business and costs, Finland | antinuclear, AREVA, EDF, France, nuclear, nuclear secrecy, nuclear spin | Leave a comment

Funding and planning problems hit Italy’s nuclear industry

Italy may have big nuclear ambitions, but funding and plannning problems have not been resolved Utilty Week by: Simon Jones | 02 October 2009 Enel has set up a joint venture with EDF to deliver the first four of at least ten nuclear reactors in Italy, as promised by president Berlusconi. But where to site the reactors – and how to pay for them – has yet to be established.. Continue reading →

October 13, 2009 Posted by Christina Macpherson | 1, business and costs, Italy | antinuclear, nuclear, nuclear costs, uranium | Leave a comment