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Rep. Phil King on nuclear power PDF Print E-mail
by Will Lutz    Sat, May 10, 2008, 12:50 PM

In our rush to get last week's issue published, we inadvertently omitted one electric question we asked Chairman Phil King. We'll print it in next week's issue, but we also thought it appropriate to post below:

LSR: You passed a nuclear decommissioning bill last session. Has the state done all it needs to do to enable more nuclear power if companies want to build a plant?

King: I think there' six applications for nuclear power plants in Texas right now. I've met with Dale Klein [chairman of the federal Nuclear Regulatory Commission] and talked about the application process and how it applies to Texas. NRG is probably moving forward as fast as anyone. I think Texas may be the first place in the nation [in recent decades] to build a nuclear power plant. It will be the first time, I guess in world history, that there's been a merchant nuclear power plant built, meaning one built without subsidized dollars or guaranteed rate of return, with the risk being on the investors.

If there is anything else we can do to encourage that industry, then I want to do it. Nuclear power is cheap. It's clean, and it's the kind of base load that we need to carry Texas into the future.

To read the Lone Star Report, link here:

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written by Brown Bess , May 10, 2008

And, King added, these guys have so much freakin' money!"



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