Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

OKIsItJustMe

(21,875 posts)
3. But what did they cost to build in the first place?
Thu Dec 22, 2011, 04:47 PM
Dec 2011

And what would the decommissioning have cost if there had been no accident?

http://www.thestar.com/comment/columnists/article/665644

[font face=Times, Serif][font size=5]$26B cost killed nuclear bid[/font]

2009/07/14 04:30:00
By Tyler Hamilton Energy and Technology Columnist

[font size=3]The Ontario government put its nuclear power plans on hold last month because the bid from Atomic Energy of Canada Ltd., the only "compliant" one received, was more than three times higher than what the province expected to pay, the Star has learned.

Sources close to the bidding, one involved directly in one of the bids, said that adding two next-generation Candu reactors at Darlington generating station would have cost around $26 billion.

It means a single project would have wiped out the province's nuclear-power expansion budget for the next 20 years, leaving no money for at least two more multibillion-dollar refurbishment projects.



The bid from France's Areva NP also blew past expectations, sources said. Areva's bid came in at $23.6 billion, with two 1,600-megawatt reactors costing $7.8 billion and the rest of the plant costing $15.8 billion. It works out to $7,375 per kilowatt, and was based on a similar cost estimate Areva had submitted for a plant proposed in Maryland.

…[/font][/font]

Recommendations

0 members have recommended this reply (displayed in chronological order):

Notice there is no mention of cost in the NYT piece... kristopher Dec 2011 #1
1.151 trillion yen Bob Wallace Dec 2011 #2
But what did they cost to build in the first place? OKIsItJustMe Dec 2011 #3
Since the public is going to have to pay eventually, TEPCO's shareholder value should disappear now Kolesar Dec 2011 #4
TEPCO appears to be on track to be nationalized kristopher Dec 2011 #5
Good. joshcryer Dec 2011 #6
Transferring liability to the public is good? kristopher Dec 2011 #8
Which way do you think the job will be done better? OKIsItJustMe Dec 2011 #10
If a for-profit company does it under proper regulatory oversight. kristopher Dec 2011 #11
How soon did you want work to begin? OKIsItJustMe Dec 2011 #12
I'm not sure of your point kristopher Dec 2011 #13
Well, this is the model you said you prefer, a for-profit company with government oversight OKIsItJustMe Dec 2011 #15
I think you'd eventually have a raft of problems just as bad as you now see. kristopher Dec 2011 #17
Well, I think the motivations are different here OKIsItJustMe Dec 2011 #21
True. kristopher Dec 2011 #22
Actually after considering it a bit I see a problem. kristopher Dec 2011 #23
Lack of funding isn’t a problem OKIsItJustMe Dec 2011 #31
Anything that is legislated can change. kristopher Dec 2011 #32
And your point here would be? OKIsItJustMe Dec 2011 #33
It isn't black and white thinking kristopher Dec 2011 #34
“Anything that is legislated can change.” OKIsItJustMe Dec 2011 #35
Apparently you've lost the ability to reason... kristopher Dec 2011 #36
Does this describe the view you are laying out? kristopher Dec 2011 #14
The lead paragraphs sums it up nicely OKIsItJustMe Dec 2011 #16
I can see that perspective. kristopher Dec 2011 #19
Why should anyone profit off of a major disaster? tinrobot Dec 2011 #25
You have it wrong. kristopher Dec 2011 #29
To play Devil's Advocate here XemaSab Dec 2011 #30
Nuclear shouldn't be in the hands of for-profit corporations. joshcryer Dec 2011 #18
And energy shouldn't be in the hands of governments that amass power over people. kristopher Dec 2011 #20
Profit always trumps environment. Strong regulations can help... joshcryer Dec 2011 #24
What energy sources? Nuclear? kristopher Dec 2011 #28
Of course... letting the likes of Enron run wild makes perfect sense. tinrobot Dec 2011 #26
Nothing I wrote endorses that. kristopher Dec 2011 #27
They've been decomissioning Hanford pscot Dec 2011 #7
Hanford, the gift that keeps on giving... Bob Wallace Dec 2011 #9
Latest Discussions»Issue Forums»Environment & Energy»NYT - Japanese Government...»Reply #3