San Onofre nuke plant to close after bitter fight
A $670 million equipment swap in 2009 and 2010 went haywire, leaving Southern California Edison on Friday with two idle reactors, more than $500 million in bills and a federal decision on a possible restart nowhere in sight.Full Story
#1 Jun 8, 2013
"It will take months, and possibly years, to complete the closing of the reactors, which will involve removing all fuel from the reactor cores.
And still unresolved: who pays for all the trouble, customers or shareholders."
After all of the hype in the early 1960's about nuclear power, "Too cheap to meter." Till, today nuclear power, how much will it cost to dismantle a nuclear plant who's useful life has passed. Notice that removing all fuel from the reactor cores is mentioned, but no mention of what to do with it, where to store it and what will be done with the "spent" fuel already stored on site?
This may well answer the question, what is the true cradle to grave cost of nuclear power generation? Who does pay the costs? The ratepayer perhaps? There are still about 100 nuclear plants online in the U.S. What will the total cost be to dismantle these plants, what will be done with the onsite stored waste? I have heard there has always been a fee on everyone's electric bill for just such a day. Has there been any oversight to this decommissioning fee? Has it been properly socked away for the day the plant needs to be decommissioned or has it been misused over the years by the utility? Soon we will find out.
Since: Mar 09
The Left Coast
#3 Jun 9, 2013
Coal is looking better every day.
#4 Jun 10, 2013
it's obvious who's going to pay
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