Nine companies, consortia, or joint ventures are planning approximately 12 new nuclear power plants in the United States. How do the business challenges they face differ from the challenges faced...
Five Nuclear Challenges
Building reactors requires new federal commitment.
overly simplified example of a complex storage issue.
24. See David Braddish, “ Britain Could Be Short on Electricity in a Few Years ,” NEI Nuclear Notes (Sept. 9, 2008) .
25. See: Jason Groves, “ Blackout Britain Warning ,” Daily Express , (Sept. 9, 2008) .
26 . See: John Petersen, “Grid-based Energy Storage: Birth of a Giant,” Seeking Alpha (Aug. 11, 2008)
27. Many states already allow utilities to place new power assets into the rate base. Other states that deregulated power assets, may not currently allow plants into their rate base.
28 . State regulators will have a more active role if the plant is to be in the rate base and CWIP is eliminated.
29. Before hedging significant risk to a contractor, look carefully at that company’s ability to absorb the risk. Surprisingly few companies can or will absorb the risk of a single nuclear power plant.
30. Compare Wolf Creek with Calloway; Maine Yankee, Surry, North Anna, with Beaver Valley; Diablo 1 with Diablo 2, etc.
31. With respect to the next generation of nuclear plants, the United States is a large country with vast differences in geology, terrain, and populations; construction access such as barging, heavy rail, and adequate roads; and access to critical resources such as cooling water, makeup water, transmission lines, and labor.
32. As more units are built, late adopters will benefit from the learning curve and will enjoy risk and economic advantages.
33. Examples include the South Texas Project, the Yankee Plants, Wolf Creek, Marble Hill, Midland, and Beaver Valley.