Posted on 10/22/2012 1:22:33 PM PDT by Jyotishi
Dominion (NYSE: D) on Oct. 22 said it plans to close and decommission its 556 MW Kewaunee Power Station in Carlton, Wis., after the company was unable to find a buyer for the nuclear power plant. Pending a grid reliability review by the Midwest Independent Transmission System Operator (MISO), Dominion said the station is expected to cease power production in the second quarter of 2013 and move to safe shutdown.
Dominion announced in April 2011 that it would seek to sell Kewaunee as part of a regular review of its portfolio of assets to determine which assets fit strategically and support its objectives to improve return on invested capital and shareholder value. The company was unable to find a buyer for the facility.
(Excerpt) Read more at power-eng.com ...
How many windmills will it take to replace the plant?
My son, an ex-Navy Nuke, works at the power plant at Two Rivers. He called me yesterday and told me about this.
It seems to be something that is short-sighted in the long term. Can we depend on natural gas being cheap a decade from now?
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