Will US Nationalism Slow Investment In Climate Action?
In the USA, Big Coal has hundreds of new plants in the pipeline. New coal power will be 'nice and cheap' for folks with low incomes and bring plenty of work to US designers and constructors. Nuclear power, on the other hand, has only a few proposed projects at the early design stage, where Public Service Commissions have heard about prospective rate-payer impacts.
The Florida utility sponsoring two new nucs is brave. Snowbirds and retirees will be shaken.
Building two nuclear reactors in Florida would cost Progress Energy $17 billion, which would increase the bills of the company's customers in that state by an average of 3 percent to 4 percent a year for 10 years.Wait until Floridians and North Carolinians find out that Westinghouse is majority-owned by Toshiba.
The cost estimates...are an early indication of Progress' potential nuclear costs in North Carolina. The utility, based in Raleigh, is considering two new reactors at its Shearon Harris site in Wake County.
The reactors proposed in Florida -- the Westinghouse AP1000 -- are the same models that Progress is planning at Shearon Harris.
Think about it. The largest wind turbine makers are European. Overseas makers dominate in solar panel capacity.
As evidenced by this post, some of the first new nuclear plants in the US are to be designed and built by non-US firms.
"Clean coal" technology has every appearance of being on the rocks.
Ethanol - perceived as an American homegrown liquid fuel breakthrough - has lost much of its patina.
Proposed climate actions that send government money and jobs to overseas companies could impact the upcoming US election, entangling nationalist sentiments akin to the present controversy over a foreign aerospace firm getting a US Air Force contract.
Via::News Observer, "Nuclear reactors' cost: $17 billion; Progress Energy plans to file its estimate for two new reactors with Florida regulators today" Image credit::Corporate logo of Westinghouse