Nuclear plants will require ever-increasing subsidies

Nuclear plants will require ever-increasing subsidies: Decades ago, before the Three Mile Island, Chernobyl or Fukushima catastrophes, a major selling point for nuclear energy was proponents said it was “Too Cheap To Meter.” While relatively low priced for the power, the capital cost was high. When the cost of Millstone III got out of hand, the Connecticut legislature capped the cost after which ratepayers would not be responsible. It is also informative that the state provided tax-free bonding for $90 million for pollution control project which could be considered an early subsidy.