Theenergynet's Favorite Links on economics from Diigo

The Times - Nuclear plans will triple SA’s power prices

Fri, 16 May 2008 18:09:17 -0000

And Eskom GM says a mild winter will go a long way to minimise load shedding

The government’s plan to include nuclear and renewable sources in the energy mix could push electricity bills even higher than currently foreseen, a senior Eskom official said yesterday.

The Cabinet has formally committed the country to build conventional and Pebble Bed nuclear power stations.

Tags: nuclear energy economics sa africa

Posted by: theenergynet

New Wave of Nuclear Plants Faces High Costs - WSJ.com

Fri, 16 May 2008 18:05:24 -0000

A new generation of nuclear power plants is on the drawing boards in the U.S., but the projected cost is causing some sticker shock: $5 billion to $12 billion a plant, double to quadruple earlier rough estimates.

Tags: nuclear energy economics us nuke.news

Posted by: theenergynet

Alan Farago: Nuclear Florida

Wed, 14 May 2008 07:35:42 -0000

There is a reason Miami-Dade County in Southern Florida is the first place where America's utility industry is moving forward with new nuclear capacity in three decades.

In Miami, Florida Power & Light found public officials malleable as silly putty, willing to allow a local agreement with a wink to substitute for solid facts that the public had the right to know: where the cooling water will come from at a time of chronic drought, where the water--more than 50 million gallons per day-- will go when it is evaporated, and what will its effects be on public health and the environment

Tags: nuclear energy economics climatechange fl

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McClatchy Washington Bureau | 05/13/2008 | Clinton posts fastest rise in net worth among lawmakers, report finds

Tue, 13 May 2008 22:52:23 -0000

Tags: congress economics

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New Wave of Nuclear Plants Faces High Costs - WSJ.com

Tue, 13 May 2008 09:02:52 -0000

Tags: nuclear energy economics nuke.news

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Nuclear pork: enough is enough | Gristmill: The environmental news blog | Grist

Tue, 13 May 2008 08:08:29 -0000

Once your power source has reached, say, 10 percent of the electricity grid, let alone 20 percent, it should be time to cut the cord to government funding.

Tags: nuclear energy economics nuke.comments nuke.news

Posted by: theenergynet

YouTube - The L-Curve: Income Distribution of the U.S.

Tue, 13 May 2008 06:46:31 -0000

Tags: economics youtube video

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‘Perhaps 60% of today’s oil price is pure speculation’

Mon, 12 May 2008 08:01:19 -0000

Tags: energy energy.news oil economics

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Costs may slow nuclear upswing in U.S. | Chron.com - Houston Chronicle

Mon, 12 May 2008 00:54:39 -0000

CHICAGO — As crude oil prices leapt last week to over $120 a barrel, and one analyst suggested the price might soon reach $200, America would seem poised for a nuclear power resurgence.

But enthusiasm for a nuclear future was muted at an industry conference last week in Chicago, as executives acknowledged that financial, regulatory and waste-storage hurdles have raised uncertainties about costs. Other factors increasing the expense of construction include high demand for nuclear plants among emerging countries, limited supplies of reactor parts and increased prices for iron, steel and concrete.

Tags: nuclear energy development us economics

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Jacksonville.com: Georgia: Story: New reactors to mean higher utility bills

Fri, 09 May 2008 09:00:09 -0000

ATLANTA - Georgia Power said on Wednesday that its customers' bills would rise $12 a month starting in 2018 if the utility gains state and federal approvals to build two new 1,100 megawatt nuclear reactors at Plant Vogtle near Waynesboro.

That projected increase is based on the utility's $6.4 billion share of constructing the new reactors, the company said in a news release.

Tags: nuclear energy economics ga vogtle

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Georgia Power to pay $6.4B for new nuclear reactors | ajc.com

Fri, 09 May 2008 08:49:04 -0000

Georgia Power will pay approximately $6.4 billion to Westinghouse Electric to build its share of two proposed 1,100-megawatt nuclear reactors at the utility's Vogtle plant south of Augusta, the utility said Wednesday.

If approved, the plants promise customers higher power bills starting in 2018 . Customers would pay an additional $12 a month on a typical 1,000 kilowatt-hour bill, the company said. That amount is expected to decline over time, the company said.

Tags: nuclear energy reactors economics nuke.news

Posted by: theenergynet

A Nuclear Energy Renaissance Wouldn't Solve Our Problems, But It Would Rip Us Off | Environment | AlterNet

Fri, 09 May 2008 08:37:57 -0000

If you listen to the rhetoric, nuclear power is back. Smashing atoms will replace burning carbon-based coal, gas and oil. In the face of a disaster movie-like future of runaway climate change -- bringing drought, floods, famine and social breakdown -- carbon-free nukes are cast as the deus ex machina to save us at the last minute.

Tags: nuclear energy development economics us

Posted by: theenergynet

Electric bills will rise to pay for new nuclear plants - 05/05/2008 - MiamiHerald.com

Fri, 09 May 2008 08:24:46 -0000

Your electric bill is likely to go up $2 a month or more next year to start paying for the new nuclear power plants that Florida Power & Light hopes to put in service in 10 or 12 years.

Tags: nuclear energy economics reactor development

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Nuclear reactors will cost twice estimate, says E.ON chief - Times Online

Tue, 06 May 2008 08:46:16 -0000

The Government has vastly underestimated the cost of building a new generation of nuclear power plants, according to the head of the world's largest power company.

Wulf Bernotat, chairman and chief executive of E.ON, the German energy giant that owns Powergen, has told The Times that the cost per plant could be as high as €6 billion (£4.8 billion) - nearly double the Government's latest £2.8 billion estimate.

His figures indicate that the cost of replacing Britain's ten nuclear power stations could reach £48 billion, excluding the cost of decommissioning ageing reactors or dealing with nuclear waste. “We are talking easily about €5 billion to €6 billion [each],” Dr Bernotat said.

Tags: nuclear energy development economics uk

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Bradenton.com | 05/03/2008 | FPL petition may bump electric bills 2 percent

Tue, 06 May 2008 08:14:12 -0000

Florida Power and Light filed with the Public Service Commission a request to recover costs incurred so far on two key nuclear projects: expansion of the power capacity at our nuclear power plants at Turkey Point and St. Lucie, and the addition of two nuclear units at the Turkey Point power plant complex.

If approved by the Public Service Commission, beginning January 2009 consumer electric bills may increase by slightly more than 2 percent.

Tags: nuclear energy rates economics fpl

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The Rise of the Rest | Print Article | Newsweek.com

Mon, 05 May 2008 02:21:24 -0000

Tags: us economics policy

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Scam Artists Are Prepped to Fleece Green Industries as Soon as the Money Comes in | Corporate Accountability and WorkPlace | AlterNet

Sun, 04 May 2008 23:52:29 -0000

Hard times are looming. And in their desperation to keep the American economy afloat, government and business will be tossing overboard any proposals for real environmental protection. No time for such romantic foolishness when there are investments to be protected. Get those tax refunds back into retailers' registers, quick!

Tags: enegy energy.news renewables scam economics

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Navigate The Falling Dollar - Catherine Austin Fitts

Sun, 04 May 2008 03:56:31 -0000

Tags: economics

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Charlotte Observer | 04/29/2008 | Duke can keep nuclear costs secret

Fri, 02 May 2008 08:43:15 -0000

Duke Energy won't have to reveal the cost estimate for a proposed nuclear plant any time in the near future, North Carolina regulators ruled Tuesday.

The N.C. Utilities Commission agreed with the Charlotte electric utility that the estimated cost of a proposed nuclear plant is a "trade secret" under N.C. law.

Duke Energy officials argued in a public hearing that revealing the cost estimates now would give tactical advantage to vendors and contractors during sensitive negotiations.

Tags: nuclear energy economics duke sc

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Harvey Wasserman: Making You Pay for the Next Chernobyl--in Advance!

Mon, 28 Apr 2008 19:32:57 -0000

Are you ready to pay for the next Chernobyls---in advance? Are you willing to have nuclear power prevent a solution to the climate crisis?

Twenty-two years ago today, an apocalyptic cloud rose up from Unit Four, in the heart of the Ukraine. For the next few hundred generations, you and your progeny will breathe its radioactive fallout, which was thousands of times worse than that released at Hiroshima and Nagasaki.

Tags: nuclear energy economics safety chernobyl

Posted by: theenergynet