business and costs « nuclear-news

Financial risk in Entergy’s nuclear plan

Greenpeace says beware of Enexus The Brattleboro Reformer By BOB AUDETTE 13 Oct 09 BRATTLEBORO — Despite the Department of Public Service’s assertion that recent concessions made by Entergy will benefit Vermont ratepayers, the company’s plan to spin off Vermont Yankee nuclear power plant into a new subsidiary is bad news for the Green Mountain State. Continue reading →

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

France to promote Bulgaria’s nuclear power

Sarkozy Offers Help for Bulgaria’s Nuclear Plant Belene Energy Novinite.com Sofia News Agency October 12, 2009

French President Nicolas Sarkozy has vowed cooperation for the construction of Bulgaria’s planned second nuclear power plant on the Danube, which has hit funding problems. Continue reading →

October 13, 2009 Posted by Christina Macpherson | 1, business and costs, EUROPE | antinuclear, AREVA, France, nuclear, nuclear costs | Leave a comment

Connecticut nuclear reactor shut due to electrical problem

Oct 7, 2009 9 NEW YORK, Oct 7 (Reuters) – Dominion Resources Inc (D.N) shut the 882-megawatt Unit 2 at the Millstone nuclear power plant in Connecticut due to an electrical problem in the switchyard, a spokesman for the company said Wednesday……… Electricity traders guessed the unit would return in about a month. http://www.reuters.com/article/rbssIndustryMaterialsUtilitiesNews/idUSN0747032220091007

October 11, 2009 Posted by Christina Macpherson | business and costs, USA | antinuclear, nuclear, nuclear costs | Leave a comment

Nuclear industry causing a “tsunami” of debt

The many financial failure tsunamis of nuclear power Ace Hoffmann October 7th, 2009 “…………………Seismologists, geologists, and other experts say our coastal nuclear reactors are NOT properly protected (and can’t be) against reasonably foreseeable — even expected — tsunamis…………

Real tsunamis aside, a financial crisis is often called a tsunami as well. Continue reading →

October 10, 2009 Posted by Christina Macpherson | 1, 2 WORLD, business and costs | antinuclear, nuclear, nuclear costs, nuclear secrecy, radioactive, uranium | Leave a comment

$25 million penalty resulting from shutdown of nuclear plants

Florida Utlity Company to Pay $25 Million for Blackout New York Times By MATTHEW L. WALD

Published: October 8, 2009

WASHINGTON — A Florida utility has agreed to pay a record $25 million penalty for causing a blackout that left nearly a million customers in the dark in February 2008. Continue reading →

October 9, 2009 Posted by Christina Macpherson | business and costs, USA | antinuclear, nuclear | Leave a comment

Energy efficiency and renewables beat nuclear on costs

Nuclear Power – Climate Fix or Folly –Treehugger, Rebecca Cole, Rocky Mountain Institute 7 Oct 09

“………….Lovins points out nuclear drawbacks and a better path forward.
Lovins, who for years has argued that nuclear power is an “uncompetitive, unneeded and obsolete” way to reduce the country’s dependence on fossil fuels, again reiterated that efficiency, distributed generation and renewable energy is a better path. Continue reading →

October 8, 2009 Posted by Christina Macpherson | 2 WORLD, business and costs, climate change | antinuclear, nuclear, nuclear costs, uranium | Leave a comment

Dubious future of “nuclear renaissance”

WNA report – what is the future of fuel? NUCLEAR ENGINEERING 29 September 2009

” ……………….there remains a worry that the so-called nuclear renaissance, much discussed both within and outside the industry in recent years, is threatened by a huge variety Continue reading →

September 30, 2009 Posted by Christina Macpherson | 1, 2 WORLD, business and costs | nuclear, nuclear costs, nuclear wastes, radioactive, uranium, wastes | Leave a comment

Costs of radioactive waste licensing

Spending debates affect nuclear agency’s operations in Arizona NEI SmartBrief | 09/28/2009 State agencies in Arizona are facing financial problems as Gov. Jan Brewer and lawmakers struggle in the aftermath of her veto of budget-related legislation. Continue reading →

September 30, 2009 Posted by Christina Macpherson | 1, business and costs, USA | antinuclear, nuclear, nuclear costs, nuclear wastes, radiation, radioactive, uranium, wastes | Leave a comment

Nuclear power seeks govt funds, despite unsolved problems

Nuclear power revisited: The elephant in the roomThere’s still nowhere to put that toxic waste Star Tribune By BILL GRANT : September 26, 2009 Recently announced effort seeks to end a ban on the construction of new nuclear power plants within Minnesota Continue reading →

September 28, 2009 Posted by Christina Macpherson | 1, business and costs, USA | antinuclear, nuclear, nuclear costs, nuclear wastes, radioactive, reprocessing, uranium, wastes | Leave a comment

Doubts, as uranium price keeps falling

FNArena News -By Andrew Nelson September 22 2009
Week by week the uranium spot price ticks a little lower, this week it’s down a noteworthy US$2.00 to $42.50 reports uranium market consultant TradeTech…… Continue reading →

September 23, 2009 Posted by Christina Macpherson | 2 WORLD, business and costs | antinuclear, nuclear, nuclear costs, uranium | Leave a comment

France’s failing atomic energy industry

Tom Friedman’s Idiocy Atomique
COUNTER PUNCH By HARVEY WASSERMAN 23 Sept 09 France’s atomic power industry is a failed radioactive flame. Its 58 reactors are unpopular, unsafe, uneconomical, dirty, direct agents of global warming, weapons proliferators and major generators of atomic waste for which there is no management solution. Continue reading →

September 23, 2009 Posted by Christina Macpherson | 1, business and costs, France | antinuclear, AREVA, nuclear, nuclear costs, nuclear secrecy, nuclear wastes, radioactive, wastes | Leave a comment

Egypt’s Nuclear program doubts, especially cost

21 Sep 2009Egypt’s Nuclear Imbroglio

Egypt is struggling to get its nuclear energy program off the ground, three years after officially announcing the revival of its moribund civil reactor program, Dr Dominic Moran writes for ISN Security Watch.

ISN By Dominic Moran in Tel Aviv for ISN Security Watch 21 Sep 2009

The revived Egyptian civil nuclear program could be heading into choppy waters, Continue reading →

September 22, 2009 Posted by Christina Macpherson | 1, business and costs, MIDDLE EAST | antinuclear, nuclear, nuclear costs | Leave a comment

NC nuclear plant shuts down 2 units

Officials: NC nuclear plant shuts down 2 units
Rocky Mount telegram The Associated PressTuesday, September 22, 2009WILMINGTON, N.C. — Federal officials say both units at a North Carolina nuclear power plant were shut down when maintenance workers were unable to repair an emergency diesel generator.

The Star-News of Wilmington reported Monday that the units at the Brunswick Nuclear Plant in Southport were shut down Sunday.According to the Nuclear Regulatory Commission, both reactors, which were operating at full power early Sunday, were completely shut down by early Monday.An NRC report showed the utility said the shutdowns were required because the emergency diesel generator was inoperative for more than seven days..

Officials: NC nuclear plant shuts down 2 units – State |

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

Nuclear Power’s biggest problem – it’s not cost competitive

Nuclear Power’s Cost Competitiveness Remains a Critical Question
solveclimate by Laura Shin – Sep 18th, 2009
Nuclear power has long been controversial for its radioactive waste, history of dangerous meltdowns and potential to help spread nuclear weapons.

With those arguments against it, and with a spotty record of construction and management in the 1970s and 1980s, the United States hasn’t welcomed a new nuclear power plant since 1996 – and that one had been in the works since 1973 Continue reading →