February 3, 2010

Experts: No Good Candidates Exist For Current Nuclear Reactor Loan Guarantee Bailout Funds, Much Less Tripled Amount Under Obama Budget Plan
WASHINGTON, D.C. What if the federal government held a beauty contest for taxpayer-backed nuclear reactor loan guarantee bailouts … and no reactor project "beauties" could be lined up for the runway?
According to experts from around the United States, that is precisely the situation the U.S. Department of Energy (DOE) faces today with the extraordinarily weak crop of four reactor project candidates vying for loan-guarantee bailouts. The four proposed projects at the top of the list for $18.5 billion in federal bailout support are: the Southern Company’s Vogtle reactors in Georgia (widely believed to be the current front runner); the NRG reactor project in Texas; the VC Summer reactors in South Carolina; and the Calvert Cliffs reactor in Maryland. Read more…
Plans for 2 new nuclear reactors appear to be in jeopardy
January 30, 2010
Texas’ prospects for leading the nuclear power renaissance turned bleak Friday.
The chief executive of NRG Energy, Texas’ second-largest power generator, said he’s willing to drop plans to build two new reactors in South Texas if the company cannot come to a favorable agreement with San Antonio utility CPS Energy.
A court ruling on Friday could allow the partners to continue to negotiate, but after months of soap-opera intrigue, rumors and finger-pointing between the companies, it’s unclear whether they can work together.
NRG could find itself scrambling for another investor and hoping to find one in time to win federal loan guarantees that could be handed out any day. The lack of an investor or loan guarantee would kill the nukes. Read more…
Protect Texas from Becoming Nations Radioactive Waste Dump
State Representative Lon Burnam Asks Tough Questions of Compact Commission
January 22, 2010
- Press Release 1/22/10
- Questions Rep. Lon Burnam asked of the Texas Low Level Radioactive Waste Disposal Compact Commission
SEED Coalition Opposes Radioactive Waste Dumping in Texas
The Texas Low-Level Radioactive Waste Disposal Compact Commission opens Texas up to dumping of radioactive waste from around the country in their Proposed Rule for exporting and importing radioactive waste. SEED does not want to see Texas become the nation’s radioactive waste dumping ground!
Read our comments to the Compact Commission and Expert reports:
Loan Program May Stir Nuclear Industry
December 24, 2009
WASHINGTON – When experts on power grid reliability asked themselves recently how a cleaner energy future would look, seven of eight regional councils imagined how their systems would work with 10 percent wind power.
Only one, representing the southeastern United States, chose a radically different option: doubling nuclear power capacity.
Thirty years after the American nuclear industry abandoned scores of half-built plants because of soaring costs and operating problems like the Three Mile Island accident, skepticism persists over whether the technology is worth investing in. Read more…

