Re: NRC close to vote on new Westinghouse nuke reactor

["Jim Wade" <jbwade@jwbank.net>]

2 cents
for the time being nobody will want to build a nuke. But the cost of a coal
plant is going up every day.Co-generation is cheap now untill the price of
gas goes up.Since nobody is building any power plants and the demand is
steadly growing. Hopefully the AP600s and the ABWRs will provide some relief
in the nuclear business. The company to watch is AMERGEN the PECO British
Nuclear partnership whosse goal is to have 25 giga watts in generation.
----- Original Message -----
From: Sandy Perle <sandyfl@earthlink.net>
To: Multiple recipients of list <radsafe@romulus.ehs.uiuc.edu>
Sent: Saturday, May 15, 1999 8:25 PM
Subject: RE: NRC close to vote on new Westinghouse nuke reactor


> > The real issue with the new generation of reactor designs, is whether
> > anyone will invest a billion dollars to build a new nuclear reactor
under
> > any circumstance!
>
> Andy hit the key issue. That is the big question, and I believe that
> the answer will be big NO! Considering the political environment,
> not only in this country, but in the majority of the world, the
> momentum is to shut-down the units, not to construct new ones.
> The political environment in the US is not favorable for resurrecting
> the nuclear power option. Even if there were positive forces within
> the govt., that govt.changes every few years, and with that change,
> goes the approval, or defeat. The risk of investment is too great,
> and I don't believe any utility will take that first step to contract for
a
> new unit. If they did, I'd expect that the Board of Directors would
> come under severe fire from their stockholders. Remember, the
> investor in utility stock is in it due to stability. Tackling a new
> nuclear unit is not considered stability.
>
> ------------------------
> Sandy Perle
> E-Mail: sandyfl@earthlink.net
> Personal Website: http://www.geocities.com/capecanaveral/1205
>
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