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	<title>Comments on: Could new nukes spell financial downfall?</title>
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	<description>Sustainable Energy Insight</description>
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		<title>By: Red Craig</title>
		<link>http://www.greenbang.com/could-new-nukes-spell-financial-downfall_6994.html/comment-page-1#comment-5983</link>
		<dc:creator>Red Craig</dc:creator>
		<pubDate>Tue, 06 Jan 2009 01:25:50 +0000</pubDate>
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		<description>The paper suffers from the same problems all papers do that are written solely to reach a predetermined conclusion.

The author bases all his nuclear-cost calculations on worst-case assumptions.  Some nuclear plants have seen cost over-runs because of litigation from political groups, but others have been built on schedule and within budget.  But the writer assumes that all future plants will face the same political attacks.  The world would be better served if people were given accurate information instead of anti-nuclear propaganda like this article.

To illustrate the author&#039;s separation from reality, consider this quotation from his article: &quot;Energy storage and load management offer additional solutions to reduce, shift and better manage  loads.  Pumped-water and compressed-air energy storage as well as utility-scale batteries are now being  implemented.&quot;  A more false statement could hardly be imagined.  Not only are there no large-scale energy storage systems being implemented, not only are none to be implemented in the foreseeable future, there is no imaginable system on the distant horizon.  For more on this point, please look at &lt;a href=&#039;http://gwperplexed.niof.org/thecase.htm#a1&#039; rel=&quot;nofollow&quot;&gt;Solar Energy, Wind Power, Intermittency, and Storage&lt;/a&gt;.

The author believes that reducing electricity demand will solve the problem.  Not so.  The most effective thing that can be done to reduce greenhouse-gas emissions is converting fossil-fuel applications to electricity --- battery-powered cars, electrified rail transport, heat pumps in place of furnaces, etc. etc.  Electricity demand will definitely rise, not fall.

Typical of such anti-nuclear polemics, this article references a study by Cambridge Energy Research Associates that calculated the construction cost of obsolete reactor designs using obsolete manufacturing and construction methods at current prices.  The CERA study ignores actual data of contemporary designs available from countries that are building nuclear plants.  This data shows the CERA study to be wildly wrong.

As would be expected, the author nowhere considers the costs of alternatives to nuclear energy, which have risen in parallel with nuclear costs for the very same reasons.  He also leaves out the pertinent fact that most wind turbines, which are the only renewable energy source close to competing with nuclear, are imported from Asia, where workers&#039; pay and safety standards are much lower.  The heavy subsidies wind projects get now benefit foreigners much more than they do Americans.  Since the US is running an unsupportable trade deficit, it&#039;s not clear at all how this can proceed.

All the author has achieved is proving that by carefully selecting material that serves his purpose and ignoring inconvenient facts he can succeed in confusing his readers.&lt;div class=&quot;comment-remix-meta&quot;&gt;&lt;a href=&quot;#&quot; class=&quot;replyto&quot; onclick=&quot;replyto(&#039;5983&#039;,&#039;Red Craig&#039;); return false;&quot;&gt;Reply&lt;/a&gt;  - &lt;a href=&quot;#&quot; class=&quot;quote&quot; onclick=&quot;quote(&#039;5983&#039;,&#039;Red Craig&#039;,&#039;The paper suffers from the same problems all papers do that are written solely to reach a predetermined conclusion.\r\n\r\nThe author bases all his nuclear-cost calculations on worst-case assumptions.  Some nuclear plants have seen cost over-runs because of litigation from political groups, but others have been built on schedule and within budget.  But the writer assumes that all future plants will face the same political attacks.  The world would be better served if people were given accurate information instead of anti-nuclear propaganda like this article.\r\n\r\nTo illustrate the author\&#039;s separation from reality, consider this quotation from his article: \&quot;Energy storage and load management offer additional solutions to reduce, shift and better manage  loads.  Pumped-water and compressed-air energy storage as well as utility-scale batteries are now being  implemented.\&quot;  A more false statement could hardly be imagined.  Not only are there no large-scale energy storage systems being implemented, not only are none to be implemented in the foreseeable future, there is no imaginable system on the distant horizon.  For more on this point, please look at &lt;a href=\&#039;http:\/\/gwperplexed.niof.org\/thecase.htm#a1\&#039; rel=\&quot;nofollow\&quot;&gt;Solar Energy, Wind Power, Intermittency, and Storage&lt;\/a&gt;.\r\n\r\nThe author believes that reducing electricity demand will solve the problem.  Not so.  The most effective thing that can be done to reduce greenhouse-gas emissions is converting fossil-fuel applications to electricity --- battery-powered cars, electrified rail transport, heat pumps in place of furnaces, etc. etc.  Electricity demand will definitely rise, not fall.\r\n\r\nTypical of such anti-nuclear polemics, this article references a study by Cambridge Energy Research Associates that calculated the construction cost of obsolete reactor designs using obsolete manufacturing and construction methods at current prices.  The CERA study ignores actual data of contemporary designs available from countries that are building nuclear plants.  This data shows the CERA study to be wildly wrong.\r\n\r\nAs would be expected, the author nowhere considers the costs of alternatives to nuclear energy, which have risen in parallel with nuclear costs for the very same reasons.  He also leaves out the pertinent fact that most wind turbines, which are the only renewable energy source close to competing with nuclear, are imported from Asia, where workers\&#039; pay and safety standards are much lower.  The heavy subsidies wind projects get now benefit foreigners much more than they do Americans.  Since the US is running an unsupportable trade deficit, it\&#039;s not clear at all how this can proceed.\r\n\r\nAll the author has achieved is proving that by carefully selecting material that serves his purpose and ignoring inconvenient facts he can succeed in confusing his readers.&#039;); return false;&quot;&gt;Quote&lt;/a&gt;&lt;/div&gt;</description>
		<content:encoded><![CDATA[<p>The paper suffers from the same problems all papers do that are written solely to reach a predetermined conclusion.</p>
<p>The author bases all his nuclear-cost calculations on worst-case assumptions.  Some nuclear plants have seen cost over-runs because of litigation from political groups, but others have been built on schedule and within budget.  But the writer assumes that all future plants will face the same political attacks.  The world would be better served if people were given accurate information instead of anti-nuclear propaganda like this article.</p>
<p>To illustrate the author&#8217;s separation from reality, consider this quotation from his article: &#8220;Energy storage and load management offer additional solutions to reduce, shift and better manage  loads.  Pumped-water and compressed-air energy storage as well as utility-scale batteries are now being  implemented.&#8221;  A more false statement could hardly be imagined.  Not only are there no large-scale energy storage systems being implemented, not only are none to be implemented in the foreseeable future, there is no imaginable system on the distant horizon.  For more on this point, please look at <a href='http://gwperplexed.niof.org/thecase.htm#a1' rel="nofollow">Solar Energy, Wind Power, Intermittency, and Storage</a>.</p>
<p>The author believes that reducing electricity demand will solve the problem.  Not so.  The most effective thing that can be done to reduce greenhouse-gas emissions is converting fossil-fuel applications to electricity &#8212; battery-powered cars, electrified rail transport, heat pumps in place of furnaces, etc. etc.  Electricity demand will definitely rise, not fall.</p>
<p>Typical of such anti-nuclear polemics, this article references a study by Cambridge Energy Research Associates that calculated the construction cost of obsolete reactor designs using obsolete manufacturing and construction methods at current prices.  The CERA study ignores actual data of contemporary designs available from countries that are building nuclear plants.  This data shows the CERA study to be wildly wrong.</p>
<p>As would be expected, the author nowhere considers the costs of alternatives to nuclear energy, which have risen in parallel with nuclear costs for the very same reasons.  He also leaves out the pertinent fact that most wind turbines, which are the only renewable energy source close to competing with nuclear, are imported from Asia, where workers&#8217; pay and safety standards are much lower.  The heavy subsidies wind projects get now benefit foreigners much more than they do Americans.  Since the US is running an unsupportable trade deficit, it&#8217;s not clear at all how this can proceed.</p>
<p>All the author has achieved is proving that by carefully selecting material that serves his purpose and ignoring inconvenient facts he can succeed in confusing his readers.
<div class="comment-remix-meta"><a href="#" class="replyto" onclick="replyto('5983','Red Craig'); return false;">Reply</a>  &#8211; <a href="#" class="quote" onclick="quote('5983','Red Craig','The paper suffers from the same problems all papers do that are written solely to reach a predetermined conclusion.\r\n\r\nThe author bases all his nuclear-cost calculations on worst-case assumptions.  Some nuclear plants have seen cost over-runs because of litigation from political groups, but others have been built on schedule and within budget.  But the writer assumes that all future plants will face the same political attacks.  The world would be better served if people were given accurate information instead of anti-nuclear propaganda like this article.\r\n\r\nTo illustrate the author\'s separation from reality, consider this quotation from his article: \&quot;Energy storage and load management offer additional solutions to reduce, shift and better manage  loads.  Pumped-water and compressed-air energy storage as well as utility-scale batteries are now being  implemented.\&quot;  A more false statement could hardly be imagined.  Not only are there no large-scale energy storage systems being implemented, not only are none to be implemented in the foreseeable future, there is no imaginable system on the distant horizon.  For more on this point, please look at &lt;a href=\'http:\/\/gwperplexed.niof.org\/thecase.htm#a1\' rel=\&quot;nofollow\&quot;&gt;Solar Energy, Wind Power, Intermittency, and Storage&lt;\/a&gt;.\r\n\r\nThe author believes that reducing electricity demand will solve the problem.  Not so.  The most effective thing that can be done to reduce greenhouse-gas emissions is converting fossil-fuel applications to electricity --- battery-powered cars, electrified rail transport, heat pumps in place of furnaces, etc. etc.  Electricity demand will definitely rise, not fall.\r\n\r\nTypical of such anti-nuclear polemics, this article references a study by Cambridge Energy Research Associates that calculated the construction cost of obsolete reactor designs using obsolete manufacturing and construction methods at current prices.  The CERA study ignores actual data of contemporary designs available from countries that are building nuclear plants.  This data shows the CERA study to be wildly wrong.\r\n\r\nAs would be expected, the author nowhere considers the costs of alternatives to nuclear energy, which have risen in parallel with nuclear costs for the very same reasons.  He also leaves out the pertinent fact that most wind turbines, which are the only renewable energy source close to competing with nuclear, are imported from Asia, where workers\' pay and safety standards are much lower.  The heavy subsidies wind projects get now benefit foreigners much more than they do Americans.  Since the US is running an unsupportable trade deficit, it\'s not clear at all how this can proceed.\r\n\r\nAll the author has achieved is proving that by carefully selecting material that serves his purpose and ignoring inconvenient facts he can succeed in confusing his readers.'); return false;">Quote</a></div>
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