Radioactive Pigs at the Trough
Oct. 7th, 2008 12:33 pmThis just in on the federal nuclear loan guarantee applications.
Justing Moody's numbers for the estimated cost per kW you get: 28,800,000 kW x $7,000 per kW = $201,600,000,000 or just over 200 billion buckaroos. It's a good chunk of the $315 billion that McCain's nuclear folly would run.
Energy Department Takes Loan Applications - UPI- 06 Oct 08
"The U.S. Department of Energy announced it has received 19 federal loan applications for nuclear plants.
The applications came from 17 electric power companies to support the building of 14 nuclear power plants and 21 new reactors. An Energy Department representative said there are five reactor designs for the 21 reactors and all five have been certified, or are currently under review for possible certification, by the Nuclear Regulatory Commission."
"A new nuclear plant has not been built in the United States for more than 20 years. Industry leaders are asking for $122 billion in loan guarantees, a lot more than the $18.5 billion available under the Nuclear Power Facilities solicitation offered June 30.
Construction of all 14 nuclear plants is estimated to cost about $188 billion, and they are projected to be able to generate 28,800 megawatts."
Justing Moody's numbers for the estimated cost per kW you get: 28,800,000 kW x $7,000 per kW = $201,600,000,000 or just over 200 billion buckaroos. It's a good chunk of the $315 billion that McCain's nuclear folly would run.
Energy Department Takes Loan Applications - UPI- 06 Oct 08
"The U.S. Department of Energy announced it has received 19 federal loan applications for nuclear plants.
The applications came from 17 electric power companies to support the building of 14 nuclear power plants and 21 new reactors. An Energy Department representative said there are five reactor designs for the 21 reactors and all five have been certified, or are currently under review for possible certification, by the Nuclear Regulatory Commission."
"A new nuclear plant has not been built in the United States for more than 20 years. Industry leaders are asking for $122 billion in loan guarantees, a lot more than the $18.5 billion available under the Nuclear Power Facilities solicitation offered June 30.
Construction of all 14 nuclear plants is estimated to cost about $188 billion, and they are projected to be able to generate 28,800 megawatts."