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Politics : Politics of Energy -- Ignore unavailable to you. Want to Upgrade?

To: RetiredNow who wrote (3991)	1/7/2009 11:35:08 AM
From: Road Walker	Read Replies (1) \| Respond to of 86356

re: Progress Energy Florida Contracts for Two New AP1000 Reactors; Will Retire Two Coal-Fired Units Yeah I've written about this on the thread. re: Current plans would be for the units to be operational in the 2016 to 2018 time frame. My electric bill just went up 20% to pay for the plant which won't go online for for 7 to 9 years. re: The cost of the two new nuclear units is based on a contract price of $7.65 billion, plus forecasted inflation, owner costs and contingencies. The company estimates the total cost for the two generating units to be approximately $14 billion. This estimate includes land price, plant components, financing costs, construction, labor, regulatory fees and reactor fuel for two units. An additional $3 billion is estimated for the necessary transmission equipment and about 200 miles of transmission lines associated with the project. $17Billion is a lot of money. I still wonder what you could accomplish by spending the same on solar projects.