More Than Half of America’s Nuclear Reactors Are Losing Money More than half of America’s nuclear reactors are bleeding cash, racking up losses totaling about $2.9 billion a year, based on a Bloomberg New Energy Finance analysis. Nuclear power plants are getting paid $20 to $30 a megawatt-hour for their electricity, Nicholas Steckler, an analyst … Continue reading More Than Half of America’s Nuclear Reactors Are Losing Money
Palo Verde nuclear plant still ran after backup equipment exploded For 57 days last year and early this year, one of the nuclear reactors at the Palo Verde Nuclear Generating Station west of Phoenix kept running after an explosion knocked a backup generator out of service. Experts at the Nuclear Regulatory Commission disagreed strongly over … Continue reading #Palo_Verde nuclear plant still ran after backup equipment exploded
EIA Meeting to Examine Future of U.S. Nuclear Power The announcement by Exelon Corporation late last month that it will “prematurely retire” its Three Mile Island Generating Station two years from now, barring state legislative relief, is not the only worrisome sign on the horizon for the U.S. nuclear power industry. The U.S. Energy Information … Continue reading EIA Meeting to Examine Future of U.S. Nuclear Power
Energy Department Invests Nearly $67 Million to Advanced Nuclear Technology WASHINGTON, D.C. –Today, the U.S. Department of Energy (DOE) announced nearly $67 million in nuclear energy research, facility access, crosscutting technology development, and infrastructure awards in 28 states. In total, 85 projects were selected to receive funding that will help advance innovative nuclear technologies. This … Continue reading Energy Department Invests Nearly $67 Million to Advanced Nuclear Technology
Natural Gas Industry Blasts Nuclear Power With Fake News Natural Gas, the darling energy source of the millennia, has decided it needs to take down its biggest competitor – nuclear power. The American Petroleum Institute has flooded the airwaves in Ohio and Pennsylvania with anti-nuke commercials and has even drawn AARP into the fray by … Continue reading Natural Gas Industry Blasts Nuclear Power With #Fake_News
Renewable Energy Outproduces Nuclear In The U.S. The EIA released the latest edition of their Electric Power Monthly on May 25th, with data for March 2017. March data includes some milestones which are significant in that these circumstances have not existed for a very long time, if ever. • The contribution from solar reached just … Continue reading Renewable Energy Outproduces Nuclear In The U.S.
Georgia Power Enters into New Agreements with Toshiba and Westinghouse for Vogtle Nuclear Expansion Georgia Power, the largest electric subsidiary of Southern Company, has entered into a new agreement with Toshiba, the parent company of Vogtle contractor Westinghouse. The agreement, approved by the U.S. Department of Energy, affirms the value of Toshiba’s guarantee at $3.68 … Continue reading #Georgia_Power Enters into New Agreements with #Toshiba and #Westinghouse for #Vogtle Nuclear Expansion
Bailout of 2 Ohio nuclear plants stalls in Statehouse CLEVELAND — A proposed bailout for Ohio’s two nuclear power plants that would lead to rate increases for FirstEnergy customers appears to be stalled in the Legislature. One legislative committee considering the idea suspended testimony last month amid protests against the plan while another committee held … Continue reading Bailout of 2 #Ohio nuclear plants stalls in Statehouse
As nuclear power plants fail, natural gas becomes competitive If a business can’t make money, should the government be mandating that customers pay more to keep that business from failing? That’s what’s happening in New York and Illinois, where customers’ monthly electric bills are slated to increase to keep financially failing nuclear power plants afloat. … Continue reading As nuclear power plants fail, natural gas becomes competitive
Ohio voters reject bailouts for nuclear power companies, says new poll COLUMBUS, Ohio, June 7, 2017 /PRNewswire-USNewswire/ — API Ohio today released a new poll showing that the overwhelming majority of Ohio voters oppose legislation that would allow FirstEnergy to charge its customers with a special fee to increase funding to its nuclear power plants. … Continue reading #Ohio voters reject bailouts for nuclear power companies, says new poll
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