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

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 →

White House plan to bail out coal and nuclear will cost consumers

Wall Street Journal: The Energy Department is proposing a new plan to bail out failing nuclear and coal-fired power plants by forcing grid operators to take the electricity they produce, a move that could upend competitive power markets and raise prices for consumers. The plan—a draft now under White House review—isn’t the first attempt by […]

June 4, 2018 Read More →

Lawsuit Argues FirstEnergy Is Shorting Nuclear Cleanup Fund

The Plain Dealer: FirstEnergy’s power plant subsidiaries have not put enough money into federally mandated decommissioning trust funds to pay for the shutdown and cleanup of each of its four nuclear reactors, charges an environmental group with a reputation as a legally effective environmental advocate. The Chicago-based Environmental Law and Policy Center, or ELPC, made […]

May 23, 2018 Read More →

Ohio Contractor Transitions From Nuclear and Coal to Solar

Midwest Energy News: An Ohio construction firm that got its start working on nuclear and coal-fired power plants is now experiencing steady growth from solar and energy efficiency projects for industrial and institutional customers. Rudolph Libbe Group celebrated a ribbon-cutting ceremony last week at its new Northeast Ohio headquarters in suburban Cleveland. The renovated building […]

May 23, 2018 Read More →

Quarter Of Nuclear Plants Are Losing Money—Bloomberg

Bloomberg: More than a quarter of U.S. nuclear power plants don’t make enough money to cover their operating costs, raising the threat of more early retirements. Of the 66 nuclear power plants operating in the U.S., 24 are either scheduled to close or probably won’t make money through 2021, according Nicholas Steckler, an analyst with […]

May 17, 2018 Read More →

Conservatives Pan Coal, Nuclear Bailout Plan

Washington Examiner: Energy Secretary Rick Perry’s statement that the Trump administration is looking “very closely” at using at using a Cold War-era law to save coal and nuclear plants sparked skepticism from energy experts and industry officials, who questioned how legislation designed to protect national security could apply. The Defense Production Act of 1950 was […]

May 10, 2018 Read More →