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Power Producers Rush to Secure Nuclear Sites
Wall Street Journal ^ | January 29, 2007 | REBECCA SMITH

Posted on 01/28/2007 10:54:43 PM PST by MinorityRepublican

With the U.S. on the verge of building a new generation of nuclear power plants, potential owners are racing to identify and lock down the best sites in order to secure billions of dollars in federal subsidies pledged to first-comers.

Their efforts will test local and national attitudes more than two decades after nuclear accidents made headlines. They also represent a considerable financial gamble for the utility industry, which is moving ahead at a rapid pace despite uncertainty ranging from environmental opposition to finding a home for radioactive nuclear waste. In one case, the zeal to secure a promising site has resulted in a nasty legal battle.

A flood of applications seeking permission to build at least 30 reactors, primarily in the South, is expected to pour into the Nuclear Regulatory Commission beginning late this year. If built, the reactors would boost the nation's electricity supply by more than 30,000 megawatts, or 3%. A megawatt is enough to power at least 500 homes.

'A Horse Race'

Under recent legislation intended to jump-start development, Congress is dangling more than $8 billion worth of subsidies, plus loan guarantees, in front of the first few plants that get built. Practically speaking, companies must apply to the NRC this year or next to qualify for the special assistance -- a process that can cost $50 million apiece.

"It's like a horse race," says Adrian Heymer, senior director of new plant development at the Nuclear Energy Institute, a Washington, D.C.-based trade organization. "Most companies are striving to submit applications as fast as they can."

(Excerpt) Read more at online.wsj.com ...


TOPICS: Business/Economy; Culture/Society
KEYWORDS: energy; nuclear; nuclearplants; nuclearpower; nukes

1 posted on 01/28/2007 10:54:47 PM PST by MinorityRepublican
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To: MinorityRepublican

2 posted on 01/28/2007 10:55:11 PM PST by MinorityRepublican (Everyone that doesn't like what America and President Bush has done for Iraq can all go to HELL)
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To: MinorityRepublican

I didn't know there were so many. Any idea if there is a map showing waste sites?


3 posted on 01/28/2007 11:13:58 PM PST by sageb1 (This is the Final Crusade. There are only 2 sides. Pick one.)
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To: MinorityRepublican
Under recent legislation intended to jump-start development, Congress is dangling more than $8 billion worth of subsidies, plus loan guarantees, in front of the first few plants that get built.

IMO, the US should go slowly with new conventional reactors, and put money into R&D for Thorium reactors.

Here are some of the advantages:
(1) Weapons-grade fissionable material (uranium233) is harder to retrieve safely and clandestinely from the thorium reactor than plutonium is from the uranium breeder reactor.
(2) Thorium produces 10 to 10,000 times less long-lived radioactive waste than uranium or plutonium reactors.
(3) Thorium comes out of the ground as a 100% pure, usable isotope, which does not require enrichment, whereas natural uranium contains only 0.7% fissionable U235.
(4) Because thorium does not sustain chain reaction, fission stops by default if we stop priming it, and a runaway chain reaction accident is improbable.
(5)Conventional nuclear wastes can be burned in Thorium reactors(not mentioned in the linked article).
4 posted on 01/29/2007 1:07:55 AM PST by caveat emptor
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To: caveat emptor

I could not get your link to work and I am very interested in reading more about it.

I sincerely hope we start building more nuclear plants!


5 posted on 01/29/2007 1:11:20 AM PST by volunbeer (Dear heaven.... we really need President Reagan again!)
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To: volunbeer
I could not get your link to work and I am very interested in reading more about it.

Works for me. Try Google. I'd give you a link, but we already tried that.
6 posted on 01/29/2007 1:22:53 AM PST by caveat emptor
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To: sageb1

Nuclear power is incredibly reliable, clean and quiet, and does not directly or indirectly subsidise murderous Islamic nutjobs. We need more of this type of power generation.


7 posted on 01/29/2007 1:38:10 AM PST by John Valentine
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To: MinorityRepublican

Looks like the San Antonio, Tx area is a prime spot.


8 posted on 01/29/2007 5:11:40 AM PST by Wonder Warthog (The Hog of Steel-NRA)
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To: caveat emptor

Yes, and if you want a possible beneficiary of this effort think THPW.


9 posted on 01/29/2007 5:13:34 AM PST by shrinkermd
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To: caveat emptor
Always amazed at the thought provoking information routinely posted to this site. Thanks for the post. I really need to write a check to FR, I'm over due.
10 posted on 01/29/2007 5:26:38 AM PST by Made In The USA (Bacon is infidelicious)
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To: John Valentine

If you want electric or hybrid vehicles, why burn coal to create the electricity to charge up your vehicles? Nuke's are the way to go.


11 posted on 01/29/2007 6:26:07 AM PST by Jabba the Nutt (Jabba the Hutt's bigger, meaner, uglier brother.)
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To: caveat emptor; volunbeer; shrinkermd; Made In The USA
From Thorium

Thorium, as well as uranium and plutonium, can be used as fuel in a nuclear reactor. Although not fissile itself, 232Th will absorb slow neutrons to produce uranium-233 (233U), which is fissile. Hence, like 238U, it is fertile. In one significant respect 233U is better than the other two fissile isotopes used for nuclear fuel, 235U and plutonium-239 (239Pu), because of its higher neutron yield per neutron absorbed. Given a start with some other fissile material (235U or 239Pu), a breeding cycle similar to, but more efficient than that currently possible with the 238U-to-239Pu cycle (in slow-neutron reactors), can be set up. The 232Th absorbs a neutron to become 233Th which normally decays to protactinium-233 (233Pa) and then 233U. The irradiated fuel can then be unloaded from the reactor, the 233U separated from the thorium (a relatively simple process since it involves chemical instead of isotopic separation), and fed back into another reactor as part of a closed nuclear fuel cycle.

Problems include the high cost of fuel fabrication due partly to the high radioactivity of 233U which is a result of its contamination with traces of the short-lived 232U; the similar problems in recycling thorium due to highly radioactive 228Th; some weapons proliferation risk of 233U; and the technical problems (not yet satisfactorily solved) in reprocessing. Much development work is still required before the thorium fuel cycle can be commercialised, and the effort required seems unlikely while (or where) abundant uranium is available.

Nevertheless, the thorium fuel cycle, with its potential for breeding fuel without fast neutron reactors, holds considerable potential long-term. Thorium is significantly more abundant than uranium, and is a key factor in sustainable nuclear energy.

India, having about 25% of the world's reserves, has planned its nuclear power program to eventually use thorium exclusively, phasing out uranium as a feed stock. This ambitious plan uses both fast and thermal breeder reactors. The Advanced Heavy Water Reactor and KAMINI reactor are efforts in this direction.

12 posted on 01/29/2007 6:35:58 AM PST by Pyro7480 ("Give me an army saying the Rosary and I will conquer the world." - Pope Blessed Pius IX)
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To: John Valentine

Just looking for a map, but thanks for your comment.


13 posted on 01/29/2007 7:24:18 AM PST by sageb1 (This is the Final Crusade. There are only 2 sides. Pick one.)
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To: Pyro7480
Thanks for your very informative post. I grasp some of what you wrote but certainly not all. I am most interested in whys and why nots of thorium reactors. I note you have a somewhat (at this time) a skeptical view as to whether they would work. If you have a reference or further comments I would appreciate it.

In the meantime thanks for what you have done.
14 posted on 01/29/2007 8:21:28 AM PST by shrinkermd
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To: sageb1

Nuclear Energy Institute

15 posted on 01/29/2007 9:09:08 AM PST by thackney (life is fragile, handle with prayer)
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To: sageb1

Locations of Independent Spent Fuel Storage Installations, U.S. Nuclear Regulatory Commission

16 posted on 01/29/2007 9:11:32 AM PST by thackney (life is fragile, handle with prayer)
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To: thackney

Thank you very much!


17 posted on 01/29/2007 9:36:28 AM PST by sageb1 (This is the Final Crusade. There are only 2 sides. Pick one.)
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