Duke Energy cancels Power Plant but still charges over a billion to customers until 2018

[tinytrump]

I am waiting for the next newsline- $$$x profits made by...

[vaughanwilliams]

Originally Posted by chi_tino

I'm trying to figure out how planning for future power plants is considered gross negligence and a screwup. No one else does, apparently.

We can debate the merits of nuclear power in another thread. Plant Vogtle in Georgia is being built (2016 start), Watts Bar 2 is almost complete (2015 start), and Browns Ferry 1 started in 2007, but I guess those don't count under your math. Nuclear power world wide is still growing, because countries that need power and do not want to be dependent on other countries for their fuel are building them.

If you are actually comparing the COST of nuclear power versus renewables, get ready to bend over and get flattened by a tsunami of facts and numbers.

The cost of baseload renewables for the Florida market would cost about 5 times more than nuclear, or 10 times more than natural gas per kWh of baseload power.

Renewables are to power as mass transit is to transportation. Both are grossly inefficient, non-economic and only built because of monstrous government subsidies provided to the builders. Go look at Germany's renewable-heavy electric grid and explain why their rates are almost 5 times higher than in the US.

I said no nuke HAS COME ON LINE since '96. What screw up? How about trying to carve a hole in a wall of a containment building with cheap, totally out of their league contractors and then ignoring proven experts on the process of fixing said screw up and making an entire nuclear plant useless as a result? Unless this catastrophe was an intentional way to get the insurer and the public to pay for decommissioning Crystal River (which wouldn't surprise me in the least), this has got to go down as one of the biggest boners in Florida's history.

Was the CEO who made this decision penalized in any way? Of course not. Bill Johnson cashed in his golden parachute and like a big turd in a cesspool, rose to the top and is now the director of TVA.

At least he's someone else's problem.

New CEO tapped for TVA | timesfreepress.com

At the time of this article, Watts Bar was $2 billion over budget and three years behind schedule. Probably a lot more now. But hey, "Free Market blah blah blah" and all that, right?

[vaughanwilliams]

"The total amount of customer money spent ( on the Levy project ) by being charged in advance: $3.2 billion.

Amount of new electricity generated as a result of those advance fees: Zero."

Who gets credit for nuclear advance fee law, one of worst in state history? | Tampa Bay Times

[tinytrump]

vote them all out who agreed to this