It wasn’t that long ago–what, just seven, eight years ago now–that solar power was considered, justifiably, an expensive niche technology. Sure, environmentally solar power has always reigned supreme and there were enough people wanting clean energy for their homes to keep the industry in business, but solar was just too costly for mainstream use.
But behind the scenes, the technology was improving and its costs began dropping. China went into solar in a big way, further reducing costs through mass production. Germany’s long switch to renewables, accelerated by Fukushima, meant another giant market for solar, and solar’s costs didn’t just drop over the past several years, they plummeted. Continue reading
The existing Turkey Point facility consists of two reactors, two gas/oil plants and one combined cycle natural gas plant. But FPL is considering adding two new reactors to the site.
A hearing is being held today in Florida on whether FPL should be allowed to build two new reactors at its Turkey Point site near Miami. The hearing is for a state permit, FPL would still need a license from the NRC to be able to build. And FPL has said it hasn’t decided yet whether it wants to build the reactors, which would be expected to cost about $18 Billion. An FPL spokesperson made the astonishing claim that the reactors would save $170 billion in fuel costs over natural gas over the next 60 years; we guess FPL alone has the crystal ball that can predict natural gas prices over that period, not to mention its certainty that the unbuilt reactors would receive a license extension to operate that long.
And, of course, the fuel cost savings over solar, wind and energy efficiency, the alternatives being promoted by Turkey Point opponents in The Sunshine State, would be a negative number. Then there’s that little matter of climate change, with Miami being one of the most vulnerable cities in the U.S. to climate-induced disaster.