[NukeNet] AP Energy Chief proposes nuclear plant incentives-
Edith
gbur1 at comcast.net
Mon Aug 7 16:05:16 CDT 2006
Do you think he already has 6 buyers in mind AmerGen /Exelon for example?
chief proposes nuclear plant incentives
Associated Press
ATLANTA — The nation's energy chief announced a plan Friday to provide incentives to companies willing to build the first new nuclear plants in 30 years, offering $2 billion in federal insurance for construction of six plants.
"I think it's time for the nation that invented this technology to reassert its leadership," Energy Secretary Samuel Bodman said.
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The United States has 103 nuclear power plants in 31 states, but utilities have not proposed a new reactor since 1973. High costs and debate over where to store radioactive waste bogged down construction efforts, and a partial meltdown at the Three Mile Island plant in 1979 in Pennsylvania put an end to plans for new reactors.
Supporters of nuclear power have promoted it as a way to generate cheaper electricity without churning out greenhouse gases.
Bodman said 12 utilities are expected to file papers over the next three years to build 18 reactors. The insurance plan would provide up to $500 million in coverage for the first two plants and up to $250 million for the next four plants.
"This program is crucial, we believe, to reinvigorating the American nuclear power industry," Bodman told Georgia Power Co. employees during a visit to Atlanta.
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