NewEnergyNews: HOW’S THEIR EROEI NOW?

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    Monday, October 30, 2006

    HOW’S THEIR EROEI NOW?

    EROEI = Energy returned on energy invested. Not improved by costs like this:

    UK nuclear cleanup to cost $122 billion
    October 26, 2006 (Reuters)

    - Britain's Nuclear Decommissioning Authority, set up in April 2005 to oversee the dismantling of old nuclear power stations, said on Thursday it would cost 65 billion pounds ($122 billion) to clean up civil nuclear sites…
    - The NDA said the increase was due to an "improved understanding" of the costs involved in cleaning up the nuclear reprocessing plant Sellafield.
    - The NDA also said that current plans submitted by contractors had weaknesses that could lead to substantial changes in clean-up costs…
    - Britain's nuclear decommissioning sector is currently dominated by British Nuclear Group (BNG). The government is planning to split up the state-owned company, which is the NDA's principal customer…U.S. engineering and construction company Fluor Corp has made an offer of 400 million pounds for BNG…EnergySolutions, a U.S. private equity-backed firm previously called Envirocare, has since said it could top Fluor's offer…

    2 Comments:

    At 4:18 PM, Blogger FBB said...

    No, no, no! EROEI is fundamentally different from financial return on investment! Yes, of course, the cleanup to energy to perform, but we must fundamentally seperate the financial cost of producing energy from the energy cost of producing energy if we are to understand which energy sources are sustainable beyond financial requirements. The key question regarding this cleanup from an EROEI perspective does not involve the money spent, but rather the energy exhausted.

     
    At 3:36 PM, Blogger Herman K. Trabish said...

    fbb is completely right.

     

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