September, 16 2010, 03:50pm EDT
For Immediate Release
Contact:
Michael Mariotte
301-270-6477
MIT Nuke Study Uses Unsupportable Reactor Cost Estimates
An MIT study titled "The Future of the Nuclear Fuel Cycle"
released today in Washington
uses an unsupportable reactor construction cost estimate, undercutting its
recommendation that taxpayer subsidies for new nuclear reactors should be
increased and accelerated.
WASHINGTON
An MIT study titled "The Future of the Nuclear Fuel Cycle"
released today in Washington
uses an unsupportable reactor construction cost estimate, undercutting its
recommendation that taxpayer subsidies for new nuclear reactors should be
increased and accelerated.
"Congress would be ill-advised to follow the MIT
recommendation," said Michael Mariotte,
executive director of Nuclear Information and Resource Service (NIRS),
"since the study relies on a construction cost estimate for new reactors
that is 50% or more below current cost estimates. Reliance on such an estimate
would turn a high-risk taxpayer loan into an exorbitant-risk taxpayer bailout
for wealthy nuclear power companies. Congress needs real numbers when it
considers spending taxpayer money, not nuclear industry fantasies."
The MIT recommendation, which calls for an acceleration and expansion
of taxpayer subsidies for the first 7-10 new reactors, is based on an estimated
construction cost of $4,000/kilowatt, or about $4 billion for a 1,000 Megawatt
reactor.
"This is a remarkable flaw from what is touted as an expert
study," said Mariotte. "Even a cursory review of the literature
finds that no new U.S.
nuclear reactor proposal is coming in at $4,000/kw," said Mariotte.
"The real-world estimates are ranging from $6,000-9,000/kw--or 50% to
more than 100% higher than MIT's study asserts. Based on those kinds of
estimates, it would make no sense for taxpayers to support the nuclear industry
at all. New reactors won't be economic, and the taxpayer loans would be
far too risky."
Mariotte cited several examples to refute MIT's cost figures:
*Calvert Cliffs-3 is estimated to cost "about $10 billion"
according to testimony from Constellation Energy CEO Mayo Shattuck before the
Maryland Public Service Commission in March 2009. That's more than
$6,000/kw for that 1600 MW reactor.
*PPL estimates, on its website, that a reactor identical to Calvert
Cliffs-3, would cost $13-15 billion, or about $8,000-9,000/kw (including
financing costs). https://www.bellbend.com/faqs.htm
*A September 2008 estimate filed with the Florida Public Service
Commission put the proposed Turkey Point reactors at $8,200/kw.
*The Southern Company's Vogtle reactors in Georgia--slated to be the
first recipients of taxpayer loans to support their construction--are
currently estimated at about $6,200/kw.
Wall Street appears not to accept the MIT figures either:
*An October 2007 report from Moody's Investor Service predicted
costs of $5-6,000/kw. Less than a year later, in May 2008, Moody's
predicted costs "...potentially reaching over $7,000/kw."
*Standard & Poor's, quoting the Federal Energy Regulatory
Commission in October 2008, predicted costs ranging from $5-8,000/kw.
"The MIT study correctly notes that 'nuclear electricity
costs are driven by high up-front capital costs,' whereas natural gas and
coal costs are more dependent on fuel costs," said Mariotte, "then,
it vastly underestimates nuclear capital costs and presents a grossly
misleading picture of the costs of electricity to the consumer if nuclear
reactors are built, as well as understating the risk of nuclear loans to the
taxpayer."
Mariotte noted that the study only compared nuclear costs
to natural gas and coal, and not to alternatives like wind power, solar power,
geothermal and energy efficiency technologies. Some of these alternatives, like
wind and energy efficiency, are already much cheaper than nuclear power and
solar is rapidly declining in price while increasing in its efficiency. Earlier
this week, the Department of Energy's National Renewable Energy
Laboratory released a report detailing the potential of offshore wind resources
for the U.S., finding that
offshore wind alone could generate more than four times the entire current
electrical demand in the U.S.
https://www.nrel.gov/docs/fy10osti/45889.pdf
Mariotte pointed out that
the MIT study acknowledges "generous financial support
from the Electric Power
Research Institute (EPRI) and from Idaho
National Laboratory,
the Nuclear Energy
Institute, Areva, GEHitachi, Westinghouse, Energy Solutions, and Nuclear
Assurance Corporation."
"Areva, GEHitachi
and Westinghouse are the three reactor vendors hoping for taxpayer money to pay
for their products," said Mariotte. "It is at least suspicious that
the study would support their aims using a cost estimate that simply does not
stand up to scrutiny."
Nuclear Information and Resource Service is the information and networking center for people and organizations concerned about nuclear power, radioactive waste, radiation, and sustainable energy issues.
LATEST NEWS
Container Ship That Destroyed Baltimore Bridge Has Troubled History
The Maersk-chartered MV Dali—which lost propulsion just before the collision—not only was involved in a previous crash, but was also briefly detained last year over problems with its propulsion system.
Mar 26, 2024
The mega-container ship that lost propulsion before toppling Baltimore's Francis Scott Key Bridge in a Tuesday morning collision was involved in a previous crash, and was cited last year for propulsion-related problems.
Newsweekreported that the Maersk Line Limited-chartered MV Dali—which crashed into the Interstate 695 Patapsco River crossing just before 1:30 am, causing the span to collapse and sending a construction crew into the water—collided with a wall in the harbor at Antwerp, Belgium in 2016. The accident, which was reported by Vessel Finder and other outlets at the time, was attributed to errors made by the ship's master and pilot.
The 9-year-old Dali was also detained by port officials in San Antonio, Chile last June after inspectors discovered a problem related to the vessel's "propulsion and auxiliary machinery," according toThe Washington Post, which cited records from the intergovernmental shipping regulator Tokyo MOU.
The ship's owner, Grace Ocean Private Ltd., and operator, Synergy Marine, "have been sued at least four times in U.S. federal court on allegations of negligence and other claims tied to worker injuries on other ships owned and operated by the Singapore-based companies," according toThe Associated Press.
Maersk was also sanctioned last year by the U.S. Labor Department for allegedly stopping employees from reporting safety concerns, documents published by The Lever revealed.
According to a July 14, 2023 Labor Department letter to Maersk regarding an Occupational Safety and Health Administration investigation, the Danish company "suspended and then terminated" a worker "in retaliation for reporting unsafe conditions and contacting the U.S. Coast Guard."
The fired employee "engaged in numerous protected activities" including reporting a leak and the need for repairs to a ship's cargo hold bilge system, alcohol use aboard the vessel by crew members, and inoperable equipment including an emergency fire pump and lifeboat block and releasing gear.
The search for six construction workers who were on the bridge when it collapsed into the river was suspended until Wednesday, according toThe Associated Press. The workers are presumed dead by their employer, Brawner Builders. Local media reported that multiple vehicles plunged into the river and that two workers—one of whom was briefly hospitalized—were rescued from the water.
Keep ReadingShow Less
Pentagon Urged to Just Say No to AI-Powered Killer Robots
"The Department of Defense should declare its opposition to the development and deployment of autonomous weapons."
Mar 26, 2024
The watchdog group Public Citizen on Tuesday led a letter urging Pentagon leaders "to clarify that the Replicator Initiative will not involve the development and deployment of autonomous weapons systems," also known as "killer robots."
Last September, U.S. Deputy Secretary of Defense Kathleen Hicks "asserted that the development of all-domain, attributable autonomy systems (ADA2) is an essential way for the Pentagon to maintain its comparative cutting-edge and keep up with the technological advancements of other states," notes the letter, which was addressed to her and Defense Secretary Lloyd Austin.
"However, those comments failed to specify whether or not supporting autonomous weapons systems is one of the key focuses of this initiative," the letter stresses. "When addressing whether or not 'ADA2 means weapons systems,' Secretary Hicks stated: 'That's a serious question to be sure. They are not synonymous. There are many applications for ADA2 systems beyond delivering weapons effects.'"
"Autonomous weapons are inherently dehumanizing and unethical, no matter whether a human is 'ultimately' responsible for the use of force or not."
Public Citizen and the 13 other organizations argued that "this is no place for strategic ambiguity. Autonomous weapons are inherently dehumanizing and unethical, no matter whether a human is 'ultimately' responsible for the use of force or not."
Deploying lethal weapons that rely on artificial intelligence (AI) "in battlefield conditions necessarily means inserting them into novel conditions for which they have not been programmed, an invitation for disastrous outcomes," the groups warned. "'Swarms' of the sort envisioned by Replicator pose even heightened risks, because of the unpredictability of how autonomous systems will function in a network. And the mere ambiguity of the U.S. position on autonomous weapons risks spurring a catastrophic arms race."
"We believe the Department of Defense should declare its opposition to the development and deployment of autonomous weapons," the coalition concluded. "However, even if you are not prepared to make that declaration, we strongly urge you to clarify that the Replicator Initiative will not employ autonomous weapons."
In addition to Public Citizen, the coalition included the American Friends Service Committee, Autistic Women & Nonbinary Network, Backbone Campaign, Demand Progress Education Fund, Fight for the Future, Future of Life, National Priorities Project at the Institute for Policy Studies, RootsAction.org, United Church of Christ, the Value Alliance, Women's International League for Peace and Freedom U.S., Win Without War, and World Beyond War.
The letter comes on the heels of Public Citizen releasing a report about the rise of killer robots, AI Joe: The Dangers of Artificial Intelligence and the Military.
The February report addresses the Pentagon's AI policy, the dangers of killer robots, the need to ensure decisions about nuclear weapons aren't made by automated systems, how artificial intelligence can increase not diminish the use of violence, risks of using deepfakes on the battlefield, and how AI startups are seeking government contracts.
The publication concludes with recommendations that Public Citizen president Robert Weissman echoed in a statement Tuesday.
"The United States should state plainly that it will not create or deploy killer robots and should work to advance global treaty negotiations to ban such weapons," Weissman said. "At minimum, the United States should commit that the Replicator Initiative will not involve the use of autonomous weapons."
"Ambiguity about the Replicator program essentially ensures a catastrophic arms race over autonomous weapons," he added. "That's a race in which all of humanity is the loser."
Keep ReadingShow Less
12 Palestinians Drown Trying to Retrieve Airdropped Gaza Aid From Sea
One campaigner called the incident "another deadly example of why airdrops are not the answer to famine in Gaza."
Mar 26, 2024
Human rights defenders on Tuesday pointed to the drowning deaths of 12 Palestinians trying to retrieve humanitarian aid parcels airdropped off the Gaza shore as yet another reason why Israel must stop blocking aid from entering the embattled strip by land.
Video published on social media shows Palestinians running toward the Mediterranean Sea in Beit Lahia as aid parcels parachute downward. Eyewitness Abu Mohammad toldCNN that the people who drowned "don't know how to swim."
"There were strong currents and all the parachutes fell in the water," Mohammad said. "People want to eat and are hungry. I haven't been able to receive anything."
Ramy Abdu, chair of the Geneva-based group Euro-Mediterranean Human Rights Monitor, said that some of the victims died after becoming entangled in parachute ropes.
BREAKING| 9 Palestinians drowned and 5 others missing in the Sea of Gaza while trying to get humanitarian airdrop aid due to falling into the sea. pic.twitter.com/tSPpbrKsTg
— PALESTINE ONLINE 🇵🇸 (@OnlinePalEng) March 26, 2024
According to the U.S. military—which along with Jordan, the United Arab Emirates, Egypt, Germany, the United Kingdom, and Singapore has been airdropping aid into Gaza—parachute malfunctions caused three of the 80 parcels dropped to land in the sea. The Pentagon did not say which country carried out the drop.
Earlier this month, five children were crushed to death and numerous other Palestinians were injured by U.S.-airdropped parcels on which the parachutes apparently malfunctioned.
The airdrops come amid widespread and increasingly deadly starvation in Gaza, where Israeli forces have been accused of using hunger as a weapon of war. Last month, Michael Fakhri, the United Nations special rapporteur on the right to food, called Israel's forced starvation of Gazans part of "a situation of genocide" in the besieged enclave, where more than 114,000 Palestinians have been killed or wounded by Israeli forces since October 7 and around 2 million people out of a population of 2.3 million have been forcibly displaced.
While Israel claims there are no limits on aid entering Gaza by land, Israeli officials said Monday that United Nations Relief and Works Agency for Palestine Refugees in the Near East trucks would be blocked from entering northern Gaza. Israeli forces have repeatedly attacked aid convoys and their police escorts, forcing UNRWA to suspend humanitarian deliveries.
Israeli forces have also on several occasions attacked starving Palestinians as they desperately attempt to get food for their families, including in the February 29 "
Flour Massacre" that left more than 870 Gazans dead or wounded.
Also blocking humanitarian aid from reaching starving Palestinians are Israeli civilians who have camped at border crossings to prevent convoys from entering Gaza. Last month, right-wing extremists set up a giant inflatable children's bouncy castle where aid trucks are meant to pass through the Kerem Shalom border crossing in an effort to lend a festive atmosphere to the action.
Medical Aid for Palestinians, a London-based humanitarian group, said Tuesday that "airdrops will not end famine and are a dangerous proposed 'solution.'"
Palestinians in Gaza expressed similar sentiments.
"We call for the opening of the crossings in a proper fashion," Mohammad told CNN, "but these humiliating methods are not acceptable."
Keep ReadingShow Less
Most Popular