Vermont Yankee to Hanover Rotary

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Reviews the recent history of Vermont Yankee, its purchase by Entergy, and its issues with cooling tower collapse, tritium leak, license extension, and decommissioning. Compares cost of Vermont Yankee power to alternatives being proposed for the State of Vermont.

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Vermont Yankee to Hanover Rotary

  1. 1. Vermont Yankee Hanover NH Rotary Club 24 Mar 2010 Bob Hargraves
  2. 2. Entergy bought Vermont Yankee in 2002 for $180 million. $0.35/watt invested, vs $4/watt today.
  3. 3. Entergy bought Vermont Yankee in 2002 for $180 million. 600 MW x 365 x 24 x 4 cents/kWh x 90% = $189 million revenue.
  4. 4. Vermont Yankee is a 1972 GE 620 MW boiling water reactor.
  5. 5. Vermont Yankee is cooled by river water in winter, cooling towers in summer.
  6. 6. Aug 2007, the cooling tower collapsed.
  7. 7. An EXIT sign is powered by 1 curie of radioactive tritium.
  8. 8. An EXIT sign is powered by 1,000,000,000,000 picocuries.
  9. 9. Human body radioactivity is 100,000 picocuries.
  10. 10. 7 Jan 2010 "Laboratory tests of samples taken from this monitoring well have shown tritium levels at 700, 14,500 and 17,000 picocuries per liter"
  11. 11. Drinking 20,000 picocurie/liter water for a year increases your radiation dose 1%. … about the same as one airplane trip.
  12. 12. Vermont Yankee stopped leaks in 2 pipes in tunnel, will fix during May refueling.
  13. 13. Vermont Yankee tritium leaks were relatively small . 2.5 million picocuries per liter l00 gallons/day for year is 0.35 curies (Thanks to Rod Adams at Atomic Insights.)
  14. 14. Vermont Yankee tritium leaks were relatively small . 2.5 million picocuries per liter l00 gallons/day for year is 0.35 curies Canada's nuclear reactors use heavy water and release tritium: 5200 curies . (Thanks to Rod Adams at Atomic Insights.)
  15. 15. Vermont Department of Public Health website is factual, current, and neutral.
  16. 16. Vermont Yankee decommissioning fund lacks money. $320 million in 2002 $347 in 2010 $875 needed Yankee Rowe site
  17. 17. Vermont Yankee decommissioning fund lacks money. $320 million in 2002 $347 in 2010 $875 needed Yankee Rowe site
  18. 18. Vermont Public Interest Research Group's solution is unrealistic. Energy GWH/yr Reality Total 5,864 2008
  19. 19. Vermont Public Interest Research Group's solution is unrealistic. Energy GWH/yr Reality Total 5,864 2008 Efficiency - 2.5% + 2.7%
  20. 20. Vermont Public Interest Research Group's solution is unrealistic. Energy GWH/yr Reality Total 5,864 2008 Efficiency - 2.5% + 2.7% Wind 1,642 + 268 2.5 MW turbines
  21. 21. Vermont Public Interest Research Group's solution is unrealistic. Energy GWH/yr Reality Total 5,864 2008 Efficiency - 2.5% + 2.7% Wind 1,642 + 268 2.5 MW turbines Wood 938 2X area of Green Mt Nat For
  22. 22. Vermont Public Interest Research Group's solution is unrealistic. Energy GWH/yr Reality Total 5,864 2008 Efficiency - 2.5% + 2.7% Wind 1,642 + 268 2.5 MW turbines Wood 938 2X area of Green Mt Nat For Solar 880 + $7 billion
  23. 23. Vermont Public Interest Research Group's solution is unrealistic. Energy GWH/yr Reality Total 5,864 2008 Efficiency - 2.5% + 2.7% Wind 1,642 + 268 2.5 MW turbines Wood 938 2X area of Green Mt Nat For Solar 880 + $7 billion Hydro 351 + 66 (Vt dept nat resources)
  24. 24. Vermont Public Interest Research Group's solution is unrealistic. Energy GWH/yr Reality Total 5,864 2008 Efficiency - 2.5% + 2.7% Wind 1,642 + 268 2.5 MW turbines Wood 938 2X area of Green Mt Nat For Solar 880 + $7 billion Hydro 351 + 66 (Vt dept nat resources) Methane 351 402,000 cows
  25. 25. Vermont Public Interest Research Group's solution is unrealistic. Energy GWH/yr Reality Total 5,864 2008 Efficiency - 2.5% + 2.7% Wind 1,642 + 268 2.5 MW turbines Wood 938 2X area of Green Mt Nat For Solar 880 + $7 billion Hydro 351 + 66 (Vt dept nat resources) Methane 351 402,000 cows clouds 100 MW standby natural gas
  26. 26. Vermont Public Interest Research Group's solution is unrealistic. Energy GWH/yr Reality Total 5,864 2008 Efficiency - 2.5% + 2.7% Wind 1,642 + 268 2.5 MW turbines Wood 938 2X area of Green Mt Nat For Solar 880 + $7 billion Hydro 351 + 66 (Vt dept nat resources) Methane 351 402,000 cows clouds 100 MW standby natural gas lulls 670 MW standby natural gas
  27. 27. Follow the money ………………………................ to the Vermont Conservation Law Foundation.
  28. 28. Follow the money from the natural gas industry to the Vermont Conservation Law Foundation. AES CORPORATION Siting a Super Clean Power Plant in New Hampshire  CLF Ventures [ non-profit affiliate of the Conservation Law Foundation ] assisted the AES Corporation with the siting of a 720 MW combined-cycle natural gas fired power plant at a proposed eco-industrial park in Londonderry, New Hampshire. 
  29. 29. Vermont's renewable energy programs cost a lot.
  30. 30. Taxpayers and ratepayers subsidize wind and solar. <ul><li>Federal incentives </li></ul><ul><ul><li>Accelerated 5 year depreciation. </li></ul></ul><ul><ul><li>30% income tax credit. </li></ul></ul><ul><ul><li>2 cents/kWh production tax credit. </li></ul></ul><ul><ul><li>Renewable energy credits market. </li></ul></ul>
  31. 31. Taxpayers and ratepayers subsidize wind and solar. <ul><li>Federal incentives </li></ul><ul><ul><li>Accelerated 5 year depreciation. </li></ul></ul><ul><ul><li>30% income tax credit. </li></ul></ul><ul><ul><li>2 cents/kWh production tax credit. </li></ul></ul><ul><ul><li>Renewable energy credits market. </li></ul></ul><ul><li>State of Vermont needed to encourage investors to build by guaranteeing power sales prices: </li></ul><ul><ul><li>$ 0.20/kWh wind </li></ul></ul><ul><ul><li>$ 0.30 solar </li></ul></ul><ul><li>and requiring utilities to buy it and recover all the costs from ratepayers. </li></ul>
  32. 32. License renewal will be decided in courts. Federal NRC has safety responsibility. Entergy agreed to Vermont PUC approval of extension. Vermont legislature gave itself approval authority. Vermont state senate voted against extending license.
  33. 33. Energy Policy and Environmental Choices: Rethinking Nuclear Power : Thursday! Call Dartmouth ILEAD 603 653 0154 to enroll.
  34. 34. Thank you Bob Hargraves
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