[NukeNet] *****SPAM***** Re: [no-new-nukes-yall] Browns Ferry repair costs $90 million above budget [$1.8 billion project]

Bob Stannard bob at bobstannard.com
Tue Dec 18 13:47:52 EST 2007


Very helpful, Ray.  Thank you.

 

Bob 

 

------------------------------------------------------------

Stannard Associates, Inc.

Robert J. Stannard, Pres

117 Sleepy Hollow Dr.

Manchester Center, Vt. 05255

802-362-3658 phone/fax

802-345-0786 cell

bob at bobstannard.com

 

  _____  

From: Raymond Shadis [mailto:shadis at prexar.com] 
Sent: Tuesday, December 18, 2007 12:58 PM
To: Bob Stannard; 'Dolph Honicker'; 'Wild Clearing'; 'Group No-New-Nukes'
Cc: 'Freeman, Dave #2'; 'List Nukenet'; Chris Williams; 'Freeman, S. David';
Harvey Schaktman; Deb Katz; nucnews at yahoogroups.com
Subject: *****SPAM***** Re: [NukeNet] [no-new-nukes-yall] Browns Ferry
repair costs $90 million above budget [$1.8 billion project]

 

Dear Bob, 

 Life time capacity factors might be had from a search of the NRC website -
www.nrc.gov.  Inparticular one might want to look at back issues of NUREG
1350.  The 2002 and 2005 issues yield the following for VY: 
AVG CAPACITY FACTOR (%)
1996 - 84.8
1997 - 95.5
1998 - 71.9
1999 - 90.9
2000 - 101.5
2001 - 93.4
2002 - 88.7
2003 - 99.5

Generally, the approximately biennial cycling in this set of numbers is
largely attributable to refueling outages. Where capacity factors fall below
those of fossil fuel plants, one might legitimately add in the difference in
cost between spot market replacement power and long term alternatives. 

 "Add the cost of building it,  repairing it,  interest on it's debt, total
operating cost, and the cost of the fuel."  
These costs are included in the price of VY generated electricity . They are
all ready added in - along with, given certain exceptions,  high and low
level waste disposal and decommissioning.
"Calculate the true cost of   the amount of total electricity it has
produced, not just the cost of fuel."  
Some costs to the public -in the form of tax dollars - are not added in to
the cost per kilowatt that consumers pay. Tax- breaks (as in Vermont),
subsidies, and R&D and certain other uncompensated costs, for example,
health impact costs, some aspects of emergency planning, security, some
federal and state oversight costs, and environmental damages are not added
in and should be added in the actual cost per KW.  There are likely some
other hidden costs that do not fall under these broad categories..(negative
impacts on real estate values and tourism?) ...leave it to more discerning
minds than mine to identify and quantify them.

Thanks for your interest and all the good work that you do. 

Ray

Consultant to
New England Coalition 






At 07:13 AM 12/18/2007, Bob Stannard wrote:



NukeNet Anti-Nuclear Network (nukenet at energyjustice.net)


I cannot emphasize enough the importance of Jeannine's inquiry below.  The
article in question from Wes concerned me as it pertains, to some degree, to
the case that I am formulating for the closure of the VY plant here in
Vermont.  I would welcome a response to Jeannine's question if one exists.
 
Thanks

Bob Stannard
 
------------------------------------------------------------
Stannard Associates, Inc.
Robert J. Stannard, Pres
117 Sleepy Hollow Dr.
Manchester Center, Vt. 05255
802-362-3658 phone/fax
802-345-0786 cell
bob at bobstannard.com
 

  _____  

From: nukenet-bounces at energyjustice.net [
<mailto:nukenet-bounces at energyjustice.net>
mailto:nukenet-bounces at energyjustice.net] On Behalf Of Dolph Honicker
Sent: Tuesday, December 18, 2007 7:03 AM
To: Wild Clearing; Group No-New-Nukes
Cc: Freeman, Dave #2; List Nukenet; nucnews at yahoogroups.com; Freeman, S.
David
Subject: Re: [NukeNet] [no-new-nukes-yall] Browns Ferry repair costs $90
million above budget [$1.8 billion project]
 
If you include the time from when this reactor was first brought on line,
until today, what is the capacity factor, or the availability factor?
Anyone know?
 Add the cost of building it,  repairing it,  interest on it's debt, total
operating cost, and the cost of the fuel.  Calculate the true cost of   the
amount of total electricity it has produced, not just the cost of fuel.  How
much per kilowatt hour are we paying?  Has anyone ever done this?
 
Jeannine



  _____  

CC: nukenet at energyjustice.net; nucNews at yahoogroups.com
To: no-new-nukes-yall at yahoogroups.com
From: wildclearing at wildclearing.com
Date: Tue, 18 Dec 2007 05:55:03 -0500
Subject: [no-new-nukes-yall] Browns Ferry repair costs $90 million above
budget [$1.8 billion project]
 
 
Browns Ferry repair costs $90 million above budget --  [$1.8 billion
project]
 
By Dave Flessner, Staff Writer
The Chattanooga Times Free Press
 
Chattanooga, TN - The repair and upgrade of TVA's oldest nuclear reactor
ended up costing $90 million more than originally budgeted, and so far the
unit has operated at less than its forecasted long-term reliability,
according to TVA documents filed with the U.S. Securities and Exchange
Commission last week.
 
But TVA's chief operating officer said Monday that the restart this spring
of the Unit 1 reactor at the Browns Ferry Nuclear Power Plant in Alabama is
saving TVA money and will be a better-than-expected investment because of
the rising costs of other energy sources.
 
 
"Even at the higher costs, Browns Ferry still represents a significant value
for TVA," said TVA Executive Vice President Bill McCollum Jr. "The payback
should actually be better than the original estimates, primarily because the
value of that energy is greater today."
 
In its first four months of operation, the Browns Ferry unit saved TVA $196
million compared with more expensive power the utility otherwise would have
had to buy to meet its power demand, Mr. McCollum said.
 
In its annual financial report, TVA said it finished the Browns Ferry
project on time and within 5 percent of its original budget forecast. That
compares favorably to TVA's nuclear power construction program a generation
ago when some reactors cost several times more than originally forecast.
 
The first reactor at the Watts Bar Nuclear Plant near Spring City, Tenn.,
for instance, took 22 years to build and cost more than $6.8 billion, or
nearly 10 times its original estimate.
 
Critics of nuclear power contend that the cost overruns at Browns Ferry
raise concerns about the costs of nuclear plants as TVA and other utilities
make plans to add more reactors. Stephen Smith, executive director for the
Southern Alliance for Clean Energy in Knoxville, said TVA has "really hyped
the advantages of nuclear power.
 
"Browns Ferry certainly came out better than the huge cost overruns we saw
in the past with these nuclear plants, but $90 million is still a
significant amount of money," Mr. Smith said. "The plant also is running
below the optimistic production levels TVA said it would achieve and has had
a lot of trips that raise questions about whether TVA rushed to get it
finished."
 
Since the Unit 1 reactor at Browns Ferry resumed power generation on June 2,
the plant has operated 78.8 percent of the time. The reactor has had five
unplanned shutdowns, or more than 10 times the industry average for such
outages at operating plants, according to data compiled by the Nuclear
Energy Institute.
 
But TVA spokesman John Moulton said such shutdowns are more common when a
new plant is being started or a unit is being reactivated after a prolonged
outage. TVA shut down the Browns Ferry reactor because of safety concerns in
1985 and the unit remained idle until this spring.
 
"These type of outages are to be expected when you restart a unit like
this," he said. "The capacity factor is comparable to what TVA saw with
units 2 and 3 after prolonged outages at Browns Ferry and those reactors are
now performing very well."
 
Inspectors for the Nuclear Regulatory Commission reviewed the five outages
at the Unit 1 reactor at Browns Ferry in November. NRC spokesman Ken Clark
said Monday the NRC expects to issue its findings from its review in early
2008.
 
Mr. McCollum said in November that he did not anticipate any problems.
 
"I think they (NRC staffers) were well satisfied with the work that our
staff has done to investigate the causes and see what we need to do," he
said.
 
In its financial filings, TVA said the $90 million cost overrun primarily
was because of the expense of boosting the power output of the unit by
another 130 megawatts. TVA conducted a detailed engineering plan to repair
Browns Ferry Unit 1 before the TVA board decided in May 2002 to restart the
unit.
 
The initial $1.8 billion, 60-month budget for the Browns Ferry repairs
included plans to boost the power output of the unit by more than 10
percent. But Mr. McCollum said that portion of the project required
licensing approval and costs more than originally forecast.
 
The restart of the unit after its 22-year outage won acclaim from industry
groups and President Bush. During a visit to the plant in June, the
president called the Browns Ferry reactor "a reliable source of low-cost
energy."
 
"This is a demonstration that one is capable of doing a job on time and on
budget," Mr. Bush told more than 200 plant employees during a speech touting
the advantages of nuclear power.
 
In November, the editors of Platts Insight, a global energy news service
owned by McGraw-Hill Co., recognized the recovery of Browns Ferry Unit 1 as
their Energy Construction Project of the Year. During the judging of
projects in London earlier this year, one of the Platts' reviewers said the
restart of Browns Ferry "was like converting a DC-3 airplane to a 747 in
midair."
 
Wes Rehberg
Wild Clearing
www.wildclearing.com
www.nonviolentways.org
 
 
 
 
 
 
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