by jboullion | Dec 10, 2009 | Uncategorized
From an article by Joseph Room on Center for American Progress:
A new study puts the generation costs for power from new nuclear plants at 25 to 30 cents per kilowatt-hour—triple current U.S. electricity rates!
This staggering price is far higher than the cost of a variety of carbon-free renewable power sources available today—and 10 times the cost of energy efficiency (see “Is 450 ppm possible? Part 5: Old coal’s out, can’t wait for new nukes, so what do we do NOW?”
The new study, “Business Risks and Costs of New Nuclear Power,” is one of the most detailed cost analyses publically available on the current generation of nuclear power plants being considered in this country. It is by a leading expert in power plant costs, Craig A. Severance. A practicing CPA, Severance is co-author of The Economics of Nuclear and Coal Power (Praeger 1976), and former assistant to the chairman and to commerce counsel, Iowa State Commerce Commission.
This important new analysis is being published by Climate Progress because it fills a critical gap in the current debate over nuclear power—transparency. Severance explains:
All assumptions, and methods of calculation are clearly stated. The piece is a deliberate effort to demystify the entire process, so that anyone reading it (including non-technical readers) can develop a clear understanding of how total generation costs per kWh come together.
As stunning as this new, detailed cost estimate is, it should not come as a total surprise. I detailed the escalating capital costs of nuclear power in my May 2008 report, “The Self-Limiting Future of Nuclear Power.” And in a story last week on nuclear power’s supposed comeback, Time magazine notes that nuclear plants’ capital costs are “out of control,” concluding:
Most efficiency improvements have been priced at 1¢ to 3¢ per kilowatt-hour, while new nuclear energy is on track to cost 15¢ to 20¢ per kilowatt-hour. And no nuclear plant has ever been completed on budget.
Time buried that in the penultimate paragraph of the story!
by jboullion | Dec 10, 2009 | Uncategorized
Governor Jim Doyle signals a crane operator to lift the first pallet of solar panels (below) for installation on the West Wing of the State Capitol. Madison Gas and Electric (MGE) President Gary (middle) and Chris Collins (right), a representative of the installer H&H Solar, joined in the liftoff.
The 48 solar panels in the final installation will cover 9,600 square feet on the Capitol roof and produce about 11,700 kilowatt hours of electricity a year, slightly more than a typical Wisconsin home would use annually.The system will be owned and maintained by MGE, which is fully funding the $78,000 project.
by jboullion | Dec 10, 2009 | Uncategorized
From a Tom Content post on JSOnline:
Nine Wisconsin companies including Briggs & Stratton Corp. and Kohler Co. will receive $14.5 million in energy efficiency fencing through the federal stimulus package.
Gov. Jim Doyle announced the moves during an appearance at Kohler Co. The money is funded through the state Focus on Energy program, after the state won the funding from the U.S. Department of Energy.
The announcement was the second made Thursday by Doyle concerning energy efficiency and green jobs for state manufacturers.
The companies receiving funds include Briggs & Stratton Corp., Wauwatosa, $1.29 million; Didion Milling Inc. of Cambria, $5.59 million, Domtar Paper, Rothschild, $870,500; Kohler Co., $1.72 million; NewPage, Wisconsin Rapids, $495,000; Quad/Graphics, Sussex, $868,466; Thilmany Paper, Kaukauna, $1.07 million; and Wausau Paper Specialty Products, which will receive $706,968 for its Mosinee mill and $1.97 million for its Rhinelander paper mill.
by jboullion | Dec 10, 2009 | Uncategorized
From an article in the BizTimes Daily:
Wisconsin Gov. Jim Doyle announced today that three Milwaukee area companies have been granted a total of $3.1 million in federal funding to help them invest in manufacturing equipment and create 276 new green jobs.
“Wisconsin has a tremendous opportunity to be a leader in clean energy,” Doyle said. “With these funds, we will help these companies not only create hundreds of new green jobs in Milwaukee, but also manufacture renewable energy and energy efficient products.”
The companies receiving the federal funding are:
+ Helios USA – $1 million. The Milwaukee start-up is a manufacturer that will produce solar panels for residential and commercial applications. It is leasing 40,000 square feet in an existing facility and will invest more than $8 million for equipment and working capital. Helios expects to create 54 new clean energy jobs.
+ Nature Tech LLC – $800,000. The company is a Milwaukee start-up manufacturer of energy efficient cellulose insulation manufactured from recycled newsprint. It is leasing a vacant facility and will invest more than $3 million in the project. The company plans to create 47 new clean energy jobs.
+ ZBB Energy Corp. – $1.3 million. ZBB of Menomonee Falls is investing $4.5 million in equipment and working capital to expand its advanced battery products manufacturing. The company will retain 26 jobs and plans to create 175 additional jobs.
Doyle has launched a plan calling for the state to achieve energy independence by generating 25 percent of its electricity and 25 percent of its transportation fuels from renewable resources by 2025.
by jboullion | Dec 10, 2009 | Uncategorized
From a news release issued by Focus on Energy:
MADISON, Wis. (Dec. 9, 2009) — Central Waters Brewing Company of Amherst, Wis., received a $25,000 financial incentive from Focus on Energy, Wisconsin’s statewide
resource for energy efficiency and renewable energy, for the installation of its solar hot-water system. The renewable energy system will dramatically lower the brewery’s consumption of natural gas, reducing its operating costs and shielding it from increases in energy prices.
With 1,000 square feet of collector area and a 2,500-gallon storage tank, the system is expected to meet more than 18 percent of the brewery’s annual hot-water needs, saving at least $150,000 over its lifetime.
Every day, Central Waters’ brewing process uses about 1,500 gallons of water heated to 165 degrees Fahrenheit. Before the solar hot-water system, this water was heated entirely using natural gas. Now, the water is pre-heated by the sun to a temperature of 130 degrees to 140 degrees. A natural-gas boiler heats the water the rest of the way, dramatically reducing the amount of natural gas the brewery consumes. Central Waters also uses the preheated water to clean tanks and kegs — an energy-intensive job that requires a water temperature of 180 degrees.
“Focus has been a great partner who’s helped us along as we’ve installed the solar hotwater system,” said Paul Graham, president of Central Waters Brewing Company. “Focus paid nearly 25 percent of our costs for the equipment and installation. Plus, there’s a 30 percent federal tax credit for businesses and individuals.”
by jboullion | Dec 8, 2009 | Uncategorized
From an article by Joseph Room on Center for American Progress:
A new study puts the generation costs for power from new nuclear plants at 25 to 30 cents per kilowatt-hour—triple current U.S. electricity rates!
This staggering price is far higher than the cost of a variety of carbon-free renewable power sources available today—and 10 times the cost of energy efficiency (see “Is 450 ppm possible? Part 5: Old coal’s out, can’t wait for new nukes, so what do we do NOW?”
The new study, “Business Risks and Costs of New Nuclear Power,” is one of the most detailed cost analyses publically available on the current generation of nuclear power plants being considered in this country. It is by a leading expert in power plant costs, Craig A. Severance. A practicing CPA, Severance is co-author of The Economics of Nuclear and Coal Power (Praeger 1976), and former assistant to the chairman and to commerce counsel, Iowa State Commerce Commission.
This important new analysis is being published by Climate Progress because it fills a critical gap in the current debate over nuclear power—transparency. Severance explains:
All assumptions, and methods of calculation are clearly stated. The piece is a deliberate effort to demystify the entire process, so that anyone reading it (including non-technical readers) can develop a clear understanding of how total generation costs per kWh come together.
As stunning as this new, detailed cost estimate is, it should not come as a total surprise. I detailed the escalating capital costs of nuclear power in my May 2008 report, “The Self-Limiting Future of Nuclear Power.” And in a story last week on nuclear power’s supposed comeback, Time magazine notes that nuclear plants’ capital costs are “out of control,” concluding:
Most efficiency improvements have been priced at 1¢ to 3¢ per kilowatt-hour, while new nuclear energy is on track to cost 15¢ to 20¢ per kilowatt-hour. And no nuclear plant has ever been completed on budget.
Time buried that in the penultimate paragraph of the story!
