Connecticut signs up for nuclear electricity

Started by Marlin, Jan 02, 2019, 05:40

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Marlin

Jan 02, 2019, 05:40

RDTroja

#2
Jan 03, 2019, 07:09
Quote from: hamsamich on Jan 02, 2019, 07:31
Never Happen!
Trying to beat someone to the punch?
"I won't eat anything that has intelligent life, but I'd gladly eat a network executive or a politician."

                                  -Marty Feldman

"Politics is supposed to be the second-oldest profession. I have come to understand that it bears a very close resemblance to the first."
                                  -Ronald Reagan

I have never made but one prayer to God, a very short one: 'O Lord, make my enemies ridiculous.' And God granted it.

                                  - Voltaire

Rennhack

#3
Jan 03, 2019, 05:45
Quote from: hamsamich on Jan 02, 2019, 07:31
Never Happen!

Already happened....  You should read it.

QuoteMillstone submitted 24 different bids for different term lengths and quantities. DEEP selected the ten-year bid for about 50% of the entire facility's output.

The Governor's Office noted a normal utility rate of return on equity is 9%. However, it said DEEP would consider 12%-15% "reasonable for a merchant plant with a long-term contract". It said Dominion has sought a rate of return "that is not in the best interests of ratepayers".

The Seabrook plant - which had not stated it was at risk of early retirement - was selected on the basis of its price of 3.3 cents/kWh levelised (3.9 cents/kWh nominal). The Governor's office said this price "beats the market forecast and is projected to save Connecticut ratepayers USD18 million per year over its eight-year term".

The Seabrook contract begins in 2022 and is for 1.9 million kWh of electricity.

hamsamich

#4
Jan 03, 2019, 05:49
Yeah....it was a joke (saying "never happen") ....I did read it. 
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