Wednesday
Jul242019
Nuclear Costs
Estimates for new reactor construction costs continue to sky-rocket. Conservative estimates range between $6 and $12 billion per reactor but Standard & Poor's predicts a continued rise. The nuclear power industry is lobbying for heavy federal subsidization including unlimited loan guarantees but the Congressional Budget Office predicts the risk of default will be well over 50 percent, leaving taxpayers to foot the bill. Beyond Nuclear opposes taxpayer and ratepayer subsidies for the nuclear energy industry.
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July 24, 2019Tuesday
Jul232019
Ohio Passes Controversial Bill to Bail Out Nuclear and Coal Plants
House Bill 6 passed amid broad opposition, propping up bankrupt FirstEnergy Solutions’ nuclear plants while undercutting renewables.