Nuclear plant closures show why, when it comes to energy, small is expensive

“If all of the announced nuclear closures go forward, the total number of operating nuclear reactors in the United States will decline precipitously — from 99 to 89 — by 2025.

The amount of clean electricity lost from those 10 reactors would be 23 percent more than all of the solar electricity generated in the U.S. in 2017.

NextEra claims its deal to close Duane Arnold will save each customer in Iowa $42 annually in energy costs starting in 2021, but has requested that the Iowa Utilities Board keep its calculations about future energy savings confidential.

In truth, the deal could raise electricity prices in the state and result in adding the equivalent of between 700,000 and 1,000,000 cars to the road, depending on if the plant is replaced by a mix of gas and coal, or entirely by coal, respectively.”

Click here to read more from Forbes.


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