More evidence that nuclear power isn't competitive in the marketplace is coming out of the just-announced deal for Britain's first new nuclear reactors since 1995 -- to be developed at Hinkley Point C, Somerset. The deal also provides a fairly striking example of just how badly government officials and politicians want to pretend that they didn't really have to provide massive subsidies to make the project happen. Keep a straight face, and maybe nobody will notice...
A wide range of groups on the right and the left properly linking subsidized expansion of the civilian nuclear power sector with what happens on the nuclear proliferation front in this letter to President Obama. Energy security, after all, has many dimensions. It is not only about oil imports.
Constellation Energy has announced it will not be continuing its effort to build a third nuclear reactor at its Calvert Cliffs site in Maryland. I looked at the structure of this project, and the associated subsidies, in detail last year in this paper for the Nonproliferation Policy Education Center.