Maryland Debates Cost Of Constructing Nuclear Reactor | WAMU 88.5 - American University Radio

: News

Filed Under:

Maryland Debates Cost Of Constructing Nuclear Reactor

Play associated audio

Should Maryland support construction of a third nuclear reactor at Calvert Cliffs on the western shore of the Chesapeake Bay? That's the focus of a public hearing in Baltimore this week, Thursday September 17. But the debate isn't over the safety of nuclear power. It's about the financial risk of construction.

The cost to build a new reactor at Calvert Cliffs could top 9-billion dollars, according to Baltimore-based Constellation Energy. The company says it can afford that, if it can partner up with French nuclear utility EDF. The proposed merger is setting off regulatory alarm bells.

Johanna Newman is with the Maryland Public Interest Research Group. She says construction costs are bound to go up, and that utility customers would be the ones footing the bill. "Constellation is going to have to not only pay back the costs of building the plant, but also interest to their investors and profits to their shareholders and ultimately that will come back to rate payers," says Newman.

A spokesman for Constellation says that won't happen. Still, the Maryland Public Service Commission is holding hearings to weigh whether the EDF merger would allow the French company to influence Baltimore Gas & Electric. The utility- Maryland's largest- is owned by Constellation.

Cathy Duchamp reports...

NPR

Single-Named Singers From The Present And Past

Every answer is the name of a famous, one-named singer like Madonna or Beyoncé. Identify each one from its anagram, to which one extra letter is added. The singers are a mix of past and present.
NPR

No Resume? Criminal Background? No Problem At This Yonkers Bakery

Social justice is part of the recipe at New York's Greyston Bakery. The firm, whose clients include Ben & Jerry's, hires locals whose legal status or work history might otherwise make them unhirable.
NPR

Senate Blocks Measures To Extend NSA Data Collection

The Senate worked late into the night but was not able to figure out what to do about expiring provisions in the Patriot Act that authorize the NSA's bulk collection of Americans' phone records.
NPR

The Future Of Cardiology Will Be Shown In 3-D

The Living Heart Project aims to create a detailed simulation of the human heart that doctors and engineers can use to test experimental treatments and interventions.

Leave a Comment

Help keep the conversation civil. Please refer to our Terms of Use and Code of Conduct before posting your comments.