In another sign of the end of nuclear power, shutdown looms for Three Mile Island

“Three Mile Island, the nuclear power plant located about 10 miles from Harrisburg, Pa., has stood as a symbol of nuclear incompetence for 38 years, or since the reactor in its Unit 2 partially melted down on March 28, 1979,” the Los Angeles Times is reporting.

“Today it’s about to become a symbol of another feature of America’s nuclear power industry: the impossibility of turning a profit. The owner of the plant’s undamaged Unit 1, the nuke-heavy energy company Exelon, announced Tuesday that it will permanently shut down the unit in September 2019. Exelon said a week ago that the plant hasn’t been profitable in five years. The company will take a charge of as much as $110 million this year related to the operation and planned shutdown.

“’TMI remains economically challenged as a result of continued low wholesale power prices and the lack of federal or Pennsylvania energy policies that value zero-emissions nuclear energy,’ Exelon says.

“That underscores a chronic malady of American nukes — they’re too hard to operate and simply not competitive. It’s that mismatch of cost that helps account for recent shutdown decisions such as the pending closure in California of Pacific Gas & Electric’s Diablo Canyon nuclear plant and the 2013 abandonment of San Onofre by Southern California Edison after a botched upgrade.

“Nor does the economic tide seem about to turn. Just last week, an executive at Sempra Energy, the parent of Southern California Gas and San Diego Gas & Electric Co., and a minority owner of San Onofre, told a utility conference that the technology exists today for California to get all of its power from solar and wind, rather than keeping fossil-fueled generation around to provide constant base-load electricity.”

The rest of the article is here.

Author: jeffpelline

Jeff Pelline is a veteran editor and award-winning journalist - in print and online. He is publisher of Sierra FoodWineArt magazine and its website Jeff covered business and technology for The San Francisco Chronicle for years, was a founding editor and Editor of CNET News, and was Editor of The Union, a 145-year-old newspaper in Grass Valley. Jeff has a bachelor's degree from UC Berkeley and a master's from Northwestern University. His hobbies include sailing and trout fishing.

3 thoughts on “In another sign of the end of nuclear power, shutdown looms for Three Mile Island”

  1. One Step forward- End of Nukes
    Three Steps Backwards- Trump pulls out of Paris Accord, NATO, and common sense-

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