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#nuclear Power Is Finished
Views: 1151
Aug 04 2017 03:35 PM | eds in Non-Renewable
Environmentalists didn't kill the nuclear power industry,
. . . economics did.
Santee Cooper, South Carolina Electric and Gas Co.
. . . abandoned work on t2 new nuclear reactors this week,
. . . not because of public protests,
but because the only way to pay for them,
. . . was to overcharge customers,
. . . or bankrupt both companies.
The project was supposed to cost only
. . . $5.1 billion, but to actually finish the work would have cost
. . . $11.4 billion. By abandoning work, the utilities said they will save about
. . . $7 billion in charges they would have had to pass on to customers.
8-4-2017 Source: #Nuclear power is finished
. . . economics did.
Santee Cooper, South Carolina Electric and Gas Co.
. . . abandoned work on t2 new nuclear reactors this week,
. . . not because of public protests,
but because the only way to pay for them,
. . . was to overcharge customers,
. . . or bankrupt both companies.
The project was supposed to cost only
. . . $5.1 billion, but to actually finish the work would have cost
. . . $11.4 billion. By abandoning work, the utilities said they will save about
. . . $7 billion in charges they would have had to pass on to customers.
8-4-2017 Source: #Nuclear power is finished
