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Posts Tagged ‘nuclear loan guarantees’

The House and Senate Energy Appropriations Committees are beginning to work on the FY 2012 federal budget. That means they are beginning to decide the fate of the loan guarantee program for new nuclear reactor construction.  The first vote in the House Appropriations Subcommittee on Energy is expected before June 2–within the next three weeks. [...]

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Even as the Japanese attempt increasingly frantic tactics to cool an overheated nuclear complex:   U.S. officials warned the situation is deteriorating and challenged the Japanese government’s assessment of the radiation risks telling U.S. civilians and military personnel to stay at least 50 miles from the facility, in contrast to the 12-mile evacuation zone set by [...]

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Constellation Energy Group Inc. said last week it was pulling out of talks on a $7.5 billion loan guarantee to build a reactor at its Calvert Cliffs facility in Maryland.  Constellation Energy Group’s Chief Operating Officer Michael Wallace told the Energy Department that they felt the estimated $880 million the company would have to pay [...]

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A critical court ruling today rang the first chime in what could be the death knell of the so-called “nuclear renaissance,” starting with the failed expansion of the South Texas Project (STP). This afternoon’s ruling by 408th District Court Judge Larry Noll that CPS Energy can safely withdraw from the proposed STP expansion project without [...]

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A message from our director, Tom “Smitty” Smith: Today the House and Senate are working to reconcile their different versions of the long-awaited economic stimulus package. The stakes are now higher than ever for Texans, who stand to gain from billions that could go toward developing renewable energy and efficiency in the state, reducing pollution [...]

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