An official of another energy company that had considered
new reactor projects said, «We're going to build gas [generators] and that's the way it is.
Not exact matches
May stunned investors by putting Hinkley on hold in July, just hours before a deal was to be signed, saying she needed time to assess the
project under which French utility firm EDF would build Britain's first
new nuclear
reactor in decades, backed by $ 8 billion of Chinese cash.
But by its own estimates, the U.S. nuclear industry can handle only about two
new nuclear
reactor projects annually at its present - day capacity.
Now NRG Energy, based in Princeton,
New Jersey, is sticking its neck out with plans to build two new nuclear reactors at the South Texas Project facility near Bay Ci
New Jersey, is sticking its neck out with plans to build two
new nuclear reactors at the South Texas Project facility near Bay Ci
new nuclear
reactors at the South Texas
Project facility near Bay City.
The situation is no better in Europe, according to Steven Thomas, a professor of energy studies at the University of Greenwich in London: Finland can not complete its
new reactor; the U.K. has yet to get started on any
projects; and a
new nuclear
reactor in France, after 18 months of construction, is 20 percent overbudget and requires complete subsidy by the French government.
And DOE was told not to spend more than $ 115 million on the U.S. contribution to ITER, the international fusion
reactor being built in France, until ITER officials present a
new schedule for the troubled
project.
* Update, 28 February, 3 p.m.: The executive summary of the report on management of the international ITER fusion
reactor project was published today by The
New Yorker.
In October Constellation Energy pulled out of a bid to build a
new reactor at Calvert Cliffs in Maryland, among other U.S. nuclear
projects that have recently been dropped or delayed.
Constellation Energy has shelved its proposal to build a
new reactor at its Calvert Cliffs nuclear power plant, Obama administration officials said Friday, even though the administration had decided to award the
project a $ 7.5 billion loan guarantee.
However,
projected costs for
new nuclear
reactors have historically been underestimated and construction costs of all
new energy facilities have recently risen.
In fact, nuclear capacity has declined over the last four years, a trend which is
projected to continue, regardless of planned
new reactor startups.
And two proposed
reactors at the South Texas
Project are among plans for more than 25
new reactors throughout the country.
But construction on the two
new US
reactors is moving ahead, though most other utilities are waiting to see if these
projects can come in on time and on budget.
The
new FOA covers three funding pathways: First - of - a-Kind (FOAK) Nuclear Demonstration Readiness
Project pathway, intended to address major advanced
reactor design development
projects or complex technology advancements for existing plants which have significant technical and licensing risk, and have the potential to be deployed by the mid-to-late 2020s; Advanced Reactor Development Projects pathway, covering a broad scope of concepts and ideas that could improve the capabilities and commercialisation potential of advanced reactor designs and technologies; and Regulatory Assistance Grants, providing support towards obtaining certification and licensing approvals for advanced reactor designs and capab
projects or complex technology advancements for existing plants which have significant technical and licensing risk, and have the potential to be deployed by the mid-to-late 2020s; Advanced
Reactor Development
Projects pathway, covering a broad scope of concepts and ideas that could improve the capabilities and commercialisation potential of advanced reactor designs and technologies; and Regulatory Assistance Grants, providing support towards obtaining certification and licensing approvals for advanced reactor designs and capab
Projects pathway, covering a broad scope of concepts and ideas that could improve the capabilities and commercialisation potential of advanced
reactor designs and technologies; and Regulatory Assistance Grants, providing support towards obtaining certification and licensing approvals for advanced
reactor designs and capabilities.
Although these 64
reactors add up to some 62,000 megawatts of potential
new capacity, fewer than one in four has a
projected date for connecting to the electrical grid.
American utilities have taken a very short - term view on
project pay - back and cite $ 7,500 + per - kW prices on
new reactors and outlandish per - kWh costs to customers (Lovins has a piece denouncing nuclear because of this, but he doesn't take into consideration that its been done much cheaper elsewhere).
n guarantees were approved at the end of 2007, making U.S. taxpayers the co-signers on l... s for
new reactors and uranium enrichment
projects, half of which are predicted to default.
It is hard to see how construction of
new reactors would be proposed again for the South Texas
Project (rejected owing to foreign ownership) with Austin getting solar power at $ 0.05 / kWh.
And though the Nuclear Regulatory Commission recently approved the first
new nuclear
reactors in decades, the
projects have been plagued by delays and high costs.
This ruling allows regulators to «avoid careful consideration of serious environmental and human health impacts associated with a plan to build
new nuclear
reactors at the Darlington site on Lake Ontario — including the consequences of a major nuclear accident — during the
project's environmental assessment.»