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British Investment in Nuclear Energy Pays Off Big - Again!
Back in 2003 British Energy was in trouble and the
But what a difference five years makes. The
There are at least 6 companies in the bidding: EDF and Suez of France, EoN and RWE of Germany, Vattenfall of Sweden, Iberdrola of Spain; and
Why the interest? The sale includes properties where existing nuclear plant are located, and those are prime locations for new nuclear plants that will built under the UK's plan to expand nuclear energy's role in meeting energy demands and reducing greenhouse gas emissions. Owners like EDF will have an advantage in getting their respective reactor technologies built.
Nuclear Plants Continue to Operate Safely Through 5.2 Magnitude Earthquake
On April 18th an earthquake with a magnitude of 5.2 on the Richter scale rocked the Midwestern USA . While the quake was centered in southern IL, it was easily felt by people as far away as
This earthquake was considerable less intense than the one that struck
It seems like every week we hear of another utility announcing they are exploring the possibility of building new nuclear units, even in states where the political climate is decidedly anti-nuclear. New Jersey is the latest; on one hand they are opposing a license extension for the Oyster Creek pant, and on the other Governor Corzine released a draft energy policy that includes a new look at nuclear plant licensing, siting, and financing. It's all part of an initiative to meet the state's booming energy demands while complying to commitments to reduce greenhouse gas emissions.
The Governor wrote in the plan, "A business as usual energy policy risks enormous economic and environmental consequences. In contrast, an energy policy that focuses on producing and using energy as wisely as possible greatly reduces these consequences and positions us to be a strong competitor in the global economy."
PSE&G, the owner of the
Anti-nuclear environmentalists criticized the plan because they said it does not place enough emphasis on wind and solar energy.
This is an interesting decision because
So it seems