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Massachusetts nuclear power plant to close by 2019
PennEnergy ^ | October 13, 2015 | Associated Press

Posted on 10/14/2015 6:00:42 AM PDT by thackney

The owners of the Pilgrim Nuclear Power Station in Plymouth have announced that they will close the plant by June 2019.

Entergy Corp. said Tuesday it is closing the only nuclear power plant in Massachusetts because of "poor market conditions, reduced revenues and increased operational costs."...

...The plant needs millions of dollars in safety improvements.

The plant was relicensed in 2012 for 20 years....

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


TOPICS: News/Current Events; US: Massachusetts
KEYWORDS: electricity; energy; nuclear
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To: FourtySeven
Coincidence?
21 posted on 10/14/2015 10:33:24 AM PDT by St_Thomas_Aquinas ( Isaiah 22:22, Matthew 16:19, Revelation 3:7)
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To: thackney
The big problem is that MA towns won't allow the electric companies to run new gas pipelines. Plenty of gas. No pipelines.

And it's not going to change anytime soon. We're going to have to put solar panels on our roof. It's the only option we have.

22 posted on 10/14/2015 10:38:42 AM PDT by St_Thomas_Aquinas ( Isaiah 22:22, Matthew 16:19, Revelation 3:7)
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To: hal ogen

I just fervently hope thaT the Congress does not pass anything like heating oil credits so they do not feel the proper pain they deserve.

When I lived in NE it was such a travesty in them shutting nuclear, no coal, refusing natural gas pipelines NIMBY and totally dependent upon heating oil, and expecting the other states to subsidize their fuel needs by assist in offsetting cost of fuel oil.

Disgusting.


23 posted on 10/14/2015 10:50:42 AM PDT by bestintxas (every time a RINO loses, a founding father gets his wings.)
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To: Ditto
"...82 of the 117 U.S. nuclear power plants, including seven in the process of shutting down, don’t have enough cash on hand to close safely, according to NRC records. And closing tends to cost more than operators expect. Based on NRC filings, the actual combined cost may be somewhere in the neighborhood of $100 billion -- $43 billion more than the current balance of the trust funds."

http://www.bloomberg.com/news/articles/2015-05-03/radioactive-and-short-on-cash

24 posted on 10/14/2015 1:50:23 PM PDT by Rodamala
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To: St_Thomas_Aquinas

25 posted on 10/14/2015 1:55:27 PM PDT by Rodamala
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To: Rodamala
Deceptive quote from a deceptive article, and I notice you didn't include this quote from the same article;

The plants are on track to meet their required funding levels, said Michael Dusaniwskyj, an NRC economist. It’s fine to have less money now because the funds will grow through investments, he said. Both Jennifer Young, a FirstEnergy spokeswoman, and Jerry Nappi, an Entergy spokesman, said there’s enough time for their decommissioning funds to increase to meet costs.
Moreover, you first post on this thread claimed that taxpayers were paying to decommission plants, yet you have presented zero evidence to back up that claim.
26 posted on 10/15/2015 5:46:28 AM PDT by Ditto
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To: Ditto

You receive evidence every month when you receive your utility bill.

The surcharges on those utility bills to meet NRC obligations are completely seethrough as taxes, read as: theft under color of authority.

It’s unsustainable, period. Maybe we can get some more dreamers paying utility bills to cover these taxes... I mean “surcharges”? Screw it... let’s all just start paying $2.00 kWh for electric power... Let’s force the Amish to get on the grid and start paying into the fund.

They need to pay for “their fair share”.

As for these funds, what are they investing in exactly in this bogus economy that can possibly outpace inflation? 3 month Treasury Bills just sold at auction for 0%, for crying out loud.

And no, there is not “enough time for their decommissioning funds to increase to meet costs”. Plants are closed and awaiting full decommissioning, because THERE IS NOT ENOUGH MONEY THERE TO DO IT.


27 posted on 10/15/2015 6:08:50 AM PDT by Rodamala
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To: Rodamala
The surcharges on those utility bills to meet NRC obligations are completely seethrough as taxes, read as: theft under color of authority.

Boy... you keep changing your line of argument. First, it was sweetheart crony capitalist deals to pay for decommissioning, now you are switching to it is unfair for ratepayers paying their utility bills for the service they receive and the associated costs involved in producing that electricity.

Which is it Buddy? Do you somehow think your are entitled to free electricity?

If the utilities don't get the money from their customers, where the hell do you think they are going to get it?

28 posted on 10/15/2015 6:18:12 PM PDT by Ditto
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To: Rodamala
Plants are closed and awaiting full decommissioning, because THERE IS NOT ENOUGH MONEY THERE TO DO IT.

Name one!

29 posted on 10/15/2015 6:20:07 PM PDT by Ditto
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To: Ditto

I’m not your buddy, FRiend.


30 posted on 10/16/2015 5:36:20 AM PDT by Rodamala
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