The headline blares “Indiana fears future of nearby nukes ,” then fails to find anyone in Indiana fearing those nearby nukes. There’s an anti-nuclear advocate: "They have no idea exactly what it's going to cost, how they will operate or respond," said Kerwin Olson, program director for the Citizens Action Coalition in Indianapolis. "What this bill does is says any and all costs of extending Cook beyond 40 years can be passed on to consumers." The subject of the story (and this quote) is pending legislation in Michigan implementing a variation of CWIP, Construction Work in Progress, which allows utilities to collect a fee from ratepayers while a new plant is under construction rather than after the plant is operational. In this instance, the fee will help extend the life of the Cook plant in Michigan (it sends electricity to Indiana.) But I don’t detect fear here – annoyance, maybe, no fear. (To be honest, I’m not sure why a surcharge would be used f...
Former blog for NEI featuring news and commentary on the commercial nuclear energy industry. Head to NEI.org for the latest blog posts.