Consumers Against Rate Hikes claims victory and thanks legislators as the 2012 legislative session closes without an Annual Rate Hikes Bill that would raise rates for electricity customers every year to build expensive, unnecessary nuclear plants.
New Plants?
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NC WARN Says Changes in Duke-Progress Merger Harm the Public – News Release from NC WARN
Groups from 5 merger states urge NC hearings; WARN calls for sunshine on 15 secret deals and for attorney general to investigate backroom pressure over SC nuclear project.
See NC WARN’s motion
See NC WARN’s letter to Attorney General Roy Cooper
Duke-Progress merger could be scotched by backroom deal on new nuclear plant and billions in cost of broken plant – News Release from NC WARN
Watchdog group will urge North Carolina regulators to reject any SC effort to hitch merger approval to Duke’s investment in problematic nuclear project.
New reactor design forecasts future successes, challenge – The Augusta Chronicle
Regulators who detected nonconforming rebar at Vogtle Nuclear Power Plant’s expansion site didn’t have to go far to find a similar problem at the V.C. Summer project in nearby South Carolina.
Persistent and New Problems at Vogtle Nuclear Project Signal Over 12 Months of Delay and Well Over $1 Billion in Cost Overruns – Even Before Foundation is Poured
Although it is heavily redacted, I encourage reporters to read Dr. William Jacobs’ testimony to see the very damning verbage on many fronts, which give lie to industry claims the project is going well. This complicated construction project is a mess and it’s getting worse.
$560 Million in Cost Overruns at South Carolina Nuclear Project – News Release from NC WARN
The second new nuclear power project underway in the U.S. has suffered at least $560 million in construction cost overruns according to a report filed today by plant owner SC Electric & Gas.
Costly Incompetence: The top four U.S. nuclear construction projects are already mired in costly problems – Issue Brief by NC WARN
The three nuclear construction projects underway in the U.S. are already suffering huge cost overruns, delays, and uncertainty about completion.
Consumer Coalition, National Expert Warn North Carolina Not to Repeat Nuclear Financing Mistake that’s Devastating Southeast Ratepayers
Groups: Nearly $1 Billion Vogtle Nuclear Reactor Cost Overrun Echoes Earlier Warning About “Boondoggle” Project
Even though the Vogtle reactor project got its federal license just three months ago, the controversial nuclear reactors are already in trouble. The latest problem: A cost overrun of nearly $1 billion in 2011 dollars, according to groups that warned in February that the Vogtle expansion effort is a boondoggle that could hurt ratepayers and (depending on the status of a pending Solyndra-style federal loan guarantee) U.S. taxpayers.
A higher price tag for a nuclear project – The New York Times, May 11, 2012
Vogtle nuclear project facing $900 million in cost overruns – NPR Atlanta, May 11, 2012
“It’s the water, stupid!”: Nuclear power won’t work in global warming world – Nuclear Energy Information Service
An oft-repeated jibe against renewable energy sources like wind and solar power by (usually) smug nuclear power proponents is, “What are you going to do when the sun don’t shine and the wind don’t blow?”