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buy generic cialis online order uk store WASHINGTON -- The government said Tuesday it will spend up to $1 trillion replace aging nuclear power plants, a move that lawmakers and lobbyists warned would accelerate the rise of natural gas -- which is more abundant and cheaper than wind solar power.
The budget estimates for next 16 years, released by the Energy Department as part of its annual cost estimates report, estimate that nuclear power generation will decline by 15 percent 2039, compared with an estimate of a 15 percent decline under current policies.
While the estimates were more than anticipated just a few years ago, the estimate for a nuclear renaissance is more significant because it seen as an Viagra 360 Pills 100mg $369 - $1.03 Per pill immediate threat to the energy security that nuclear plants play in a competitive energy marketplace.
Nuclear plants have been closed for refurbishment or decommissioning are too old to restart and replace, no new fuel innovation has been pursued. That left the U.S. with a dwindling number of reactors that have been shut down and aging ones on the market.
"Nuclear power remains the most economically viable and attractive low-carbon source of energy, capable meeting the nation's energy needs with relative safety and emissions security," EPA Administrator Gina McCarthy said in a statement. "The Energy Department's independent budget analysts confirmed that today."
An earlier draft of the report estimated that nuclear industry would receive $8 billion in federal loan guarantees for refit projects -- money that is unlikely to match the investment needed build new power plants.
The Energy Department warned that federal investment in nuclear plants was "likely to be lower than assumed in the current budget" because of federal bankruptcy the now-bankrupt Exelon Corp., as well the economic volatility that Fukushima and Indian Point nuclear plant disasters have caused.
"The government needs to be prepared assume higher future costs in order to address our nation's energy needs," said Senator Jon Tester (D-Mont.), in a statement.
"I'm troubled by the fact that we have to spend $200 billion rebuilding existing nuclear plants that are going to be out of commission for years to come and we're going spend $800 billion rebuilding a dozen new reactors that are going to be operating for
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