5h  Three Mile Island Nuke Plant Closure Strengthens Call for Renewable Energy Future  


TMI NUKE REACTOR SHUTDOWN STRENGTHENS CALL FOR GREEN-POWERED FUTURE by HarveyW https://www.ecowatch.com/three-mile-island-closing-2427231400.html  

5h  Three Mile Island Nuke Plant Closure Strengthens Call for Renewable Energy FutureTuesday’s announcement that the Three Mile Island Unit One nuclear plant will close unless it gets massive subsidies has vastly strengthened the case for a totally renewable energy future.

That future is rising in Buffalo, and comes in the form of Tesla’s massive job-producing solar shingle factory which will create hundreds of jobs and operate for decades to come.Three Mile Island, by contrast, joins a wave of commercially dead reactors whose owners are begging state legislatures for huge bailouts. Exelon, the nation’s largest nuke owner, recently got nearly $2.5 billion from the Illinois legislature to keep three uncompetitive nukes there on line.

In Ohio, FirstEnergy is begging the legislature for $300 million per year for the money-losing Perry and Davis-Besse reactors, plagued with serious structural problems. That bailout faces an uphill battle in a surprisingly skeptical legislature. FirstEnergy is at the brink of bankruptcy, and says it will sell the reactors anyway.

To make matters worse, Ohio lawmakers have imposed unique spacing restrictions on the state’s wind industry, blocking at least $1.6 billion in investments poised to build eight wind farms now waiting in the wings. Those turbine developments would go far in providing jobs to those who will inevitably lose them at FirstEnergy’s uncompetitive nukes.

In New York, Gov. Andrew Cuomo wants a staggering $7.6 billion for four uncompetitive upstate reactors. That bailout is being challenged in court by environmental groups and by industrial players angry about unfair competition and soaring rates. Their owners concede these old nukes can’t compete with renewables or gas, and have wanted to shut most or all of them.

Now, Three Mile Island’s owners say without millions more in handouts from Pennsylvania rate payers, the reactor will close in 2019. A battle over the handout will be upcoming in the Pennsylvania legislature. Ironically, the Quad Cities plant in Illinois, which is in line for huge subsidies, could not compete with gas or renewables at a recent power auction, and may have to shut despite the handouts.

Meanwhile, coming on line this year, Tesla’s Buffalo Billion gigafactory has the power to transform our entire national economy.

It’s the core of a plan to fulfill America’s direst needs—a reliable supply of safe, cheap energy, and a base of good long-term employment for the nation’s battered working class.

Costing about $750 million, it will bang out solar roofing shingles by the end of this year. It will directly create at least 500 high-paying, clean, safe jobs that will last for decades and turn our energy economy green. Another 1,440 jobs are slated to come from spin-offs. Still more will be created by lowered electric rates and increased clean energy production. ….read rest at…

https://www.ecowatch.com/three-mile-island-closing-2427231400.html

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About eslkevin

I am a peace educator who has taken time to teach and work in countries such as the USA, Germany, Japan, Nicaragua, Mexico, the UAE, Kuwait, Oman over the past 4 decades.
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One Response to 5h  Three Mile Island Nuke Plant Closure Strengthens Call for Renewable Energy Future  

  1. eslkevin says:

    http://progressive.org/dispatches/open-letter-to-amazon%E2%80%99s-jeff-bezos-about-ohio%E2%80%99s-dead-nukes/
    Open Letter to Amazon’s Jeff Bezos About Ohio’s Dead Nukes by Harvey Wasserman
    Dear Mr. Bezos,
    You have recently received some radioactive junk mail promoting the idea that your company, Amazon, should financially support Perry and Davis-Besse, the two financially dead atomic reactors in northern Ohio. It was a letter from “pro-nuke environmentalists,” the ultimate oxymoron in a world moving toward safe renewables, a transition embraced by your company’s wise commitment to go 100 percent renewable.
    The nuclear advocates want you and your high-tech cohorts at Google, Apple, and Tesla to buy reactor-generated electricity at above-market prices so uninsured, competitively dead reactors at Perry and Davis-Besse can still dangerously operate.
    Asking you to subsidize nukes is like asking you to bet your company on rotary dial telephones and new landline networks; to build more Edsels, Corvairs, and Pintos; to embrace thalidomide for pregnant women; to mass-produce buggy whips; and to convert your Internet business to a stand-alone fleet of small brick-and-mortar five and dimes.
    As a long-time Ohioan, I’ve watched our “mistakes-by-the-lake” nuclear power plants spew unmitigated financial, ecological, and safety disaster. They’ve crippled Ohio’s economy and now could totally bury it.
    As a long-time Ohioan, I’ve watched our “mistakes-by-the-lake” nuclear power plants spew unmitigated financial, ecological, and safety disaster.
    Their owner, FirstEnergy, is on the brink of bankruptcy. In an obscene 1999 campaign, the company’s ancestors hustled Ohio legislators and regulators for a $9 billion bailout so these even-then-obsolete reactors could “compete” in a deregulated market. Now FirstEnergy wants another $300 million per year to subsidize nukes that still can’t compete with wind, solar, or gas.
    The nuclear industry whines about renewables subsidies but hides its own, including public liability for reactors that can’t get private coverage. The public—including you and Amazon—will pay for the next reactor disaster.
    READ THE REST AT http://WWW.PROGRESSIVE.ORG

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