New York readies for nuclear energy from aging power plants OSWEGO, N.Y. — When the Nine Mile Point reactor first went online, Richard Nixon was president, the Beatles were still a band and Three Mile Island, Chernobyl and Fukushima weren’t yet bywords for the hazards of nuclear power. Almost 50 years later, New York state … Continue reading #New_York readies for nuclear energy from aging power plants
What’s really killing America’s nuclear plants The premature shutdown of America’s nuclear power plants is nothing short of a national catastrophe, writes Jarret Adams. The agreement to close prematurely the Indian Point Energy Center north of New York City felt like a gut punch. The latest in a string of closure announcements, Indian Point hurts … Continue reading What’s really killing America’s nuclear plants
2016 — The Year In Nuclear Nuclear energy and nuclear weapons had quite a year in 2016. Our new President-elect made nuclear more front and center than it has been in decades, coming out in favor of nuclear power and discussing nuclear weapons in an open, if frightening, way. With regard to weapons, the two … Continue reading 2016 — The Year In Nuclear
Duke Energy may take handguns from security at nuclear plants CHARLOTTE, N.C. – Two Duke Energy insiders said they’re risking their jobs to speak out about a proposal aimed at taking handguns away from nuclear security officers. Duke Energy operates six nuclear power plants in the Carolinas. They’re among the most highly secured and fortified … Continue reading #Duke_Energy may take handguns from security at nuclear plants
Nuclear Energy May Rise Again A different kind of nuclear reactor may be in the offing now that Terrestrial Energy has cleared a hurdle to get financing. The US Department of Energy has just asked it to submit the second part of an application to get a loan guarantee. In 2014, the Energy Department said … Continue reading Nuclear Energy May Rise Again
What Would the United States Look Like Without Nuclear Energy? Some environmental groups want to see all nuclear power plants close their doors for good, but that wouldn’t be such a great idea if we want to reduce emissions. Nuclear energy is being pressured across the United States. In recent years nearly one dozen nuclear … Continue reading What Would the United States Look Like Without Nuclear Energy?
Should Consumers Pay Surcharge to Help Defray Cost of Nuclear Energy? PSEG argues that nuclear units should be awarded zero-emission credits, similar to those used to subsidize solar, another carbon-free source of power The state subsidizes solar installations through a surcharge on consumers’ utility bills, an expense that likely will be expanded to finance offshore … Continue reading Should Consumers Pay Surcharge to Help Defray Cost of Nuclear Energy?
PNM’s purchase of nuclear energy questioned New Mexico regulators resumed a hearing Monday on a rate increase sought by Public Service Company of New Mexico, which says it needs the money to offset the purchase of electricity from a nuclear power plant in Arizona and its investments in alternative energy. Regulators and lawyers questioned whether … Continue reading PNM’s purchase of nuclear energy questioned
Where Does Wall Street See Nuclear Energy Going? Capital markets assess risks and business prospects. If they like something, the money flows. If not, pity the firm trying to raise funds. This is particularly the case for nuclear power, because cost of capital makes up a large part of its overall costs. Sometimes the market, … Continue reading Where Does Wall Street See Nuclear Energy Going?
The U.S. Nuclear Boom Has Turned Into a Dud One of America’s biggest nuclear power plant owners doesn’t see a future for two of its plants. Five years ago, we were supposed to be entering a nuclear renaissance. A string of new nuclear plants were being planned and there were loan guarantee programs in place … Continue reading The U.S. Nuclear Boom Has Turned Into a Dud
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