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TextU.S. regulators on Thursday approved plans to build the first new nuclear power plant in more than 30 years, despite objections of the Nuclear Regulatory Commission chairman, who cited safety concerns stemming from Japan's 2011 Fukushima disaster.
The NRC voted 4-1 to allow Atlanta-based Southern Co to build and operate two new nuclear power reactors at its existing Vogtle nuclear power plant in Georgia.
"The chairman just voted against the first new nuclear reactors in 30 years," said Ed Batts, a partner at law firm DLA Piper. "That's just not the way that confidence is inspired in the average American and thus does not seem like the best way for nuclear regulation."
The new plant will use AP1000 reactors built by Westinghouse Electric...Westinghouse is majority owned by Japanese multinational Toshiba Corp.
"This has been a thorough, thoughtful and complete process," Fanning said. "Recall that four other commissioners saw the same facts and voted" to issue the license.
An official stated the agency "abdicated its duty to protect public health and safety, just to make construction faster and cheaper for the nuclear industry."
New nuclear plants are "more questionable because there are economic factors right now which favor gas-fueled power plants and the fact that the economy is only growing slowly means that nationally the need for new generation is lower than people were expecting in 2007,
A 1,000-megawatt natural gas plant takes a few years to permit and build and costs up to $1 billion for the most efficient, combined-cycle model. A similar-sized nuclear reactor however could take five to 10 years to develop and build and cost more than $5 billion.
....In other words, the planned reactors are being built where electricity is already inflated to an artificially high price, so greedy corporates can come in and undercut the price of electricity by doctoring the numbers representing the cost the nuclear reactors can supposedly offer!!!
Industry experts say building interest is centered in Southeast states like Georgia, the Carolinas, Virginia, Alabama and Florida, where traditional utility regulation offers companies the best chance to make a profit on the sizable investment needed to develop new reactors.
Originally posted by RoyalBlue
www.reuters.com...
Freakin' Unbelievable! I read this whole article in surreal disbelief!
TextU.S. regulators on Thursday approved plans to build the first new nuclear power plant in more than 30 years, despite objections of the Nuclear Regulatory Commission chairman, who cited safety concerns stemming from Japan's 2011 Fukushima disaster.
The NRC voted 4-1 to allow Atlanta-based Southern Co to build and operate two new nuclear power reactors at its existing Vogtle nuclear power plant in Georgia.
THe NRC chairman himself is objecting to building any new plants without incorporating any new lessons still being learned from Fukushima!
edit on 9-2-2012 by RoyalBlue because: (no reason given)