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littlemissmartypants

(33,856 posts)
Wed Apr 8, 2026, 10:22 PM 19 hrs ago

New Jersey ends de-facto nuclear power plant moratorium

Source: Reuters

New Jersey lifted a de-facto moratorium on new nuclear energy on Wednesday in the state, which ​is struggling with some of the fastest-rising power bills ‌in the U.S. as electricity demand outpaces the addition of new supplies.

Governor Mikie Sherrill signed legislation that removes a permitting requirement that effectively banned the ​development of nuclear power for decades because it required a ​method of radioactive waste disposal that was impossible to ⁠meet, Sherrill's office said in a statement.

The state, instead, will ​allow permits for radioactive waste storage that are compliant with ​federal nuclear regulatory standards.
...
“For costs to come down, we need more energy supply," said Sherrill. "New Jersey ‌is ⁠well-positioned to be a leader in next-generation nuclear energy to help bring that supply, and we are open for business."

Read more: https://www.reuters.com/legal/litigation/new-jersey-ends-de-facto-nuclear-power-plant-moratorium-2026-04-08/



NEW YORK, April 8 (Reuters) -
Laila Kearney
April 8, 2026
4:27 PM EDT
Updated 5 hours ago
8 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
New Jersey ends de-facto nuclear power plant moratorium (Original Post) littlemissmartypants 19 hrs ago OP
This is nuts Wicked Blue 19 hrs ago #1
These ones? EX500rider 17 hrs ago #3
But isn't the US Government Miguelito Loveless 7 hrs ago #6
It's a 2 tiered system EX500rider 5 hrs ago #7
Thanks! Miguelito Loveless 2 hrs ago #8
remarkably stupid - here is the proof Nigrum Cattus 17 hrs ago #2
Places with aggressive renewable energy programs have the highest electric rates in the developed world. hunter 7 hrs ago #5
Smart fujiyamasan 16 hrs ago #4

Wicked Blue

(8,918 posts)
1. This is nuts
Wed Apr 8, 2026, 10:28 PM
19 hrs ago

Who on earth could possibly afford the insurance coverage that nuclear energy facilities will need?

EX500rider

(12,612 posts)
3. These ones?
Thu Apr 9, 2026, 12:31 AM
17 hrs ago
As of early 2026, there are 54 operable nuclear power plants in the United States, which house a total of 94 nuclear reactors across 28 states. These facilities generate approximately 20% of the nation's electricity.

EX500rider

(12,612 posts)
7. It's a 2 tiered system
Thu Apr 9, 2026, 11:38 AM
5 hrs ago
US nuclear power plants are insured through a government-backed system under the Price-Anderson Act, established in 1957. The act mandates a two-tier system where private insurance covers initial claims, but the federal government provides a backstop.

Primary Layer: Plants are required to carry the maximum amount of private insurance available, which is $500 million per reactor.

Secondary Layer: In the event of a severe accident exceeding the primary layer, all nuclear reactor companies are assessed a retrospective premium. As of 2013, this obligation is up to $121 million per reactor per accident, creating a massive shared liability pool.

Government Backstop: If damages exceed the private insurance and the industry's shared pool (estimated at over $16.1 billion), the government serves as the final insurer for remaining damages

hunter

(40,729 posts)
5. Places with aggressive renewable energy programs have the highest electric rates in the developed world.
Thu Apr 9, 2026, 09:48 AM
7 hrs ago

It's not any conspiracy by the fossil fuel or utility companies.

Integrating renewable energy into a reliable electric grid is not cheap. If you skimp you get system wide blackouts. This is what took down the Iberian Peninsula electric grid in 2025.

Adding storage to an electric grid to compensate for the intermittency of wind and solar power, either batteries or pumped hydro, adds further to the cost of renewable energy.

The high cost of nuclear power in the U.S.A. is a consequence of our increasing incompetence at managing large construction projects.

The financial industry in the U.S.A. has found ways to profit from this incompetence at every level.

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