Monday, October 22, 2012

Dominion says Kewaunee nuclear plant will shut down for good

Here's a story which is likely incomplete.
The probably story is that the operator cannot secure power purchase agreements for Kewaunee Power Station's baseload output because of the increase in intermittent renewable generation.  The price of gas and the growth of wind and related mandated renewable energy quotas, is driving down the price of electricity, making it difficult for all operators - but especially operators who need markets at all times (baseload).

Dominion says Kewaunee nuclear plant will shut down for good - JSOnline:
Dominion Resources Inc. will shut down the Kewaunee Power Station by the middle of next year, the company announced Monday, saying it was unable to find a buyer for the nuclear plant east of Green Bay.
The Kewaunee reactor is one of three operating reactors in the state, with the other two located five miles from the plant at the Point Beach Nuclear Plant.
The Virginia-based company said the low price of natural gas, which sets prices for the wholesale power market, was a key factor in the decision. The company’s agreements to sell power to two Wisconsin utilities expire next year.
Late last year, Alliant Energy Corp. said it had ended negotiations with Dominion about a power purchase deal. The remainder of the power is sold to Green Bay-based Wisconsin Public Service Corp.
Continue Reading at the Milwaukee-Wisconsin Journal Sentinel:

Related: A Day in the Life of the Grid,

Related from my original content site:  Germany's Will to Power

1 comment:

  1. Rod Adams has a good post on this subject at