Before 2011, nuclear power generated nearly 18% of the electricity in Germany. After the Fukushima Daiichi nuclear disaster in Japan, Germany elected to gradually shut down its nuclear reactors and stop generating electricity from nuclear power. In response, the biggest utilities in Germany sued the government for billions of Euros in compensation. E.ON and RWE, […]
Last Monday Entergy announced that they would shutdown the FitzPatrick nuclear power plant sometime in early 2017, because it was not financially profitable anymore and was costing the company some $60 million per year. Entergy officials have confirmed that they will seek to defer the decommissioning of the FitzPatrick nuclear power plant under the […]
Entergy officials have confirmed that late 2016 or early 2017 the Fitzpatrick nuclear power plant will be shut down instead of refueled and brought back online. The plant was scheduled for refueling in September 2016 but has been losing Entergy money and can no longer be kept afloat. Wall Street analyst Julien Dumoulin-Smith of UBS […]