Yes, that's as I have heard and read elsewhere.I have been personally involved in three nuclear plant uprates as an engineer. The economic case for that expansion of power was a fraction of the cost of adding new construction of any other fuel or energy source. Similarly license renewal for nuclear plants has been accomplished at a fraction of the cost of building new plants.
I should have said Progress above, not FPL, though both have new nuclear plans:But we are facing the same kind of situation in power generation as in much of our infrastructure. It is aging and we need to get started on plans for replacement.
So why would FPL be trying to lose money? By your calculation how much will they have to charge customers for power to brek even? Sounds to me like we have a valuable topic for discussion here.
http://westorlandonews.com/2011/08/18/progress-energy-fpl-could-slap-consumers-with-higher-rates/ [Broken]West Orlando News said:The state Public Service Commission finished hearing arguments Wednesday about Progress Energy Florida’s request to pass along about $140 million in costs to customers next year for nuclear projects.
I believe some ~$3B of the total is transmission.Are there any details that would help us understand that $20 Billion estimate?
Last I looked best to worst new plant development time was 10-15 years, so that's from memory.Where did you get the 13 year construction schedule?
I don't think the operational costs are the problem. The upfront capital costs are the problem.Best performers in the nuclear industry produce at costs lower than $30 per MW-hr. Are new plant designs capable of better cost control?
Edit: a concern I have with the motivations of nuclear plant owners is based on your point about the large revenue stream from a 90% cap. factor plant, about which I entirely agree. IF the operators/owners are somehow allowed to divorce themselves from the development costs (e.g. FPL acquisition of Seabrook), then a nuclear plant is a giant cash cow that runs for decades without impact by fluctuation fossil fuel prices.
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