Why are Taxpayers Buying Advanced Nuclear Energy Plants? Where will the radioactive waste go?????!!!!!!!

Policy Debate Topic Blog: "

NuStart Selects Six Finalist Candidate Sites for License Applications for Advanced Nuclear Energy Plants: 'Just obtaining a Construction and Operating License (COL) from the U.S. Nuclear Regulatory Commission has been considered too much of a financial risk for any single company to date. The Department of Energy created its Nuclear Power 2010 program in 2002 to encourage the construction of new advanced nuclear plants by offering to share 50-50 the cost of preparing a COL application. NuStart was formed by nine of the nation's leading nuclear power companies and two nuclear reactor manufacturers, General Electric and Westinghouse, to apply to share the costs with DOE.

No NuStart member company has committed to build an advanced nuclear reactor, although any member or group of member companies could take over a COL from NuStart in 2010 and build a new nuclear energy plant, based on their assessment of the financial risk at that time. That assessment will depend to a great extent on federal incentives now being considered by the U.S. Congress in a national energy bill.

Members of NuStart Energy consortium are:
- Constellation Energy, Baltimore, Md.
- Duke Energy, Charlotte, N.C.
- EDF International North America, Washington, D.C., the U.S. subsidiary
of the large French electric utility
- Entergy Nuclear, Jackson, Miss.
- Exelon Generation, Philadelphia, Pa.
- Florida Power & Light Company, Juno Beach, Fla.
- Progress Energy, Raleigh, N.C.
- Southern Company, Atlanta, Ga.
- Tennessee Valley Authority, Knoxville, Tenn.
- GE Energy, Atlanta, Ga.
- Westinghouse Electric Co., Pittsburgh, Pa.


Source: NuStart Energy

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