I disagree!!!
Posted on 01/05/2025 7:03:48 PM PST by blueplum
NEW YORK/WASHINGTON, Jan 2 (Reuters) - Constellation Energy has been awarded a record $1 billion in contracts to supply nuclear power to the U.S. government over the next decade, the company said on Thursday. Constellation, the country's largest operator of nuclear power plants, will deliver electricity to more than 13 federal agencies as part of the agreements with the U.S. General Services Administration. The deal is the biggest energy purchase in the history of the GSA....
(Excerpt) Read more at reuters.com ...
Might as well. Nuclear power is almost foolproof now as long as democrats don’t get near it.
Anything put in place now is there to keep Trump and us from realizing our goals.
This likely locks down a massive source of energy so it can only be used for big government bureaucracy — and should DOGE take effect “Constellation” will no doubt still receive its payments even if it supplies zero energy to zero people.
You know how many wind mills they could plan on installing for that kind of money?
From a consumer standpoint, this doesn’t seem great. Granted, I’ve committed very little thought to the scenario but on the surface this just seems like more of the green / net zero BS as adopted by the FedGov. The same FedGov that has actively prohibited the deployment of new nuclear energy for the last 25 years including the 10+ year attempt by Texas to add a new reactor that ended up being abandoned during the Obama admin who actively helped kill the effort. Perhaps I’ve just grown cynical.
“Constellation said the deal will enable it to extend the licenses of existing nuclear plants and invest in new equipment and technology that will increase output by about 135 megawatts.”
Increasing our nation’s energy supply by 135 megawatts isn’t nothing but it doesn’t sound like a lot over a 10 year period.
But I do feel better knowing President Biden has been at work to make this success happen.
Clean, reliable, small footprint power for the Feds while us peons get more not-so-clean, unreliable, huge footprint solar & wind.
More & more the gubmint serves itself, not the people. I am counting on Trump to change this.
We’ve had them as our gas company for years.
Exactly. This is deep state self-serving, hardening its bunkers from its own disastrous policy bombs.
“Increasing our nation’s energy supply by 135 megawatts isn’t nothing but it doesn’t sound like a lot over a 10 year period.”
That’s downright puny! A normal sized nuclear plant produces about 10 times that.
Does this mean that new nuke plants are back on the table.
I think the News article’s title is a little misleading.
I think this contract is more about maintenance/upgrade/etc. than anything else.
Just one new Nuclear power plant itself would be over a Billion I’d think.
It wasn’t the Fed’s who stopped the process for the STP reactors three and four. They issued the combined construction and operating licences.
https://www.nrc.gov/reactors/new-reactors/large-lwr/col/south-texas-project.html
https://www.global.toshiba/ww/news/corporate/2016/02/pr1001.html
Lack of investors was the issue because natural gas turbines are a fraction of the cost of a reactor plant and gas is cheap since fracing unlocked West Texas gas in huge amounts.
https://world-nuclear-news.org/Articles/Toshiba-scraps-project-to-build-ABWRs-in-Texas
They offered “100% nuclear” to homeowners in DC, saying they are green and reliable and won’t raise rates as fast as “renewable” electricity.
NY will try to tax it. BTW NY “republican” congresscritters are trying to make SALT deductions a condition for approving federal revenue bills.
More throwing gold bars off the Titanic.
I’m sure the only scrutiny given to these contracts is being sure the recipients have the correct political affiliation. Zero concern for the taxpayer getting any value for spending tax revenue.
This is why so many companies Obama awarded money to went bankrupt. This is why Boeing has been transformed into a complete failure of a company. Zero accountability.
Hopefully, President Trump can rip up this and all similar awards and renegotiate them. I don’t trust the Biden administration to spend one dollar helpfully, and it certainly should not have control over spending that spans into the next three administrations.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.