Nuclear

IEEFA Research

IEEFA Brief: U.K. Government at Risk in Over-Budget Nuclear Project That Stands Incomplete

IEEFA Brief: U.K. Government at Risk in Over-Budget Nuclear Project That Stands Incomplete

A Sensible ‘Plan B’ for Hinkley Point C Project in Somerset Would Avoid Extending Public Loan Guarantees

Oct. 16, 2017 (IEEFA.org) — A research brief published today by the Institute for Energy Economics and Financial Analysis cautions the U.K. government against investing further in an unfinished nuclear project on the Bristol Channel in southwest England. The brief — “A Half-Built, High-Priced Nuclear White Elephant: How Should the U.K. Proceed With This Troubled […]

October 16, 2017 Read More →
India’s Plan to Build 12 New Nuclear Reactors Is Fraught With Risk

India’s Plan to Build 12 New Nuclear Reactors Is Fraught With Risk

Projects at Kovvada and Mithi Virdi Are Not Economically or Financially Viable

We’ve just published a report that explores what we believe are unacceptably high risks and costs of the Indian government’s proposal to build 12 new nuclear reactors. Our study, “Bad Choice: The Risks, Costs and Viability of Proposed U.S. Nuclear Reactors in India,” finds the plan, which would put six reactors each at Kovvada and […]

Report: FirstEnergy Seeks a Subsidized Turnaround

Report: FirstEnergy Seeks a Subsidized Turnaround

FirstEnergy: A Major Utility Seeks a Subsidized Turnaround (pdf) By Tom Sanzillo, Director of Finance and Cathy Kunkel, Fellow Institute for Energy Economics and Financial Analysis

October 6, 2014 Read More →
Briefing note: Fossil fuels, energy transition & risk

Briefing note: Fossil fuels, energy transition & risk

 Briefing note: Fossil fuels, energy transition & risk (pdf)

June 5, 2014 Read More →

More News and Commentary

IEEFA update: Vogtle nuclear reactor, a runaway project nobody needs

In announcing earlier this month that Southern Company was raising its subsidiary Georgia Power’s share of the already-too-expensive and long-delayed Vogtle nuclear project by $1.1 billion, CEO Tom Fanning increased the utility’s 45.7 percent stake in the plant to $8.4 billion. It seems a highly misguided move. While Fanning continued to defend the roughly 2,234 […]

August 17, 2018 Read More →

Trump administration continues to work on bailout for coal, nuclear plants

Bloomberg News: The Federal Energy Regulatory Commission is helping the Trump administration identify “critical” coal and nuclear power plants, a key step in the White House’s contentious plan to keep those facilities online in the name of national security. Anthony Pugliese, FERC’s chief of staff, told an American Nuclear Society conference this week that the […]

August 10, 2018 Read More →

Unable to compete with wind, Iowa nuclear plant will close five years ahead of schedule

Utility Dive: NextEra Energy will close its 601 MW Duane Arnold nuclear plant in Iowa in late 2020 after reaching an agreement with utility Alliant to end its power purchase agreement (PPA) with the plant five years early. Nuclear plants in the U.S. are under pressure from cheap natural gas and renewables, forcing many to […]

July 30, 2018 Read More →

Exelon considering battery storage at its nuclear units

S&P Global Market Intelligence ($): The falling cost of lithium-ion batteries has prompted a “shift in the conversation” around energy storage at Exelon Corp., as the U.S. power generation giant and electricity supplier explores “a wide range of applications on both sides of the meter,” a company official said. “We haven’t revealed much of our […]

July 17, 2018 Read More →

IEEFA Europe: France, Germany and the U.K. are not on the same nuclear page

Policy muddle as one big EU economy hits pause on reactor buildout, another moves toward shutdown, a third plans expansion

LONDON — Europe’s three leading economies are taking three radically different approaches to nuclear power, reflecting contrasting national public priorities in a transition from fossil fuels, and showing the scale of government intervention in energy policy. France, Germany and the U.K. are all global top-20 generators of nuclear power by market share. France is No. […]

July 11, 2018 Read More →

Charts of the Day: A reversal of historical fortune for coal-fired electricity

Associated Press: Coal’s share of the world’s electricity mix was about 38 percent in 1997, and in 2017 it was about … 38 percent. Fossil fuels overall have actually increased their share, from 63 percent to 65 percent. Not exactly what folks in Paris or (even further back) Kyoto had in mind. When it comes […]

June 14, 2018 Read More →

Trump bailouts: Higher electricity costs ‘without any corresponding reliability, resilience, or cybersecurity benefits’

New York Times: When Mr. Trump came into office, he vowed to revive America’s coal mining industry by rolling back Obama-era environmental regulations. But coal keeps getting edged out by cheaper and cleaner alternatives. At least 15.4 gigawatts of coal capacity is set to retire this year, one of the biggest years on record, according […]

June 13, 2018 Read More →

Coal, nuclear plants susceptible to cyberattacks, experts say

Reuters: Bailing out nuclear and coal-fired power plants will not toughen the U.S. power grid against cyberattacks as the Trump administration claims, according to cyber experts, because hackers have a wide array of options for hitting electric infrastructure and nuclear facilities that are high-profile targets. While the administration had been arguing for months that “fuel […]

June 13, 2018 Read More →

DOE: No cost estimate for proposed coal, nuclear bailout

RTO Insider: A senior Department of Energy official told Congress on Thursday his agency has no estimates on the cost of the coal and nuclear power bailout President Trump ordered last week, as Democrats blasted the proposal. Trump directed Energy Secretary Rick Perry last Friday to force grid operators to provide a lifeline to struggling […]

June 8, 2018 Read More →

Critics pan Trump coal, nuclear support plan

U.S. News & World Report: President Donald Trump and Republican political leaders spent close to eight years accusing the Obama administration of picking winners and losers in the energy sector, but Trump’s order to the Energy Department last week to prop up failing coal and nuclear power plants does exactly what he vilified – and […]

June 5, 2018 Read More →