Merchant power plants differ from traditional rate-based power plants as to: 1) how they are financed and 2) where they sell the electricity they generate. A merchant power plant is funded by investors and sells electricity in the competitive wholesale power market. Since a merchant plant is not required to serve any specific retail consumers‚ consumers are not obligated to pay for the construction‚ operations or maintenance of the plant. A traditional rate-based power plant‚ on the other hand
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3 Argument for 7 Nuclear power Argument against 10 Nuclear power Alternative view point 13
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Nuclear Power‚ Friend or Foe? Its seems that the world is in a constant search of a cleaner‚ cheaper and safer power plants. Nuclear energy has emerged as a new alternative for power. The first nuclear power plant was built in the 1950’s and is now used all over the world. France receives 80% of their electrical energy from nuclear power plants‚ however; here in the U.S. we only receive 19% of our electrical energy from nuclear power plants. Whereas nuclear power comes with cons‚ such as safety
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gases that lead to a variety of environmental problems. Nuclear power‚ on the other hand‚ is a comparatively clean source of energy. Though still widely employed‚ concerns over security of stored waste and a public distrust of reactor safety—fueled by the incidents at Three Mile Island in 1979 and Chernobyl in 1986‚ and the paranoia behind the sensational but popular film The China Syndrome—have led to calls for the decommissioning of older plants in current operation. However‚ it makes little sense
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How Nuclear Power Works The nuclear power plant stands on the border between humanity’s greatest hopes and its deepest fears for the future. On one hand‚ atomic energy offers a clean energy alternative that frees us from the shackles of fossil fuel dependence. On the other‚ it summons images of disaster: quake-ruptured Japanese power plants belching radioactive steam‚ the dead zone surrounding Chernobyl’s concrete sarcophagus. But what happens inside a nuclear power plant to bring such marvel
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References: * Lakhoua MN. SCADA applications in thermal power plants. International Journal of the Physical Sciences Vol. 5(6)‚ pp. 1175-1182‚ June 2010 * Lakhoua MN. Application of Functional Analysis Techniques and Supervision of Thermal Power Plants. * Lakhoua MN (2009c). Supervision of a counting system of the natural gas of a thermal power plant. J. Eng. Technol. Res. ISSN: 2006- 9790. Open Access wwJournals. 1(9): 188-193. * http://www.youtube
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Is It Time to Revive Nuclear Power? Twenty years ago‚ the worst nuclear plant accident in the nation occurred at the Three Mile Island plant. The nuclear industry has been waging a coordinated campaign to revive nuclear power in the United States. We are being told that nuclear energy is safe‚ clean (the answer to global warming) and an economical way to produce electricity. None of these claims withstand scrutiny. It is well known that nuclear power production creates the deadliest
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Nuclear Power: A Burden or a Blessing? When the first atomic bomb was dropped on Hiroshima‚ Japan‚ the world was thrust into the atomic age. Nuclear power had become a reality. It promised to provide clean‚ efficient energy for centuries to come. Despite all of the promises‚ nuclear power has only been put into minimal use. Only a few of the nuclear plants that the government planned on building have actually been built. Some of the plants that were constructed have been shut down. Now‚ more
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Recently‚ a client of mine bought real estate near Donald C. Cook Nuclear Generating Station‚ which is in Bridgman Michigan. Although‚ the property is six miles north of the nuclear power plant‚ the buyer decided that it was not an issue and bought the place. The property sits in a beautiful wooded area overlooking Lake Michigan with a cozy ranch‚ mile long driveway‚ and old hardwood trees. One would never notice there is a nuclear power plant down the street when sitting by the pond skipping stones across
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During the last century‚ nuclear power has been established as a reliable source of energy in the major industrialized countries. Nuclear power plants provide about 17 percent of the world’s electricity. In the United States‚ nuclear power supplies about 15 percent of the electricity overall. Although no new plants are scheduled to be built in the United States‚ nuclear power is growing to be a popular producer of power. It has recently enjoyed a revival in attention and research due to the environmental
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