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Posts Tagged ‘south texas nuclear plant’

Update:

Salem Nuclear Reactor Unit 1 resumed operations Saturday after crews repaired a leak in the containment building that was discovered two days earlier.  The plant operator says about 4,800 gallons of radioactive water leaked out, and the water went through the plant’s drain system as designed. The entire system holds 90,000 gallons.

This was a quick fix compared to STP’s recent outages.  One from November 29, 2011 to April 24, 2012 and one from January 8, 2013 to April 22, 2013.  When outages last this long, it can have an affect on consumers pocketbooks.  These two outages cost just the City of Austin, TX, which owns a 16% portion of the nuclear plant, $27 million in replacement power costs, which the utility just passed along to consumers in the fuel charges.  That averaged out to $64 per customer since November 2011.

Could the cost to consumers of replacing old and deteriorating parts that have the plants down for long periods have been the deciding factor in retiring the San Onofre plant in California permanently.  What will be the fate of the aging nuclear plants across the country.
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austincityhall1

Good morning, folks!  I’m sitting in on the Austin City Council meeting this morning.  Here at Public Citizen, we are largely concerned with two important items on today’s agenda:

Item 3: Will the City of Austin invest in the South Texas Nuclear Power Plant?

Item 16: Will the City invest in 30 megawatts of solar power from the proposed solar plant near Webberville?

Word on the street (and by street, I mean city hall) is that some members of the Council would like to postpone the vote on the solar plant.  The big question here is how long the vote will be postponed.  If the vote is pushed back a few weeks to give everyone a little more time to look at the impacts of this new project, that’s not really a problem… but if we are talking months here, the delay may actually be long enough to kill the project.

The Council will listen to citizen testimony before they decide to postpone (or not — though it is highly unlikely that the council will deny a request to delay the vote) and for how long (waiting with baited breath!).

Stick around, I’ll keep you posted!

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A message from our director, Tom “Smitty” Smith:

efficient-homeToday the House and Senate are working to reconcile their different versions of the long-awaited economic stimulus package. The stakes are now higher than ever for Texans, who stand to gain from billions that could go toward developing renewable energy and efficiency in the state, reducing pollution from diesel engines, and cleaning up abandoned nuclear waste sites.

But as much as the state needs that massive investment in our energy future, there is a troubling side to the senate version of the stimulus package: Senators amended the stimulus bill to include $50 billion in loan guarantees for new nuclear plants in Texas and elsewhere in the nation.

If Congress needs a reminder why this is a bad deal, it should just ask Wall Street why it doesn’t loan money for nuclear reactors. According to the Congressional Budget Office, nuclear loans default at a rate of 50%. Banks learned long ago that these plants simply can’t be built on budget and aren’t viable without massive taxpayer subsidies. Texans are still paying for the last generation of over-budget nuclear plants each month in a hidden charge on their electric bills. (more…)

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