Dominion Power is shutting down a nuke because it can’t compete economically.
Why are we letting Georgia Power charge us up front and load us up with
debt to build a nuke we already know can’t compete economically?
After all, if it could, it wouldn’t need
three-legged nuclear regulatory-capture stool
that we the rate-payers and taxpayers are already paying on, instead of getting on with
solar and wind power.
22 October 2012 PR from Dominion Power:
Dominion (NYSE: D) today said it plans to close and decommission its Kewaunee Power Station in Carlton, Wis., after the company was unable to find a buyer for the 556-megawatt nuclear facility.
According to Dominion:
Kewaunee, Dominion’s fourth nuclear station, generates 556 megawatts
of electricity from its single unit. That’s enough to meet the needs
of 140,000 homes.
The station began commercial operation in 1974…
That’s the same year as
Plant Hatch Unit 1, on the Altamaha River
100 miles from here. (Hatch Unit 2 came online
But the Hatch reactors were relicensed in 2002
extending their lifetimes 20 years out to 2034 and 2038, so
they won’t be closing, right?
Well, maybe they could.
Howard A. Learner wrote for JSOnline 30 October 2012,
Market has spoken in Kewaunee shutdown,