Florida's plans to finance new nuclear plants

Bulletin of the Atomic Scientists

Volumn 65, Issue 4, 2009, Pages 31-40

  Holt, Lynne ^a   Kury, Theodore J ^a  

^a NONE

Author keywords

[No Author keywords available]

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EID: 67949083542     PISSN: 00963402     EISSN: None     Source Type: Journal    
DOI: 10.2968/065004004     Document Type: Article

References (15)

1. For the percentage of retail customers, see Florida Public Service Commission (PSC), "Review of 2008 Ten-Year Site Plans for Florida's Electric Utilities," Table 2, December 2008, http://www.psc.state.fl.us/publications/pdf/ electricgas/tysp2008.pdf.
2. For the percentage of retail sales by sector in Florida, see U.S. Energy Information Administration, "Retail Sales, Revenue, and Average Retail Price by Sector, 1990 Through 2007," Florida, Table 8, April 2009, http://www.eia.doe.gov/cneaf/ electricity/st-profiles/florida.html.
3. U.S. Energy Information Administration, "Retail Sales of Electricity to Ultimate Customers: Total by End-Use Sector," Table 5.1, April 22, 2009, http://www.eia.doe.gov/cneaf/ electricity/epm/table5-1.html.
4. Florida Power & Light is planning to build Turkey Point units 6 and 7 and Progress Energy, Levy units 1 and 2. This paper refers to the two units proposed by each as a nuclear plant or nuclear project.
5. Florida's electricity generation also included 9 percent from oil, 2 percent from renewables, and 1 percent from other gases, see U.S. Energy Information Administration, "Electric Power Industry Generation by Primary Energy Source, 1990 through 2007," Florida, Table 5, April 2009, http://www.eia.doe.gov/cneaf/electric- ity/st-profiles/florida.html.
6. This is not true for variable costs, see U.S. Energy Information Administration, "Electricity Market Module," Table 8.2, March 2009, http://www.eia.doe.gov/oiaf/aeo/ assumption/pdf/electricity.pdf. Variable costs were $2 (2007 dollars) for advanced gas/oil combination cycle plants compared to $0.49 for advanced nuclear plants.
7. Ibid.
8. Eric Silagy, Florida Power & Light, "Meeting Future Energy Needs in Florida and the United States," (presentation, February 4, 2009), http://www.cba.ufl.edu/purc/docs/ presentation-2009Silagy.pdf.
9. "Progress Energy Florida Signs Contract for New, Advanced-Design Nuclear Plant," Progress Energy Florida, January 5, 2009, http:// phx.corporate-ir.net/phoe-nix.zhtml?c=106559&p=irol-newsArticle- print&ID=1240252 .
10. On April 11, 2008, the PSC approved the need for Turkey Point Nuclear units 6 and 7 proposed by Florida Power & Light and on April 12, 2008 for Levy units 1 and 2 proposed by Progress Energy Florida.
11. Plant cancellations were prevalent after the 1970s when it became clear that demand would not be realized. One hundred thirty U.S. plants were ultimately canceled.
12. On February 6, 2009, the Green Party of Florida, the Nuclear Information and Resource Service, and the Ecology Party of Florida filed a petition to intervene in the Nuclear Regulatory Commission's licensing of Progress Energy Florida's proposed nuclear plant. One of the issues of contention was that Progress Energy Florida had not adequately considered aquatic and radioactive waste impacts.
13. Nuclear Energy Institute, "Nuclear Industry's Comprehensive Approach Develops Skilled Work Force for the Future," January 2009, http://www.nei.org/file-folder/Nuclear-Industrys-Comprehensive- Approach-Develops-Skilled-Work-Force0109.pdf .
14. Brian Schimmoller, "Politics Aside, Challenges Remain," Power Engineering, March 12, 2009, http://pepei.pennnet.com/display-article/355439/6/ ARTCL/none/none/1/Politics-Aside,-Challenges-Remain .
15. Amanda Welch, "Proposed Nuclear Plant, Funds Spark Protest," Central Florida Future.com , March 19, 2009, http://www.centralfloridafuture.com/ proposed-nuclear-plant-funds-spark-protest-1.1621222 .