GOP voters support green energy, oppose coal, nuclear bailouts, statewide poll finds http://www.cleveland.com/business/index.ssf/2018/01/gop_voters_support_green_energ.html, A state-wide poll of conservative Ohio voters finds that 85 percent would pay something extra in their monthly bills for power generated by renewable technologies such as wind and solar. Nearly half of those polled said they would be willing to pay between $10 and $20 extra every month for green power. The release of the polling results by the Ohio Conservative Energy Forum comes as state lawmakers begin hearings on legislation mandating renewable energy, minimum property setback rules for wind turbines, as well as new subsidies for old coal and nuclear power plants.
CLEVELAND, Ohio — Conservative Ohio voters, whether Independent or Republican, are tired of utilities asking for special charges for coal and nuclear power plants, support mandatory energy-efficiency programs, favor home solar systems and are willing to pay higher monthly bills for renewable energy.
These are findings in a poll commissioned by the Ohio Conservative Energy Forum reveal grassroot attitudes are at odds with the speeches and actions of GOP legislative leaders during the past several years.
GOP lawmakers have repeatedly tried to kill state renewable standards, only to see Gov. John Kasich veto the legislation. Republican leadership has also tried to create extra charges on behalf of utilities that own old coal and nuclear power plants and find it difficult to compete with wind farms and gas turbine power plants.
Kasich, while touring a new gas turbine power plant last fall, specifically spoke against new state-created fees that FirstEnergy has been seeking for its Davis-Besse and Perry nuclear power plants.
Public Opinion Strategies, a Colorado-based polling company widely used by Republican candidates, including those in the Ohio House and Senate, interviewed 400 conservative Republican and Independent voters between Dec. 7 and Dec. 11. The margin of error is 4.9 percent.
The results show that support for green issues has grown since the company did an initial survey in the fall of 2016, said Lori Weigel, a partner in the polling firm.
Key points in the survey results include:
Conservative voters generally support an “all of the above” position on how electricity is generated, not wanting to limit the newer technologies.
About a quarter of those surveyed think at least half of the power sold in Ohio should come from renewable sources, while four in 10 think 51 percent to 100 percent should be generated by renewable technologies.
Two-thirds of the voters who were asked how they felt about monthly surcharges to keep old coal power plants running said they opposed such charges. Surcharges for FirstEnergy’s nuclear fleet were rejected by a larger margin, 69 percent.
A significant plurality, 43 percent, believe that increasing wind and solar installations in Ohio will create jobs. Amazon and Facebook have repeatedly stressed that they want to power their facilities with renewable energy.
Conservatives are willing to pay higher monthly bills for green power, with 27 percent saying they would pay $10 a month extra and another 14 percent willing to pay $20 a month extra.
The willingness to support green energy with higher monthly bills is evident across all income levels, with nine out of 10 voters earning less than $40,000 annually saying they would be willing to pay more.
Nearly eight out of 10 conservative voters indicated they would be willing to tell Republican candidates to support energy efficiency policies and the growth of wind and solar in the state.
Overall, 82 percent said they would support energy efficiency programs, 60 percent said they would support rules requiring more green energy in the state, 87 percent net metering rules that require utilities to pay customers with solar arrays for extra power they generate, and 76 percent said they support increasing research and development into better battery storage systems.
Sen. Matt Dolan, R-Chagrin Falls, who did not see the poll but has sponsored a bill to amend the state’s current restrictive wind turbine property setback rules, said he thinks voter support for wind and solar will be even stronger “when the economics of moving toward renewables are revealed.
“When you talk to CEOs today, they are asking about your taxes, workforce development, regulations and energy. And they have added a question about energy. It used to be just about reliability. Now it’s about source, where is the energy coming from.
“What this poll helps me be able to argue is that this is no longer a political issue. This is the direction of our state, where we need to invest.”
Michael Hartley, a consultant with the Ohio Conservative Energy Forum, said the group is now talking to policy makers in the legislature and the Kasich administration about the poll results.
“The poll clearly shows that conservatives support energy efficiency policies and see it as a way to create more jobs and move Ohio forward,” he said.
Current state law requires that 12.5 percent of the electricity sold by power companies be from renewable technologies by 2027. Using information on file at the Public Utilities Commission of Ohio, Hartley said the cost of providing renewable energy to customers currently averages $4.44 a year, state-wide.
The extra cost for Cleveland Electric Illuminating customers is 6 cents per month, or 72 cents a year. Ohio Edison customers pay an extra 7 cents per month and Toledo Edison customers an extra 11 cents a month.
Nikki Haley: Trump aimed to ‘keep Kim on his toes’ with ‘nuclear button’ tweet, Guardian, Martin Pengelly, 8 Jan 18 US ambassador to UN defends president’s rhetoric on North Korea
Haley: ‘It’s not us that’s going to be destroyed, it’s you’
Rare progress has recently been made over the Korean standoff, with North and South agreeing to begin their first talks for two years on Tuesday in the South Korean side of the village of Panmunjom in the demilitarised zone.The forthcoming Winter Olympic Games in Pyeongchang will dominate the agenda but officials have indicated other issues may also be discussed.Trump, however, showed a characteristic disregard for diplomatic niceties when he wrote on Tuesday: “North Korean Leader Kim Jong Un just stated that the ‘Nuclear Button is on his desk at all times’.
“Will someone from his depleted and food starved regime please inform him that I too have a Nuclear Button, but it is a much bigger & more powerful one than his, and my Button works!”The tweet was written the day before the Guardian published extracts of a book in which White House staffers question the president’s mental capacity for his job, setting off a political firestorm.In an opinion piece for the Guardian on Sunday, Bandy Lee, an assistant clinical professor at the Yale School of Medicine who has briefed members of Congress on the risks associated with the president’s behaviour, wrote: “Trump views violence as a solution when he is stressed and desires to re-establish his power.
“Paranoia and overwhelming feelings of weakness and inadequacy make violence very attractive, and powerful weapons very tempting to use – all the more so for their power.
COLUMBIA — The main question as the South Carolina General Assembly convenes Tuesday is how many other issues will lawmakers tackle outside of fixes for the Fairfield County nuclear plant debacle.
The $9 billion fiasco is expected to dominate the 2018 session with legislators considering everything from cutting off customer payments for the unfinished reactors to selling state-owned power provider Santee Cooper…
Nuclear fallout: A pair of South Carolina utilities created a crisis last summer when they abandoned the massive project to build two nuclear power reactors. Aborting the project cost more than 6,000 workers their jobs and left nearly 2 million electric customers on the hook for paying for the partially built reactors.
The House and Senate swiftly created special panels that drew up proposals to force utilities to pay back customers and revamp state regulators. The House went as far as to have committees meet before the General Assembly convened so the bills would be on the floor ready for a vote. (That is expected the second week of the session. Last year’s budget vetoes go first.)
The legislation, if passed, could bankrupt SCANA Corp., an investor-owned utility that was the project’s majority partner, or kill a deal for Virginia’s Dominion Energy to buy SCANA, according to the utilities. Lawmakers insist their top priority is protecting customers from paying for reactors that will never produce any electricity after SCANA deceived the public about the work delays and cost overruns.
The profitability of nuclear plant construction has been worsening all over the world
Nevertheless, the government intends to extend all-out support for the project.
Japanese gov’t to guarantee bank loans for Hitachi’s nuclear plant project in Britainhttps://mainichi.jp/english/articles/20180103/p2a/00m/0na/004000c (Mainichi Japan) The Japanese government is poised to guarantee the full amount of loans that three megabanks will extend for a nuclear plant construction project in Britain by Hitachi Ltd., sources familiar with the project said.
A group of banks, including the three megabanks and the government-affiliated Japa n Bank for International Cooperation (JBIC), will extend approximately 1.5 trillion yen in loans to Hitachi’s atomic power station project.
Of the amount, the government will fully guarantee loans to be extended by the megabanks, while the governmental Development Bank of Japan (DBJ) will support the project by making capital investments. Chubu Electric Power Co. and other utilities are also considering investing in the project.
The state will thus join hands with the private sector in extending all-out support for the project to export a nuclear plant worth some 3 trillion yen.
However, concerns have been raised that if the project were to run into the red, taxpayers could be forced to shoulder the burden.
The project to be covered with loans and investments is an atomic power station that a Hitachi subsidiary in Britain is aiming to build in Anglesey, Britain. The firm hopes to start operations at the plant in the mid-2020s.
Hitachi Ltd. is poised to make a final decision on whether to invest in the project by the end of fiscal 2019. However, Hitachi is consulting with the Japanese and British governments and financial institutions over loans, their guarantees and investment on the grounds that the electronics giant alone cannot take risks.
Japanese financial institutions and the governmental Nippon Export and Investment Insurance (NEXI) offered in December last year to extend financial assistance for the project.
According to the sources, Hitachi estimates the total cost of the project at about 3 trillion yen. Hitachi aims to obtain about 1.5 trillion yen in loans to cover half of the amount while raising another 1.5 trillion yen through investments.
Each of the three megabanks — the Bank of Tokyo-Mitsubishi UFJ, Ltd., Sumitomo Mitsui Banking Corp. and Mizuho Bank, Ltd. — intend to extend loans of more than 100 billion yen, totaling some 500 billion yen. NEXI will guarantee the loans. Hitachi intends to obtain the reminder of the loans from the JBIC and commercial financial institutions in Britain.
The DBJ has notified Hitachi of its intention to make capital investments in the atomic power station project, while Chubu Electric Power and Japan Atomic Power Co. are also considering investing in the venture.
Hitachi has also asked other utilities including Tokyo Electric Power Co. and trading houses to invest in the project in a bid to disperse risks involving the project.
The British government, which is speeding up the construction of nuclear plants, also intends to invest in the project, and Japanese and British Cabinet ministers in charge of energy policy exchanged a memorandum on cooperation in December last year.
The profitability of nuclear plant construction has been worsening all over the world due to an increase in the costs of ensuring safety since the outbreak of the Fukushima nuclear crisis in March 2011, contributing to the financial crisis of Toshiba Corp., another electronics giant.
Nevertheless, the government intends to extend all-out support for the project.
“It’s essential to win a contract on the British project in order to maintain Japan’s nuclear technology,” said a high-ranking official of the Economy, Trade and Industry.
PSEG NUCLEAR SUBSIDY BILL KILLED IN LAME-DUCK SESSION, NJ Spotlight, TOM JOHNSON | JANUARY 4, 2018“………..A controversial bill to subsidize nuclear power plants apparently is dead — at least in the lame-duck session scheduled to end next week, with opposition from too many quarters finally taking a toll.
The legislation, pushed by Public Service Enterprise Group for more than a year, would have asked ratepayers to pony up $300 million annually to help prop up the company’s three nuclear units in South Jersey.
The bill (S-3560), up for a vote in the Senate today, faltered in the lower house when Assembly Speaker Vincent Prieto, a Democrat from Secaucus, balked at posting it. His decision came after a meeting with Gov.-elect Phil Murphy yesterday and rising concern among some lawmakers over the bill being rushed through in the last days of the current session…..http://www.njspotlight.com/stories/18/01/03/pseg-nuclear-subsidy-bill-killed-in-lame-duck-session/
But there is just too much at stake to treat it like a game. The utility industry’s ramped-up efforts to block renewable energy and horde billions of our clean energy dollars to prop up old nukes risks both climate and nuclear disaster. Most of these proposals have been failing, thanks to the dogged persistence of grassroots activists and clean energy groups–and, it must be said, the outrageous sticker price of subsidies the industry needs. In fact, just this week, the two-year saga of FirstEnergy’s $8 billion nuclear-plus-coal bailout plan seems to have ended, with what amounts to a consolation gift to a couple FirstEnergy utility companies. Still an outrageous corporate giveaway, but no subsidies for nuclear or coal, even after it seemed like a done deal a few months ago.
But New York Governor Cuomo’s decision in August to award a 12-year, $7.6 billion subsidy package to four aging reactors–including reversing Entergy’s decision to close the FitzPatrick reactor this coming January–has put wind into the industry’s sails. Even that chapter isn’t over, with lawsuits already being filed and several more expected. And environmental groups this week launched a new campaign to get Governor Cuomo to smell the coffee and cancel what will not only be the largest corporate give-away in the state’s history, but relegate clean energy to second-class status behind old nukes.
The lingering uncertainty hasn’t stopped the industry PR and lobbying machines, though–after all, billions of dollars in free money is at stake! Exelon, FirstEnergy, and other companies touted New York as a national model, and began urging states from Connecticut to Illinois to follow suit. Having to get each state to line up is going to be a tall order. In addition to FirstEnergy’s failed Ohio bailout, Exelon hasn’t been able to sell a much smaller five-year, $1.5 billion subsidy in Illinois. And nukes in Connecticut and New Jersey are still making millions in profits each year, without heaping billions more in subsidies onto ratepayers’ utility bills.
So the industry has started pushing for a national bailout. NIRS thought we should take a look at what that might cost. Next week, we will publish a short report showing that a federal nuclear subsidy based on the EPA’s estimate of the social cost of carbon (as New York approved) would be massively expensive: up to $280 billion by 2030. Even if it were only applied to reactors that are already becoming unprofitable–more than half of the nukes in the country, according to a recent report–it would total at least $160 billion. In Illinois and Pennsylvania alone, it would cost ratepayers in each state $30 billion.
NIRS is launching a petition to the next President urging the new administration to say no to a national nuclear bailout, and to end subsidies for nuclear and fossil fuels. We hope you’ll sign the petition and help us get to our goal of 100,000 signatures. Whoever wins the election in November needs to know that another nuclear bailout isn’t going to fly with the American people.
There is no nuclear bridge to a clean energy future. If we are going to make good on the global climate treaty and prevent runaway global warming, we need to go all in on renewable energy (and efficiency!) and not waste our time and money propping up dirty energy sources. Nobody is even talking about putting the kind of money a national nuclear bailout would cost into climate action. But if we did, we could get off nuclear and fossil fuels in a generation. And maybe save the world.
The delay is another setback for China’s ambitious development programme, which aims to raise its installed nuclear power capacity to 58 gigawatts by the end of 2020 from 34.73GW last year, and the world’s hopes for a successful launch of third-generation nuclear reactors.
They are touted by their designers to be safer and more efficient than second-generation ones, a key selling point after the global nuclear industry was dealt a blow by Japan’s Fukushima disaster in 2011.
“The delays reflect our concerns over the high execution risk for CGN in rolling out its aggressive expansion target and its adoption of a new generation of nuclear technology,” Ada Li, senior analyst at Moody’s, wrote in a note on Tuesday.
“The delays also imply the deferral of cash flows from the two nuclear units and potential additional capital expenditure, which would further pressure CGN’s financial metrics.”
She estimated the two reactors to initially make 5 billion yuan in annual revenues, amounting to 7 per cent of the firm’s 2016 revenues, adding its repeated delays are “credit negative”.
CGN said on Friday the first two generating reactors of the plant in Taishan – 136 kilometres west of Hong Kong – has been delayed to 2018 and 2019, from the second half of 2017 and the first half of 2018 respectively.
“As no nuclear power generating unit with the EPR [Evolutionary Power Reactor] technology has been put into commercial operation across the world … Taishan Nuclear has to conduct more experimental verifications in respect of design and equipment,” it added.
The firm in early 2015 cited a “comprehensive evaluation” of the construction plan and risks for its first delay. In the second delay early last year, it said it the needed to conduct “more experimental verifications in respect of its design and equipment”.
The project was originally expected to come on line in 2015.
Moody’s said the latest postponement will not affect its A3 issuer credit rating on CGN, which has already incorporated a six to 12-month delay.
Dennis Ip, head of Hong Kong and China utilities equities research at Daiwa Capital Markets, believes CGN will have difficulty meeting the revised target, saying in a note that he expects the first unit to start up in the first half of 2019.
Ip a year ago projected the Taishan plant’s investment cost to rise to between 22 and 23 yuan per watt from his previous forecast of 21 yuan. The company, meanwhile, had budgeted it at 14 yuan. Each unit has 1.75 billion watt of capacity.
Nuclear subsidy a poorly considered handout, My Central Jersey, Mauricio Gutierrez, president and chief executive officer, NRG Energy, Princeton Jan. 2, 2018 “…..The nuclear subsidy bill (S3560) currently before the Legislature creates only one winner — nuclear plant owners — and many losers, including millions of business and residential electricity customers. By giving a blatant handout to PSE&G and Exelon to prop up three of their aging nuclear facilities, this legislation amounts to a $300-$400 million energy tax on millions of electricity customers across New Jersey every year. It will increase the cost of electricity and take hard-earned taxpayer dollars out of the pockets of average citizens, only to put it in the coffers of two multi-billion dollar corporations. And it won’t create a single job or additional investment in New Jersey along the way.
This legislation is also unnecessary. PSE&G and Exelon have already revealed that these nuclear plants are profitable today. There’s no emergency, and nothing needs to be done right now.
The State of Connecticut just went through a similar situation. Their legislature defeated a similar nuclear subsidy in 2016 and 2017, and instead decided to responsibly study the issue. With one simple study, Connecticut learned that the facts just didn’t support what the nuclear plant owner had told the state’s legislature — as well as the press, the local chambers of commerce, and even their own employees. The subsidy was completely unnecessary.
At the very least, our Legislature should take the time to conduct an independent study on the profitability of these nuclear plants.
In a decision released Friday, the Ontario Energy Board orders the province’s largest electricity generator to cut “excessive” costs associated with pensions and benefits from its nuclear business’ administration, operations and maintenance budget by $100 million a year until 2021.
The decision comes after OPG, in May 2016, asked for $16.8 billion from the board for a period between 2017 and 2021 — a request that would ultimately lead to an increase in rates. OPG says the request is intended to, in part, help offset the cost of a major nuclear refurbishment project at the Darlington Nuclear Station and the continued operation of the Pickering Nuclear Station past 2020.
The OEB’s decision approves a request for $4.8 billion in costs related to the Darlington refurbishments and $292 million in fees associated with Pickering and says rate increase associated with the request will be retroactively effective from June 1, 2017.
While the final impact will be determined in early 2018, OPG estimated that its application would cost the average ratepayer an additional 65 cents a month over the five-year-period.
CBO Cost Estimation of Nuclear Modernization Omits Hazardous Cleanuphttps://washingtonspectator.org/alvarez-nuclear-cleanup/ High-level radioactive waste pose threats to environment around nuclear management facilities , By Robert Alvarez, ith its $1.2 trillion price tag for the modernization of the U.S. nuclear weapons arsenal and production complex, the U.S. Congressional Budget Office has induced “sticker shock” on Capitol Hill. Yet despite this enormous projected cost for rebuilding the U.S. triad of land, submarine, and bomber nuclear forces, the CBO has in fact lowballed its estimate by excluding the costs for environmental restoration and waste management of the Energy Department’s nuclear weapons complex.
Even though the cleanup of nuclear weapons sites comes from the same congressional spending account as DOE nuclear weapons modernization, the CBO chose to exclude an additional $541 billion in legacy costs. If these costs are included, the total price tag goes to $1.74 trillion over three decades.
The largest of these cleanup costs, at $179.5 billion, is attributed to the stabilization and disposal of high-level radioactive wastes generated from the production of plutonium. The U.S. Government Accountability Office (GAO) informed Congress in 2013 that these wastes are “considered one of the most hazardous substances on earth.”
About 100 million gallons are stored in 227 underground tanks, many larger than state capitol domes and ranging in age from 43 to 73 years. Over 1 million gallons of these contaminants have leaked at the DOE’s Hanford site in Washington state, threatening the Columbia River.
The removal and stabilization of these wastes at Hanford by mixing them with molten glass, at an estimated cost of as much as $72.3 billion, represents the single largest, most expensive, and potentially riskiest nuclear cleanup project ever undertaken by the United States. It’s roughly comparable to the Apollo moon program in cost and risk, except there’s no moon.
Even without factoring in cleanup, an analysis of the DOE costs for the nuclear warheads program shows that while the U.S. nuclear weapons stockpile has shrunk by 56 percent since 2003, the annual per-warhead cost has increased by about 422 percent. This huge cost growth in the nuclear stockpile budget is largely due to ever-growing overhead expenses for abandoned and antiquated structures not formally part of the DOE cleanup program. Many of these facilities contain hazardous materials and have been ignored for several decades.
To keep the lights on, the DOE weapons complex must pay for things like collapses, flooding, fires, and preventing roofs from falling in. In 2015, the DOE Inspector General warned that, “delays in the cleanup and disposition of contaminated excess facilities expose the Department, its employees, and the public to ever-increasing levels of risk [and] lead to escalating disposition costs.”
The Y-12 National Security Complex in Oak Ridge, Tennessee, for instance, has a high-risk “footprint” of abandoned contaminated structures, mostly built in the 1940s, that is 2.5 times larger than the Pentagon building. Although Y-12 has not produced weapons for more than 25 years, its annual budgets have increased by nearly 50 percent since 1997, to more than $1 billion a year.
Over the past 20 years, there have been dozens of fires and explosions at Y-12 involving electrical equipment, glove boxes, pumps, waste containers, and nuclear and hazardous chemicals. Several of these incidents resulted in worker injuries and destruction of property.
As late as September of this year, unstable amounts of highly enriched uranium, called “material at risk” have spontaneously combusted. For more than 20 years, Y-12 has not been able to stabilize its backlog of “materials at risk.”
In a December 2016 DOE report to Congress, the unaccounted-for liability of getting rid of 2,349 of the DOE’s abandoned facilities over the next 10 years was roughly estimated at $32 billion. The DOE finds that among those are 203 unattended “high-risk” facilities and estimates a cost of $11.6 billion to close them down safely.
The most recent high-profile examples of aging-infrastructure risks include the collapse, last May, of a section of tunnel at the Plutonium and Uranium Extraction Facility, known as PUREX, a long-idle component of the sprawling Hanford nuclear site, 200 miles east of Seattle. The tunnel holds an enormous amount of radioactive wastes, and hundreds of workers were forced to seek cover.
And in June of this year, during the process of tearing down a building that was known to contain countless respirable plutonium particles, 31 workers inhaled or ingested plutonium during a work shift, after failing to take necessary precautions. It took four months for the DOE’s contractor to inform the public about the mishap and to tell the workers about their doses.
he costs for the disposition of excess plutonium from the nuclear weapons programs is pegged by GAO at $56 billion. In 2012, the U.S. Government determined that it no longer needed 43.4 metric tons of plutonium for military needs.
The majority of that plutonium is stored in facilities at the DOE’s Pantex Plant near Amarillo, Texas, that were built in the 1940s. The plutonium is densely packed in special containers that are only meant for “interim” storage.
In 2010 and 2017, unexpected 2,000-year rains flooded a major plutonium storage area with several inches of water, which shut down the plant and impacted about 1,000 containers at a cost of hundreds of millions of dollars in recovery funds.
Because plutonium weapon components can become dangerous if mishandled or improperly stored, a Pantex worker told me, while I was working for the DOE’s Secretary, that it was like “having a zoo full of wild animals.”
Because the plutonium disposition program is way over budget and is stalled without a credible path forward, tens of tons of plutonium are likely to remain in these 70-plus-year-old structures awaiting further floods and additional threats to their safety and integrity.
While an ever-growing amount of plutonium will be stored in antiquated structures at the Pantex plant, another 1,000 abandoned facilities will be added to the list of sites requiring specialized disposition over the coming decade. Costs for the disposal of large amounts of hazardous wastes in the abandoned structures are not included in the DOE’s 2016 estimate and are likely to add several billions of dollars more.
When the DOE cleanup program was created in 1990, Congress made sure that it would be paid for from the same pot of money designated for the U.S. arsenal of nuclear warheads. These legacy costs should not be isolated from estimates of the nation’s nuclear weapons budget.
The need to protect the safety and health of workers and the American public from the mess produced by the current and previous nuclear weapons stockpiles should not be ignored as we proceed to deal with the future of nuclear weapons in the 21st century. As former Senator John Glenn of Ohio, a staunch supporter of the Cold War, would often say, “What good is it to protect our nation with nuclear weapons if we poison our people in the process?”
A senior scholar at the Institute for Policy Studies, Robert Alvarez served as senior policy adviser to the Energy Department’s secretary and deputy assistant secretary for national security and the environment from 1993 to 1999. During this tenure, he coordinated the Energy Department’s nuclear material strategic planning and established the department’s first asset management program.
Here in South Carolina, Santee Cooper and SCE&G customers could be stuck paying as much as $9 billion over the next six decades for two new nuclear reactors that will never generate electricity unless lawmakers and regulators effectively intervene on their behalf.
All this is thanks to a 2007 bill that, like a comparable one in Florida, allowed utilities to charge customers up front for large capital projects and then recoup costs later, even if projects were never completed.
In South Carolina, that law led to one massive failure. In Florida it contributed to a handful.
The lesson from Florida is that South Carolinians remain vulnerable until the Base Load Review Act is either repealed or significantly modified. Until then, utilities in the state could theoretically use it to advance other major projects while leaving customers on the hook for the cost.
That shouldn’t be allowed to happen.
Interestingly, Florida never actually repealed its law. Instead, lawmakers added two key words in 2013 that set a much higher bar for getting new projects off the ground – “reasonable” and “feasible.” No nuclear projects have been proposed since then.
It’s almost inconceivable that a law should have to state that building a new nuclear reactor on the backs of millions of ratepayers should be “reasonable” and “feasible.” Any business would be incredibly foolish to pursue such a massive investment that didn’t meet such a minimal standard.
But the BLRA and its Florida equivalent allow, and in fact encourage, utilities to go big by removing any economic risk associated with inherently risky investments.
That was deeply misguided in 2007. It seems unfathomably wrongheaded now in the wake of so many high-profile failures across the Southeast.
In South Carolina, utilities must prove that their nuclear costs were “prudently incurred” before passing them on to customers under the BLRA. SCE&G and Santee Cooper did not likely meet even that low bar.
The two nuclear reactors that were abandoned in July have been plagued by delays and cost overruns almost since construction began in 2009. At least one professional report by engineering firm Bechtel in 2015 found serious flaws in design and management and raised questions about the project’s feasibility.
But work proceeded, customers continued to pay higher rates, and utility executives kept telling lawmakers and regulators that construction on the reactors was proceeding appropriately. That’s certainly not “prudent.”
Lawmakers must now make it a priority when they return to session in January to help SCE&G and Santee Cooper customers recover as much money as possible and avoid paying higher electric bills for decades for a failure that was entirely out of their hands.
They must also undo the law that made that failure possible in the first place. Otherwise – as in Florida – South Carolina’s first nuclear disaster might not be its last.
Cheap renewables undercut nuclear power, The technology advances and plunging costs of cheap renewables make base load nuclear power redundant. Climate News Network, by Paul Brown, LONDON, 29 December, 2017 “………Completion doubts
Even the former UK energy secretary Sir Edward Davey, who signed off on the Hinkley Point deal, said “the economics have clearly gone away.” He doubted that the building would ever be completed, he told Greenpeace in an interview.
All the other UK nuclear projects are still at various stages of planning, and how any of them will be paid for is yet to be worked out. It is already clear that none can be financed without government subsidy.
An important political development in 2017 was that for the first time both the US and the UK admitted that their support for the nuclear industry is linked to the need to maintain their military capability in nuclear submarines and personnel. This is key, because both powers have previously claimed that there is no link between civil and military nuclear industries.
Even before their admission it was already clear that the big economies which have no nuclear weapons, like Germany, can see no point in having a civil nuclear industry.
Export drive
That does not stop smaller countries, some without any nuclear power stations at all at present, signing agreements with the Russian state-owned company Rosatom. In what many see as a Russian policy to extend its international influence, Rosatom already says it is building reactors in Belarus, China, India, Bangladesh, Hungary, Turkey, Finland and Iran, and is seeking to expand, with tenders in for 23 other reactors abroad.
Fears of another Fukushima as Tepco plans to restart world’s biggest nuclear plant, Consent given to turn reactors at the massive Kashiwazaki-kariwa plant back on, but Japanese worry over active fault lines and mismanagement, Guardian Justin McCurry , 28 Dec 17, If a single structure can define a community, for the 90,000 residents of Kashiwazaki town and the neighbouring village of Kariwa, it is the sprawling nuclear power plant that has dominated the coastal landscape for more than 40 years.
When all seven of its reactors are in operation, Kashiwazaki-kariwa generates 8.2m kilowatts of electricity – enough to power 16m households. Occupying 4.2 sq km of land along the Japan Sea coast, it is the biggest nuclear power plant in the world.
But today, the reactors at Kashiwazaki-kariwa are idle. The plant in Niigata prefecture, about 140 miles (225km) north-west of the capital, is the nuclear industry’s highest-profile casualty of the nationwide atomic shutdown that followed the March 2011 triple meltdown at Fukushima Daiichi.
Now, the same utility, Tokyo Electric Power [Tepco], is attempting to banish its Fukushima demons with a push to restart two reactors at Kashiwazaki-kariwa, one of its three nuclear plants. Only then, it says, can it generate the profits it needs to fund the decommissioning of Fukushima Daiichi and win back the public trust it lost in the wake of the meltdown.
This week, Japan’s nuclear regulation authority gave its formal approval for Tepco to restart the Kashiwazaki-kariwa’s No. 6 and 7 reactors – the same type of boiling-water reactors that suffered meltdowns at Fukushima Daiichi.
After a month of public hearings, the nuclear regulation authority concluded that Tepco was fit to run a nuclear power plant and said the two reactors met the stricter safety standards introduced after the 2011 disaster.
Just before that decision, Tepco gave the Guardian an exclusive tour of what it claims will be the safest nuclear plant in the world…….
‘This is no place for a nuclear power plant’
The public, however, is far from convinced. Last year, the people of Niigata prefecture registered their opposition to the utility’s plans by electing Ryuichi Yoneyama, an anti-nuclear candidate, as governor. Exit polls showed that 73% of voters opposed restarting the plant, with just 27% in favour.
Yoneyama has said that he won’t make a decision on the restarts, scheduled for spring 2019, until a newly formed committee has completed its report into the causes and consequences of the Fukushima disaster – a process that could take at least three years.
For many residents, the plant’s location renders expensive safety improvements irrelevant. “Geologically speaking, this is no place for a nuclear power plant,” says Kazuyuki Takemoto, a retired local councillor and a lifelong anti-nuclear activist.
Takemoto cites instability caused by the presence of underground oil and gas deposits in the area, and evidence that the ground on which Tepco’s seawall stands is prone to liquefaction in the event of a major earthquake.
Local critics have pointed to the chaos that could result from attempting to evacuate the 420,000 people who live within a 30km radius of Kashiwazaki-kariwa. “That’s more people than lived near Fukushima, plus we get very heavy snowfall here, which would make evacuating everyone impossible,” Takemoto adds. “The situation would be far worse than it was in Fukushima.”
Adding to their concerns are the presence of seismic faults in and around the site, which sustained minor damage during a magnitude-6.6 offshore earthquake in 2007. Two active faults – defined by nuclear regulators as one that has moved any time within the last 400,000 years – run beneath reactor No. 1.
South Carolina Spent $9 Billion on Nuclear Reactors That Will Never Run. Now What?The legislature must decide whether residents will keep being charged, possibly for decades, for the failed project. Governing. BY ALAN GREENBLATT| JANUARY 2018 It has to be one of the greatest wastes of money in any state’s history. Last summer, two utility companies halted construction on nuclear reactors in South Carolina. They had already sunk more than $9 billion into the project, which will never be completed or generate a kilowatt of power. The state is now trying to figure out who’s to blame, and who will pay.
The story started a dozen years ago. Back in 2006, South Carolina, along with several other states, passed legislation to try to jumpstart the moribund nuclear construction industry………
Customers have already been billed some $2 billion for the reactors. Under current regulations, the utilities continue to collect $37 million per month. That means the average ratepayer is paying an additional $250 per year, or 18 percent of the bill. This could go on for 60 years. “You will literally have your children and grandchildren pay for this mistake,” says Bursey.
Some legislators have argued that consumers shouldn’t be on the hook for the billions already charged. But it may not be legally possible to recover the money. It may not even be feasible. The utilities don’t have the cash to give back, even if they wanted to. “That would be the fair thing, but it’s not realistic,” Massey says.
Instead, the fight in the legislature this year will be about whether to curtail additional payments going forward. Needless to say, the utilities are opposed to that idea. They insist they must collect the money, or they won’t be able to continue operating or have access to capital. They aren’t sympathetic actors, but Santee Cooper is state-owned so legislators will have to take its concerns seriously…..http://www.governing.com/topics/transportation-infrastructure/gov-south-carolina-nuclear-reactors.html
Final negotiations for Areva reprocessing plant in China, Les Echos, Frédéric Schaeffer, Correspondant à Pékin, 26 Dec 17, Areva’s president was in Beijing on Thursday. Paris hopes to sign an agreement during Emmanuel Macron’s visit to China in early January. The contract would be around ten billion euros for Areva……
“There have been comprehensive discussions with many Chinese officials in France and French in Planned over 10 years. This project could be agreed upon during the visit of Emmanuel Macron early January in the Middle Kingdom. “We are accelerating the final negotiations in view of the President’s visit” ….”the visit of Emmanuel Macron will mark a key stage” – French nuclear officials
…. The stakes are crucial for New Areva, the agency resulting from the restructuring of the French nuclear industry and now refocused on the fuel cycle. This could be the key – with a contract of ten billion euros. …. CNNC originally chose the coastal city of Lianyungang to locate the plant. But that announcement had sparked violent protests last year, forcing a halt to preliminary work. Since then, CNNC and the government have examined several coastal sites but have been careful not to make their choice known.https://www.lesechos.fr/industrie-services/energie-environnement/0301060536871-ultimes-negociations-pour-lusine-de-retraitement-dareva-en-chine-2141002.php