Tag Archives: Renewable Energy Standard

New York Just Proved Why Bailing Out Nuclear Power Is a Bad Idea

billiondollars

New York approved a $7.6-$10 billion subsidy to prop up uncompetitive nuclear power plants–twice as much money as it will take for the state to achieve a goal to generate 50% of its electricity with renewables by 2030.

Yesterday, New York became the first state to adopt a policy to subsidize aging, uncompetitive nuclear reactors. The state’s Public Service Commission, which regulates utility companies, passed a Clean Energy Standard that combines a 50% renewable energy standard by 2030 with massive subsidies to prop up uneconomical reactors. (You can download the whole PSC order here.)

Prepare yourself for loud celebrations from the nuclear industry, heaping praise on New York Governor Andrew Cuomo and calling for other states to emulate the Empire State with lucrative incentives to insulate the nuclear industry from competition and to postpone closures of uneconomical reactors.

We hate to throw water on the parade, but the move actually proves what a bad idea it is to provide subsidies like this to prop up nuclear power. Let’s jump to the punch line, then we can fill in the blanks: New York just committed to spending twice as much money propping up old nuclear reactors than on new renewable energy, to get 2-3 times less energy from nuclear as renewables in the end.

Spend more, get less electricity, get more carbon emissions–and get a lot of radioactive waste. Continue reading

FirstEnergy wants a big bailout too

FirstEnergy's decrepit Davis-Besse reactor has been one of the least reliable reactors in the nation, with a long history of serious safety problems.

FirstEnergy’s decrepit Davis-Besse reactor has been one of the least reliable reactors in the nation, with a long history of serious safety problems.

The two largest nuclear power utilities, Exelon and Entergy, aren’t the only ones looking for ratepayer bailouts for uneconomic power plants. Add Ohio’s FirstEnergy to the list, which is seeking subsidies that the Ohio Consumers Counsel puts at $3 Billion to keep its Davis-Besse reactor and some old, decrepit coal plants operating.

The portion for Davis-Besse alone is at least $171 million/year and NIRS estimates that the actual price tag may be $225 million/year above the market rate for electricity. Continue reading

The utility pushback against clean energy accelerates

A wind farm in south-central Kansas. Wind has brought enormous benefits to the state over the past decade. Is the state ready to throw that away for ideological reasons?

A wind farm in south-central Kansas. Wind has brought enormous benefits to the state over the past decade. Is the state ready to throw that away for ideological reasons?

We have been saying for months that the nuclear and coal industries are on the ropes–that’s true and grows more evident daily. But on the ropes doesn’t mean dead, and, as we have been warning for months, large, wealthy industries like these don’t go down easily.

NIRS’ Tim Judson laid out the industry’s plans in his September paper, Killing the Competition, and the industry is following the script he predicted. Now, in the lull between the comment period of the EPA’s Clean Power Plan and its final revision, followed by each state having to develop a State Implementation Plan, the nuclear and fossil fuel industry’s pushback against the clean energy future that threatens to make them extinct is accelerating across the country. Continue reading

Nuclear Newsreel, Thursday, March 6, 2014

Nuclear Power

On Monday (Nuclear Newsreel, March 3, 2014) we admitted we had no idea how China could say that two new Westinghouse AP 1000 reactors it plans to build would cost only about $2.5 billion each; after all, current cost estimates for the two reactors of the same design being built at the Vogtle site in Georgia  are about $8 billion each. That’s a big difference and can’t simply be attributed to lower labor wages.

That sparked the interest of Doug Koplow at EarthTrack.net, who has been examining energy subsidies–especially hidden ones–for years. In a post on his site today, he explains that direct government ownership of the project coupled with China’s lack of transparency enable the government to hide many indirect costs that U.S. companies cannot: “It is likely that somewhere in China, somebody knows how much money has been fronted by the government to each part of their nuclear infrastructure.  One should not expect that analysis ever to see the light of day, however.”

His piece also has a warning for the U.S. nuclear industry:

“The US nuclear industry likes to point to Asian costs as the “real” economics of nuclear builds.  They frequently blame nuclear opponents for their economic troubles, arguing that irrational opposition drives up costs by elevating safety standards and plant delays unnecessarily.  If only they could just get on with their work, the argument goes, new reactors would be very inexpensive even in the United States.

Such arguments are actually unhelpful, even to the industry itself.  They deflect attention from real structural problems in the way they operate and manage risk, and the sooner they fix those problems, the sooner they have a chance of a competitive market offering without the coddling hand of government.”

The bottom line is that Chinese cost announcements have to be taken with several grains of salt, while U.S. nuclear boosters need to get over the idea that nuclear reactors can be built at the prices China claims. The reality is: they can’t.

Wind power overtook nuclear power in China in 2012, and hasn't looked back. Graph from EPI.

Wind power overtook nuclear power in China in 2012, and hasn’t looked back. Graph from EPI.

Meanwhile, the Earth Policy Institute reports that wind power overtook nuclear power in Chinese generating capacity in 2012 and has widened its lead since. Wind now provides 91 GW of capacity in China–more than any other country in the world. And wind is expected to continue its rapid growth there: China is now building the world’s largest ultra-high-voltage transmission system which will enable it to add more wind power; last year wind power had to be curtailed because of lack of transmission capacity.

The California Public Utilities Commission (CPUC) has told Pacific Gas & Electric (PG&E) that it must address eleven separate issues before it can re-apply to use ratepayer money to seek a 20-year extension of the operating licenses for its two Diablo Canyon reactors. The issues aren’t just niggling little details either. They include the site’s seismic vulnerability, high-level radioactive waste storage and upgrading its once-through cooling system to limit the severe damage to animal and marine life the plant has been causing to the California coast.

The discovery a few years ago of the Shoreline fault near Diablo Canyon has shaken things; while PG&E has tried to downplay the significance of the faultline, it has yet to convince anyone that the reactors could withstand an earthquake the fault could conceivably deliver. As for the waste, despite the installation so far of 23 dry cask storage units, the reactors’ fuel pools remain overstuffed–holding about four times as much high-level waste as their original design basis allows.

Addressing the once-through cooling system will most likely require construction of cooling towers. One estimate of the cost of such a project is $12 Billion. But many believe that estimate is a deliberate “highball” figure–one designed to ensure the CPUC will not require cooling towers because the expense would be ludicrous. Indeed, cooling towers proposed for other once-through cooling sites, such as Indian Point in New York, have not come with cost estimates anywhere near that high. Under CPUC rules, the commission can exempt PG&E from the requirement to fix the problem if the costs are prohibitive–as $12 Billion cooling towers certainly would be (unless, perhaps, if they’re gold-plated). But towers that cost what they should cost–in the low billions–probably would still make license extension of Diablo Canyon uneconomical even if they couldn’t be considered prohibitive. And that’s what PG&E is afraid of.

Next week, the Bulletin of Atomic Scientists will publish in book form an updated and expanded version of the Independent Investigation Commission on the Fukushima Daiichi Nuclear Accident. That Commission found that human factors played as large a role in the Fukushima disaster as did the initiating earthquake and tsunami and warned that these lessons have still not been learned.

As Dr. Yoichi Funabashi, chairman, Rebuild Japan Initiative Foundation and report co-author, put it: “Three years after March 11, 2011, this crisis has not ended, because of the unsolved issue of the contaminated water and the fact that there has been little change in the human side of the equation:  the whole system of Japan’s governance and leadership on nuclear matters.  Putting aside the question of the issues with nuclear technology, the human factor that led up to the Fukushima crisis must remain a major concern.  We need to learn the Fukushima lessons more seriously in pursuing a new way of decision-making, a new way of crisis management, a new form of governance and leadership.  Otherwise, we run the risk of an even more disastrous situation in which Japan would have gained little in terms of wisdom from the Fukushima experience.”

The book, titled The Fukushima Daiichi Nuclear Power Station Disaster:  Investigating the Myth and Reality, identifies “lack of unified and independent regulatory controls,” “faulty management oversight,” and “false sense of infallible technology” as critical issues contributing to the disaster and that remain essentially unaddressed.

Buffalo's Peace Bridge. Rush hour wouldn't seem the best time for a shipment of liquid high-level radioactive waste.

Buffalo’s Peace Bridge. Rush hour wouldn’t seem the best time for a shipment of liquid high-level radioactive waste.

Canadian officials say no high-level liquid radioactive waste has yet been transported from Canada into the U.S., where it is supposed to end up at South Carolina’s Savannah River Site (Nuclear Newsreel, February 24, 2014). And officials add that they don’t intend to tell anyone if and they do make such shipments. Security, you know. New York State officials have been rather meek in their response; one said it would be nice to know about the shipments, even if the notification occurred after they had already been completed: “We do want to know, in general terms, what the potential is so we can plan for and deal with the potential (emergencies).” Seem to us that it would be easier to plan for potential emergencies if one knew when they might occur…The NRC says it has not yet certified the liquid high-level waste shipment, although it did last year certify a solid high-level waste shipment that apparently has also not yet taken place.

Clean Energy

This could be big: AES Corporation announced today that it will begin selling power plant sized batteries. The batteries range as large as 500 MW–about the size of a typical natural gas plant–and AES says they’ll be even cheaper per kilowatt than a gas plant. They can supply power for four hours, and are a useful backup not only for peaking power plants, which are typically natural gas fired, but also for solar and wind power systems. Those would feed power into the batteries when they’re operating at full capacity and then draw the power out as needed. So, on a typical summer day, solar systems would provide power until late evening, and then the backup batteries would continue to provide power until around midnight/one a.m. or so, when demand drops dramatically. While not quite a 24/7 solution for solar and wind, this could be–especially given the price tag–a dramatic step forward.

Yesterday we noted that the giant German utility RWE lost money on its power production for the first time since the founding of modern Germany in 1949. In this article on GreenTech, Stephen Lacey describes RWE’s situation as This Is What the Utility Death Spiral Looks Like and wonders whether U.S. utilities will learn from the experience in time or begin their own spiral into irrelevance.

The nuclear and fossil fuel interests just won’t acknowledge reality: in Kansas, conservative legislators are again preparing to attempt a repeal of the state’s modest Renewable Energy Standards. They required the state’s utilities to generate 10% of their power from renewables by 2011, rising to 15% by 2016 and 20% by 2020, and have led to a surge of wind power in the state. Backing the conservative legislative faction is the far-right American Legislative Exchange Council (ALEC) along with the Kansas Chamber of Commerce and Americans for Prosperity–one of the Koch Brothers’ political action front groups. Their Koch Industries is headquartered in Wichita, Kansas.

Interestingly, a spokesman against repeal is from a local chapter of the Chamber of Commerce, who says it helps attract jobs to the state, pointing as an example to a new Siemens Wind Energy plant that employs 330 people in Hutchinson, Kansas. According to a recent public opinion poll, 91% of Kansans support renewable energy and two-thirds of them would support increasing the standard even if it meant a couple extra dollars a month in their electric bill. With numbers like that, it’s not hard to see who the legislators seeking repeal are representing–and it’s clearly not their constituents.

Michael Mariotte

Permalink: https://safeenergy.org/2014/03/06/nuclear-newsreel-thursday-march-7-2014/

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Nuclear Newsreel, January 16, 2014

Strike threat looms at Entergy’s Indian Point reactors, already battered by economic & legal challenges. The unions, including control room operators, are threatening a strike at Indian Point and have even set up “practice” picket lines in front of the site. But this story goes beyond the labor strife and looks more deeply at the growing list of challenges faced by Entergy which could well lead to shutdown of the reactors. Let’s keep adding to the pressure, folks….

Even BP admits renewables are the fastest-growing energy source, will pass nuclear generation by 2025. BP dropped the pretense of it being a big player in solar power a few years ago, but even their analysis shows that renewables are the future. The figures are staggering: BP projects the use of renewables in power generation will rise 768 percent in China by 2035, 539 percent in India, 227 percent in Brazil and 277% in the U.S. Still, BP likely understates the case and still predicts fossil fuels will remain dominant, providing about 75-80% of the world’s energy (not just electricity) in 2035. A guy who is out to change that dominance is Elon Musk, owner of Wall Street’s favorite electric car company, Tesla Motors. This article looks at Musk’s plan to wean civilization from fossil fuels, not only through electric cars, but through his involvement with SolarCity, which is one of several companies behind the extraordinary acceleration of rooftop solar in the U.S. Musk is not the only one to believe that solar power will be the dominant source of electricity in the U.S. by mid-century, but he is one actually making that happen.

Two press releases from allied groups, Friends of the Earth and Southern Alliance for Clean Energy, focus on the only two private new reactor projects in the U.S. moving ahead now–what’s left of the “nuclear renaissance.” SACE’s release talks about the continued secrecy from the Department of Energy in attempting to give a taxpayer loan for the Vogtle reactor project (a loan that reportedly has been blocked by concerns from the White House’s Office of Management and Budget). Taxpayers kept in the dark as deadline looms to finalize $8.3 Billion nuclear loan for Vogtle reactors. And FoE examines newly released documents that show all is not as rosy as the utility, SCANA, has publicly portrayed progress at South Carolina’s Summer nuclear project. Another nuclear debacle: Cost overruns, delays and construction woes bedevil V.C. Summer reactor project in S.C.

MOX funds in spending bill top budget request. Yesterday, we noted that the omnibus budget bill included more money for the controversial small modular reactor (SMR) program than requested by the Obama Administration. We forgot to mention yesterday that the SMR program last year received Taxpayers for Common Sense most uncoveted Golden Fleece Award. Today, as journalists continue to delve into the fine print of the 1,000+ pages of the omnibus bill, we learn that Congress wants to give the MOX program more money than the Administration requested. This program is even more controversial–after years of delay and overspending, the Administration actually wants to end this program entirely. The program involves building a facility at South Carolina’s Savannah River Site to reprocess reactor fuel into plutonium-based “mixed-oxide” fuel. It’s a dangerous, dirty, and entirely unnecessary program whose only real constituent appears to be Sen. Lindsay Graham (R-SC).

Report finds increased cancer cases near St. Louis radwaste landfill. The oldest radioactive waste dump in the US lies near the runways to the city’s airport; it’s a vestige of World War II that has never been cleaned up because, as is the case for just about all radioactive waste, no one wants it and there is really no place for it to go. As to why no one wants it–this story should make that clear.

How solar power beat natural gas in Minnesota. Seriously, if solar power can beat natural gas (which itself beats nuclear power and coal) in Minnesota–no one’s idea of a sunny resort area–then can there possibly be anywhere that solar power has not become the cheapest electricity source? Well, maybe in areas well-suited to wind power…

Stock analyst says avoid Exelon stock in 2014. and warns of nuclear shutdowns ahead. The analyst names three single-unit Exelon reactors he believes are vulnerable–Oyster Creek, Clinton and Ginna–that also have shown up on other lists of potential near-term reactor shutdowns. But he adds a fourth, the two-unit Quad Cities site on the Illinois/Iowa border, as vulnerable too, apparently due to competition from Iowa’s fast-growing wind industry.

Japanese taxi company refuses ride to anti-nuclear lawmaker in fear of retribution from nuclear industry.

The Colorado legislature yesterday beat back yet another attempt to weaken the state’s Renewable Energy Standard.

RealClearPolitics released a list of who it calls the 10 most influential legislators on energy issues. Some names on the list are obvious; some may surprise you.

Finally today, researchers at North Carolina State University have discovered a new way of storing energy from solar power production. Energy storage is probably the hottest field in the energy arena right now, and is the last, though quickly disappearing, obstacle before renewables become a 24/7 “baseload” kind of power source. Not that the old concept, still pushed relentlessly by the nuclear industry, of “baseload” power has the same level of relevance to a modern, distributed energy grid that it did in the 1970s.

Michael Mariotte

Permalink: https://safeenergy.org/2014/01/16/nuclear-newsreel-January-16-2014/