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Friday
Jan042013

Arnie Gundersen: "something does not make sense here"

Arnie Gundersen of Fairewinds AssociatesCommenting on the loud rumors that Entergy Nuclear's Vermont Yankee -- and other relatively small, single unit, four decade old atomic reactors -- may be forced to "retire" due to "economic reasons" (such as the inability to afford needed major safety repairs), Arnie Gundersen of Fairewinds Associates had this question:

"The US is building new nuclear plants in Georgia and SC that cost $20 billion while at the same time contemplating the shutdown of dozens of older reactors that cost $200M …. something does not make sense here."