Duke Reactor Shutdown Plan Shows Shale’s Sway Over Power

06 Feb 2013 14:24 #1 by Blazer Bob
http://www.bloomberg.com/news/2013-02-0 ... nergy.html


....."decision to dismantle a Florida nuclear power plant rather than undertake the costliest- ever U.S. atomic repair shows how rapidly cheap natural gas is remaking the U.S. power industry, hastening a shift from traditional fuels such as coal and uranium.

Duke’s Crystal River Unit 3 plant in Florida joins Dominion Resources Inc.’s Kewaunee reactor in Wisconsin as the first to be shuttered in the U.S. because of growing shale gas supplies, serving as signposts for utilities from Japan to Belgium also considering decommissioning reactors. At least four other U.S. reactors are also at risk of early retirement due to new power market economics, said Julien Dumoulin-Smith, a New York City- based analyst with UBS Securities LLC, in a telephone interview.".............

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06 Feb 2013 14:34 #2 by FredHayek
Wow. Japan & Germany taking nuclear plants off line, and now the US follows suit. Who would be thinking nuclear would be providing less electrical power in 2013 than in 1970?

Thomas Sowell: There are no solutions, just trade-offs.

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06 Feb 2013 17:00 #3 by LOL
All of the reactors are getting pretty old, and probably most are past their original life expectancy without overhauls. I wonder if they can be retrofitted with Natural Gas Steam Turbines like they do with coal plants?

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07 Feb 2013 08:25 #4 by bailey bud
There's still places where nuclear energy has a future:

http://www.gen4energy.com/

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08 Feb 2013 11:53 #5 by Rick

bailey bud wrote: There's still places where nuclear energy has a future:

http://www.gen4energy.com/

That's pretty cool, but what do they do with the used reactor module after it's used up in ten years?

The left is angry because they are now being judged by the content of their character and not by the color of their skin.

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