Dive Summary:
- According to a study released Wednesday by the Vermont Law School’s Institute for Energy and the Environment, 12 U.S. reactors are at high risk of retirement due to tough economics and other risk factors. Entergy Nuclear owns five of the 12 plants in the greatest-risk pool, including Indian Point in New York.
- Nuclear plant retirement risk factors include the cost of safety retrofits and repairs, rising operating costs, and competition from other energy sources.
- The report--“Renaissance in Reverse: Competition Pushes Aging U.S. Nuclear Reactors to the Brink of Economic Abandonment”--comes on the back four recent reactor retirements, leaving 100 in operation.
From the article:
An Entergy spokesman said the company doesn’t “comment on the economics of any of our individual plants” because of competitive reasons.
