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NRG pulls financial support for South Texas nuclear plant expansion
Austin American Statesman ^ | 4.19.11 | Asher Price and Marty Toohey

Posted on 04/19/2011 9:23:22 PM PDT by trumandogz

A multibillion-dollar expansion of a South Texas nuclear facility appears to have been derailed by last month's tsunami in Japan.

NRG Energy, the company orchestrating the expansion plans — and hoping Austin would partner with it in some capacity — said Tuesday that it was pulling its financial support, leaving a multibillion-dollar gap other partners would have to fill.

NRG President and CEO David Crane said the expansion faces "diminished prospects" in the aftermath of the tsunami that devastated Japan last month and caused the world's biggest nuclear crisis since Chernobyl at the damaged Fukushima nuclear plant.

(Excerpt) Read more at statesman.com ...


TOPICS: Business/Economy; Government; News/Current Events; US: Texas
KEYWORDS: fukushima; stnp
I think this means that nuclear power is dead for the next 50 or so years.
1 posted on 04/19/2011 9:23:24 PM PDT by trumandogz
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To: trumandogz

Probably. In the meantine, there’s still a lot of nuclear waste lying about in this country. Perhaps we could finally address that first.


2 posted on 04/19/2011 9:33:22 PM PDT by Vince Ferrer
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To: trumandogz
appears to have been derailed by last month's tsunami in Japan...

Or simply payback for an insolent Texas reporter.
3 posted on 04/19/2011 9:40:15 PM PDT by SpaceBar
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To: SpaceBar

“appears to have been derailed by last month’s tsunami in Japan...”

That was one damn big tsunami!


4 posted on 04/19/2011 9:44:50 PM PDT by trumandogz
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To: trumandogz
Oh yeah, you can bet nuclear power will take a huge hit in this country, as this government never lets a crisis go to waste.

Why not build newer, safer, more up to date nuclear plants, instead of operating plants that are 40 some years old & have to be constantly updated to measure up to the safety standards set forth by the NRC?

Guess they better start getting up those windmills & fast!!!

5 posted on 04/19/2011 10:15:27 PM PDT by blondee123 (TRUMP=WINNING OBAMA=YOU'RE FIRED!!!)
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