Nukes Too Expensive Sez Warren Buffett's Company

If homeboy Warren Buffett and/or his associates think it's a bad idea perhaps it's not just a hippy eco-freak problem, eh?   Due diligence.  Not a term commonly used with nuclear energy, imo. 

FWIW, I met Bill Fehrman when he was the head of NPPD.  He came to the Nebraska State Energy Office to meet with all the local wind folks regarding Community-Based Energy Development (C-BED).  Very sharp guy.  He green-lighted the Ainsworth, Nebraska wind farm.  Buffett hired him away to run part of MidAmerican.

Warren Buffett Rejects Nuclear Plant in Idaho Due to High Cost - SunValleyOnline - 29 Jan 08

"Advocates of a nuclear power 'renaissance' are basing their appeals on the notion that nuclear power will be an inexpensive way to get new baseload capacity and to combat global warming. However, MidAmerican Nuclear Energy Company, owned by leading businessman Warren Buffett, has ended its pursuit of a nuclear energy facility in Payette County after the company spent $13 million researching the viability of the location."

MidAmerican Drops Idaho Nuclear Project Due to Cost - Reuters - 29 Jan 08

"A spokesman for MidAmerican said Tuesday the company informed local elected officials of its decision on Jan. 25, posted the notice on its Web site and sent letters to Payette County residents.  'Consumers expect reasonably priced energy, and the company's due diligence process has led to the conclusion that it does not make economic sense to pursue the project at this time,' Bill Fehrman, President of MidAmerican Nuclear Energy Co, said in the letter to Payette County residents."

Nukes Too Expensive Sez Warren Buffett's Company

If homeboy Warren Buffett and/or his associates think it's a bad idea perhaps it's not just a hippy eco-freak problem, eh?   Due diligence.  Not a term commonly used with nuclear energy, imo. 

FWIW, I met Bill Fehrman when he was the head of NPPD.  He came to the Nebraska State Energy Office to meet with all the local wind folks regarding Community-Based Energy Development (C-BED).  Very sharp guy.  He green-lighted the Ainsworth, Nebraska wind farm.  Buffett hired him away to run part of MidAmerican.

Warren Buffett Rejects Nuclear Plant in Idaho Due to High Cost - SunValleyOnline - 29 Jan 08

"Advocates of a nuclear power 'renaissance' are basing their appeals on the notion that nuclear power will be an inexpensive way to get new baseload capacity and to combat global warming. However, MidAmerican Nuclear Energy Company, owned by leading businessman Warren Buffett, has ended its pursuit of a nuclear energy facility in Payette County after the company spent $13 million researching the viability of the location."

MidAmerican Drops Idaho Nuclear Project Due to Cost - Reuters - 29 Jan 08

"A spokesman for MidAmerican said Tuesday the company informed local elected officials of its decision on Jan. 25, posted the notice on its Web site and sent letters to Payette County residents.  'Consumers expect reasonably priced energy, and the company's due diligence process has led to the conclusion that it does not make economic sense to pursue the project at this time,' Bill Fehrman, President of MidAmerican Nuclear Energy Co, said in the letter to Payette County residents."