Up, Up, Up It Goes!!
Jun. 17th, 2008 12:20 pmConsider buying any other item where the response to "How much will this cost?" gives a return response, "We can only guess." I suppose that's an improvement over "too cheap to meter".
Once again, you can't make stuff like this up!
Voters Won't Like Hearing What New Reactors Cost - Globe and Mail - 17 Jun 08
"When the government first received advice in 2005 about its power-supply system, the Ontario Power Authority was assuming nuclear construction costs of $2,600 per kilowatt or $2.6-billion for a 1,000-megawatt reactor. It is to dream. Now, a U.S. industry group, the Washington-based Nuclear Energy Institute, is saying that the figure is at least $3,500 per kilowatt and this might even be a low ball.
Last fall, for example, Moody's Investors Service said new reactors could cost as much as $6,000 per kilowatt. The company said this was 'only marginally better than a guess,' but this spring, Florida Light and Power proposed building new units at a cost of up to $8,000 per kilowatt or $12-billion per reactor."
Once again, you can't make stuff like this up!
Voters Won't Like Hearing What New Reactors Cost - Globe and Mail - 17 Jun 08
"When the government first received advice in 2005 about its power-supply system, the Ontario Power Authority was assuming nuclear construction costs of $2,600 per kilowatt or $2.6-billion for a 1,000-megawatt reactor. It is to dream. Now, a U.S. industry group, the Washington-based Nuclear Energy Institute, is saying that the figure is at least $3,500 per kilowatt and this might even be a low ball.
Last fall, for example, Moody's Investors Service said new reactors could cost as much as $6,000 per kilowatt. The company said this was 'only marginally better than a guess,' but this spring, Florida Light and Power proposed building new units at a cost of up to $8,000 per kilowatt or $12-billion per reactor."