Lot's happening with nuclear around the world -- mostly associated with continued problems with market-competitive delivery, seeking alms from taxpayers, and attempts by taxpayer groups and trading partners to block the largest of the subsidies.
Use of non-transparent private emails on key government business: the case of DOE's subsidized nuclear loans
Hillary Clinton's use of her personal email account for official government business has been all over the news lately. The concern is that the approach escapes the normal channels of accountability regarding official government business, and makes it much more difficult to protect government records for historical purposes.
If an email is sent from a private address, does it make a noise?
Mother of all Solyndras: $6.5 billion in subsidized nuke loans to Vogtle goes final today; $1.8 billion more to follow soon
Homeowners are lucky if they get a 60 day rate lock on their mortgage application. Nuclear reactor developers seem to have no such problem: agreements for multi-billion dollar subsidized loans to build two new nuclear reactors at Plant Vogtle in Georgia have been repeatedly extended for four years.1 A credit market mel
1) Nuclear economics continue to worsen. In addition to widespread cancellations of new nuclear reactors and an increasing number of announced closures of older plants too expensive to repair and keep running (Crystal River in FL, Kewaunee in WI, and San Onofre in CA in the past six months), power uprate projects are also being terminated. Exelon is taking a $
A group of environmentalists says taxpayers should be worried about extending an $8 billion credit line to Georgia Power's Plant Vogtle nuclear expansion project in Augusta.
To kickstart more nuclear development, the Obama administration in 2010 conditionally committed the government to the massive loan.
Sara Barczak, an attorney with the Southern Alliance for Clean Energy, says given ongoing project delays and cost overruns, taxpayers should be leary of the investment.
While no nuclear loan guarantees have been granted, one has nonetheless been promised to the companies now building the Vogtle 3 and 4 reactors, near Augusta, Ga. It is not clear whether those builders, led by the Southern Company, will actually accept a federal guarantee; Southern says it has been shopping in the private market.
The Obama administration’s approval of a federal loan guarantee for the construction of two Georgia nuclear reactors was met with applause from across the political spectrum, but new analysis reveals potential Solyndra-like problems facing the project.
Three years after the U.S. Department of Energy approved an $8.3 billion loan guarantee to be used by Southern Co. and its partners to build two new nuclear reactors, the deal has yet to be finalized. A Georgia-based clean energy group says that the loan should shut down because it places taxpayers at extreme risk.
Environmental groups are crying foul on loan terms acquired by Southern Company for its Vogtle nuclear plant.
The Southern Alliance for Clean Energy and others are calling for a greater degree of transparency in the federally-backed financing of the delayed and over-budget project.Anti-nuclear activists are drawing comparisons to the failed energy company Solyndra in a report that took three years to complete.
The nuclear plant near Augusta is the first new reactor to be built in the US in over a decade.