You are viewing an obsolete version of the DU website which is no longer supported by the Administrators. Visit The New DU.
Democratic Underground Latest Greatest Lobby Journals Search Options Help Login
Google

Reply #1: Yes. When all the real costs of nuclear, including storage of waste,decommissioning,&true liability [View All]

Printer-friendly format Printer-friendly format
Printer-friendly format Email this thread to a friend
Printer-friendly format Bookmark this thread
This topic is archived.
Home » Discuss » Topic Forums » Environment/Energy Donate to DU
lindisfarne Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jul-15-09 07:44 PM
Response to Original message
1. Yes. When all the real costs of nuclear, including storage of waste,decommissioning,&true liability
costs are included nuclear no longer looks so cheap. Energy companies in the US want to be absolved of liability & decommissioning (storage, once passed on to federal gov. is no longer their headache, either) = so they take massive profits and pass the biggest costs onto the taxpayer.

http://climateprogress.org/2009/01/05/study-cost-risks-... /
Estimates for new nuclear power place these facilities among the costliest private projects ever undertaken. Utilities promoting new nuclear power assert it is their least costly option. However, independent studies have concluded new nuclear power is not economically competitive.

Given this discrepancy, nuclears history of cost overruns, and the fact new generation designs have never been constructed any where, there is a major business risk nuclear power will be more costly than projected. Recent construction cost estimates imply capital costs/kWh (not counting operation or fuel costs) from 17-22 cents/kWh when the nuclear facilities come on-line. Another major business risk is nuclears history of construction delays. Delays would run costs higher, risking funding shortfalls. The strain on cash flow is expected to degrade credit ratings.

Generation costs/kWh for new nuclear (including fuel & O&M but not distribution to customers) are likely to be from 25 30 cents/kWh. This high cost may destroy the very demand the plant was built to serve. High electric rates may seriously impact utility customers and make nuclear utilities service areas noncompetitive with other regions of the U.S. which are developing lower-cost electricity.
=====
Yet the pro-nuke folks keep saying it's the better option.
Printer Friendly | Permalink |  | Top
 

Home » Discuss » Topic Forums » Environment/Energy Donate to DU

Powered by DCForum+ Version 1.1 Copyright 1997-2002 DCScripts.com
Software has been extensively modified by the DU administrators


Important Notices: By participating on this discussion board, visitors agree to abide by the rules outlined on our Rules page. Messages posted on the Democratic Underground Discussion Forums are the opinions of the individuals who post them, and do not necessarily represent the opinions of Democratic Underground, LLC.

Home  |  Discussion Forums  |  Journals |  Store  |  Donate

About DU  |  Contact Us  |  Privacy Policy

Got a message for Democratic Underground? Click here to send us a message.

© 2001 - 2011 Democratic Underground, LLC