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

Reply #6: Did you read the link in OP? Also, in your calculations, did you include the actual [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 08:08 PM
Response to Reply #5
6. Did you read the link in OP? Also, in your calculations, did you include the actual
Edited on Wed Jul-15-09 08:16 PM by lindisfarne
storage costs (when not paid by US government) for tens of thousands of years, decommissioning, and so on? I didn't see them listed.

If nuclear is such a smart business opportunity, why did no bid come in with a lower price AND meet the conditions they established?

==== From link in OP: (original article in Toronto Star )
The bid from Frances Areva NP also blew past expectations, sources said. Arevas bid came in at $23.6 billion, with two 1,600-megawatt reactors costing $7.8 billion and the rest of the plant costing $15.8 billion. It works out to $7,375 per kilowatt, and was based on a similar cost estimate Areva had submitted for a plant proposed in Maryland.

Stevens said Arevas lower price makes sense because the French company wasnt prepared to take on as much risk as the government had hoped. This made Arevas bid non-compliant in the end. Crown-owned AECL, however, complied with Ontarios risk-sharing requirement but was instructed by the federal government to price this risk into its bid. Which is why it came out so high, said Stevens.

Hamilton explains on his blog, Areva was deemed non-compliant, however, likely because Areva wouldnt guarantee the price.
So, Areva bids 23.6 billion, which you claim is hugely extravagant, yet Areva refuses to guarantee the price.

Your explanation?
Based on your claims, Areva should be making HUGE profits, yet they won't guarantee the price?
Printer Friendly | Permalink |  | Top

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

Powered by DCForum+ Version 1.1 Copyright 1997-2002
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