Tuesday, August 19, 2014

Missouri Utility Still Interested in Nuclear Power

Monday, August 18, 2014
ST. LOUIS -- Past the razor wire and security checkpoints that guard Missouri's first and only nuclear power plant, there's an empty gravel lot where a second reactor was to have been built.

Union Electric -- the utility now known as Ameren Missouri -- envisioned an $839 million, two-reactor facility when it began work in Callaway County in the 1970s. Rising costs and more conservative electricity demands prompted the utility to scale back the project. When it finally went online in 1984, the single reactor ended up costing $2.85 billion.

Even after that experience, which led to the largest electric rate increase in state history, Ameren never quite gave up on a second reactor, the St. Louis Post-Dispatch reported. It spent recent years trying to pave the way for another reactor via a financing rule from the state legislature and, more recently, a grant from the U.S. Department of Energy.

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