Monday, February 8, 2010

Green River nuclear power proposal sparks big questions

Utah-based Blue Castle's plan to build a 3,000 megawatt nuclear power plant near the Green River in eastern Utah is generating more questions than answers. Presently, none of the plant's $16 billion to $20 billion construction cost is in hand. Rather, Blue Castle plans to secure the Green River water, then obtain a license from the NRC before it begins to raise money to build the plant. Should the Green River plant be built -- a fast-track scenario would put it online in 2020, although historically such projects have taken longer. The Salt Lake Tribune