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

What Are The Secrets of Centenarians?

To find the path to long life and health, Dan Buettner studies the world's "Blue Zones," communities whose elders live longer than anyone else on the planet.
NPR

Census Reveals Universe Of Marine Microbes At Bottom Of The Food Chain

The ocean's tiniest inhabitants — including bacteria, plankton, krill — are food for most everything that swims or floats. Now, scientists have completed a count of this vast and diverse hidden world.
NPR

Irish Voters Decide Whether To Legalize Same-Sex Marriage

Polls show the "yes" vote is stronger in the conservative, predominately Catholic country. But public opinion surveys could be masking a "shy no vote," observers say.
NPR

Mechanical Turk Workers: Secret Cogs In The Internet Marketplace

There are hundreds of thousands of people doing stuff to your Internet experience that you may think is the work of an algorithm. They're working from home doing tiny tasks computers can't quite do.

Leave a Comment

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