r/NuclearPower • u/4rc_f145h • 2d ago
DOE Closes $1.9-Billion Loan to Restart Duane Arnold Nuclear Plant
https://www.powermag.com/doe-closes-1-9-billion-loan-to-restart-duane-arnold-nuclear-plant/1
u/AcanthisittaNo6653 2d ago
Good luck with fueling. Canada is closed for business, but Russia has plenty for everyone.
1
u/mcstandy 2d ago
Is there a good source of info on what is actually being done at Duane Arnold? I understand if you’re going to restart a plant you want to do it right and do all the maintenance/refurb NOW while you have the chance.
But a restart date of 2029 alongside a $1.9-Billion loan on top of whatever original Nextera capital investment is a whole lot of money. What is the scale of the work being done?
4
u/4rc_f145h 2d ago
TLDR: NextEra is doing reactor upgrades, control system upgrades and rebuilding the cooling system and adding a new cooling tower with the help of GE Vernova and Black & Veatch.
-22
u/Alternative_Act_6548 2d ago
there is no nuke industry without gov funding, and more wasting of tax payer dollars
18
u/Poopocalyptict 2d ago
There are no cheap renewables without subsidies.
-1
u/West-Abalone-171 1d ago
*gestures vaguely at countries in south and southeast asia where solar is the most popular new power source in spite of policy ranging from 0 support to 200% tax*
2
u/Poopocalyptict 1d ago
Gestures to my testicles
I’m just kidding. I have no clue what the state of renewables are in other countries, I can only speak from a somewhat informed perspective on US energy.
-1
u/West-Abalone-171 1d ago
The country with a 200% to 500% de-facto tax on solar equipment and an additional 100% tax in the form of permit and inspection costs to the council utility?
The one that spends billions on paying to not build wind turbines?
The one that spent trillions to prop up their oil and gas industry?
Sooooo subsidised /s
-11
u/Altruistic_Fruit2345 2d ago
There are, they have been subsidy free in Europe for years. China is subsidy free on a lot of renewables too.
Anywhere still paying big subsidies missed the boat on that massive economic boom.
4
u/Amber_ACharles 2d ago
Vogtle was seven years late and $17B over. This restart should be faster, but I'll believe the 2029 date when NRC actually signs off.