At the end of October, I was able to attend a briefing of the U.S. Nuclear Regulatory Commission (NRC) Commissioners on the project status of TVA’s Watts Bar 2, which has been under construction since 1973 and was most recently “revived” in 2007. Amazingly, TVA and the nuclear industry is touting this as the first [...]
Hint: this isn’t a hard question to answer if you look back at the nuclear power industry’s track record. And the answer is? Drum roll please… All five nuclear reactors presently under construction in the U.S. are… delayed and over budget. That’s 100%! Every single one… SCANA now joins other utilities including Tennessee Valley Authority and [...]
This editorial by Joeff Davis in Creative Loafing Atlanta was originally published on September 25, 2014 and the direct link can be accessed here. We appreciate receiving their approval to repost this as a SACE guest blog post. Money and Power – How much will Georgia Power’s reactors cost us? Have you glanced at your [...]
This is a guest post by John Rogers, senior energy analyst with the Union of Concerned Scientists (UCS) and co-manager of the Energy and Water in a Warming World Initiative (EW3) that looks at water demands of energy production in the context of climate change. SACE is an active partner with UCS on this critical [...]
SACE’s High Risk Energy Choices program director, Sara Barczak, contributed to this blog post from Whitney Rappole, 2014 graduate of Emory Law School and former Turner Environmental Law Clinic student. As a student attorney at the Turner Environmental Law Clinic at Emory University School of Law, I was given the opportunity to join the Clinic in representing [...]
The public policy position of Exelon is to oppose subsidies for wind and solar while the company itself purports to be this super-green company and also wants more subsidies for nuclear. That’s just hypocritical.
Why is the nuclear industry in such dire straits? Mainly because of cheap natural gas and dampened electricity demand due to energy efficiency programs and a sluggish economy. The most vulnerable plants are in states with deregulated electricity markets, such as Illinois. Unlike regulated utilities, which are guaranteed an annual rate of return, these “merchant” plants sell power on the wholesale market and are being underpriced by their competition.
Southern Company’s water-hogging Plant Vogtle aims to get even thirstier if the proposed two new nuclear reactors under construction receive approval from the Georgia Environmental Protection Division (EPD) for a large water withdrawal permit from the already imperiled Savannah River. The state agency is considering a permit request for up to 74 million gallons per [...]
Earlier this week, shocking news was released regarding $6.5 billion in taxpayer-backed federal loan guarantees for two new nuclear reactors at Plant Vogtle in Georgia. Two partners in the project, Georgia Power (subsidiary of Southern Co.) and Oglethorpe Power, had to pay $0, zip, nothing for something known as the “credit subsidy fee” — essentially [...]
This blog post by Dave Lochbaum, director of the Nuclear Safety Project with the Union of Concerned Scientists, originally ran on March 4, 2014 in their All Things Nuclear: Insights on Science and Security blog as part of their ongoing Nuclear Energy Activist Toolkit (NEAT) series. Find the original post here. Mr. Lochbaum’s blog is [...]