Bloomberg New Energy Finance report said,
. . . more than 1/2 of all nuclear facilities in the USA,
. . . are “bleeding cash.”
The upshot of all this red ink is,
. . . new nuclear generating plants are completely unaffordable.
In South Carolina,
. . . 2 utilities decided to abandon construction of
. . . 2 nuclear plants after spending some
. . . $9 billion.
They were originally expected to cost
. . . $11.5 billion and be operational in 2018, but the latest projections cost is
. . . $25.0 billion and be operational in 2021.
The utilities plan to pass on some of the loss to customers
. . . by raising rates.
8-28-2017 Source: #Nuclear: “Bleeding Cash”
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#Nuclear: “Bleeding Cash”
Started by eds, Aug 28 2017 06:00 AM
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