Wednesday, November 05, 2008

Follow the Money

TVA see nuclear power as the cheaper alternative:
"In the past fiscal year, the restart of TVA’s oldest nuclear reactor at the Browns Ferry Nuclear Plant helped the utility save an estimated $800 million, TVA Chairman Bill Sansom said. The $1.8 billion restart of Browns Ferry Unit 1, originally forecast to pay for itself within eight years, should now end up paying for itself in 2 1/2 years because of the unexpected jump in the costs for other power generation.

“Nuclear power is still very cost-effective,” Mr. Sansom said earlier this year."

No comments: