Despite all the recent hype about nuclear power, a new renaissance in the industry may not be in America”s future.
At least, that”s how many have interpreted recent statements by new FERC chairman Jon Wellinghoff, who created quite a stir in the industry with his assertion that price considerations could make nuclear power unnecessary.
In Texas alone, power companies and investors have announced tentative plans for eight new nuclear generators. But Wellinghoff, quoted in The New York Times, said: “I think [new nuclear expansion] is kind of a theoretical question, because I don”t see anybody building these things, I don”t see anybody having one under construction.”
Building nuclear plants is cost-prohibitive, he said, adding that the last price he saw was more than $7,000 a kilowatt — more expensive than solar energy. “Until costs get to some reasonable cost, I don”t think anybody”s going to [talk] that seriously,” he said.
— Clarence Johnson
Is a policy analyst consultant for TCAP, a coalition of political subdivisions in Texas that purchase electricity in the deregulated market for their own governmental use. Because energy costs are typically a significant budget item to our members, TCAP is consistently looking for ways to save our members money, through cost-saving contracts, energy efficiency or demand response programs.