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 Calhoun Nuclear Plant In Nebraska To Shutdown In 2016 
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The decision comes after the utility over the past decade has sunk nearly $700 million into Fort Calhoun — $383 million in 2006 to refurbish the plant and extend its license to 2033 and nearly $300 million in the wake of a devastating 2011 flood and subsequent regulatory problems.
Still, even after pouring that much money into the now-doomed plant, it’s time to pull the plug, OPPD board members said Thursday.

It cost OPPD about $71 a megawatt-hour last year to generate power at Fort Calhoun, double the national industry average of $35.50; the utility can purchase power on the open market for about $20 a megawatt-hour.


LINK TO SOURCE
http://www.omaha.com/money/oppd-board-votes-to-shut-down-fort-calhoun-nuclear-plant/article_3fe6ce02-3352-11e6-a426-a7596287dd59.html

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Fri Jun 17, 2016 1:02 pm
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