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  1. simsa04 (simsa04)'s status on Friday, 02-Sep-2022 23:14:05 UTC simsa04 simsa04
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    Jonah Messinger, Seaver Wang & Adam Stein, "The Faulty Diablo Canyon Study that Started it All" https://thebreakthrough.org/issues/energy/the-faulty-diablo-canyon-study-that-started-it-all

    Governor Gavin Newsom proposed to provide a $1.4 billion loan to PG&E to restart relicensing and preparations for continued operation of Diablo Canyon. As the main studies (and false modelling) on which the shut-down of Diablo Canyon had been based were authored by "Friends of the Earth" and "Center for Energy Efficiency and Renewable Technologies", lawmakers should consider to hold both NGOs accountable and fine them to reimburse the taxpayer for the loan.

    #energy #nuclear
    Friday, 02-Sep-2022 23:14:05 UTC from gnusocial.net permalink

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    • LinuxWalt (@lnxw48a1) {3EB165E0-5BB1-45D2-9E7D-93B31821F864} repeated this.
    • LinuxWalt (@lnxw48a1) {3EB165E0-5BB1-45D2-9E7D-93B31821F864} (lnxw48a1)'s status on Saturday, 03-Sep-2022 04:59:49 UTC LinuxWalt (@lnxw48a1) {3EB165E0-5BB1-45D2-9E7D-93B31821F864} LinuxWalt (@lnxw48a1) {3EB165E0-5BB1-45D2-9E7D-93B31821F864}
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      in reply to
      > CEERT projected future annual capital costs for DCPP operations based, in part, on one time capital expenditures, such as new steam generators and reactor pressure vessel heads, made by PG&E ahead of its anticipated license renewal to keep Diablo Canyon open. These sunk capital investments, which will be stranded should Diablo close as currently planned, would have been amortized over the planned license extension period of twenty years. Instead, CEERT replicated them as annual capital expenditures.

      Okay, that kind of thing should have been caught. Surely there's ONE person in the state's regulatory hierarchy who took a first semester accounting class.

      Also, that kind of error says that either CEERT is so incompetent that they should never have been allowed to do the study in the first place, or they are intentionally deceptive and manipulative.

      You're right. There should be fiscal consequences to the sponsoring organizations.
      Saturday, 03-Sep-2022 04:59:49 UTC permalink

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