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To: WOSG
Not that I agree with Al Gore’s Global Warming rantings, but Global Warming fearmongering has been quite helpful in restarting nuclear power plant building. That and $7/mcf for natural gas. Ten years ago, the ‘future’ was natural gas cmbined cycle plants - best economics. But it was built on the basis of cheap gas. I owned calpine stock for a while, and watched that company go to nothing as gas rose and made their gas-fired-power-plant-building strategy untenable.

Those of us working stiffs in the electric utility industry predicted that natural gas rates would skyrocket, which they did. Adding a large chunk of demand vs. a slowly-changing supply did the trick. But gas-fired turbine generators were/are cheap to build, and have been politically pallatable for the last several years while coal and nuclear have been on the s-list for a few decades.

The tide has changed somewhat, and TVA (Tennessee Valley Authority) spent a good sum of money re-firing the Browns' Ferry Nuclear Plant's 1155 megawatt generating unit #1, which has sat idle since 1985. This is the first (to my knowledge) move towards adding nuclear-powered generation to the grid in decades.

Coal has also taken a significant turn upward with some 14,000+ megawatts of new coal-fired generation planned to be on line in 2009. That's significant, though I'm not sure of the construction status of these proposals. I'm sure that the environazis have filed their objections to all.

I do know that the supply side is tight, and barring some additions to the supply, we will be experiencing the effects of load reduction up to and including rolling blackouts in many areas if we don't add supply.

138 posted on 07/04/2007 10:09:15 AM PDT by meyer (It's the entitlements, stupid!)
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To: meyer

A lot of good points ....

“The tide has changed somewhat, and TVA (Tennessee Valley Authority) spent a good sum of money re-firing the Browns’ Ferry Nuclear Plant’s 1155 megawatt generating unit #1, which has sat idle since 1985. This is the first (to my knowledge) move towards adding nuclear-powered generation to the grid in decades.”

Yes, Brown’s Ferry restart is the beginning of the ‘nuclear renaissance’ that will surely occur in the next 10-15 years.
We can also thank the 2005 energy bill for fixing a few things in law that was stopping new nuclear plant construction.

“Coal has also taken a significant turn upward with some 14,000+ megawatts of new coal-fired generation planned to be on line in 2009. That’s significant, though I’m not sure of the construction status of these proposals. I’m sure that the environazis have filed their objections to all.”

This is where the global warming factor comes in, not to mention the (reasonable imho) objections to pollution in local areas that have coal plants. The tide is shifting where, for various reasons, coal plants are goign to be resisted a lot more heavily by interest groups and local communities than nuclear plants will be. We saw that in Texas this past year.
Coal and nuclear are close in cost, with the edge to coal, but the utils are not sure about future regulation of CO2 and may have difficulty getting support for coal plant construction. If you had to abate CO2 emissions, nuclear is a better deal economically by far. Hence, the utilities that are smart are looking to nuclear to hedge their bets and/or make it their baseload backbone.
Excelon continues to excel with this strategy.


139 posted on 07/04/2007 12:07:07 PM PDT by WOSG (thank the Senators who voted "NO": 202-224-3121, 1-866-340-9281)
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To: meyer
Those of us working stiffs in the electric utility industry predicted that natural gas rates would skyrocket, which they did. Adding a large chunk of demand vs. a slowly-changing supply did the trick.

Probably one of the most bone-headed disasters this country ever undertook, using NG in central power stations, whether it be baseload, GT, or combined cycle, whatever. Anyone with an elementary knowledge of economics could see the fallout. Huge increase in demand and a limited supply means skyrocketing prices and shortages. The wackos won't allow any increase in supply (try siting an LNG terminal, which makes siting a nuclear plant seem like child's play). So costs go up, supply dwindles. Yep, sure takes a brainiac to figure that one out.

So we're diverting a perfectly transportable fuel, one very well matched to end use in many applications (building heating, cooking, some industrial processes) and burning it up making electricity, which involves losses, and transporting that, which incurs further losses. The very first thing a nuclear revival, if it happens, should displace, is use of NG in utility applications, as much as possible. And if that means spending some effort improving the load-following capability of nuclear plants, I say do it, and save the NG for better uses.

148 posted on 07/04/2007 5:39:31 PM PDT by chimera
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