DAYTON — “On Tuesday this newspaper quoted a Harvard psychologist saying that climate change requires massive infrastructure change ‘including nuclear power.’ Wednesday we read that a group of citizens filed with the Public Utilities Commission of Ohio to prevent closure of two Ohio coal plants.
Neither of these positions reflects current realities of the electricity business.
The U.S. today has a massive glut of excess generating capacity. Coal plants in Ohio are used less than half of the time, far below the national average, which in turn is 27 percent below its peak in 2008. The U.S. is more than 20 percent of the way to meeting the Clean Power Plan, which won’t be enforced for five more years.
Four nuclear plants are being built at two U.S. locations. Both projects are wildly out of control and will require massive subsidies in order to operate. Both the Georgia and South Carolina plants will need to sell power at four times the cost for which wind power is presently selling in Ohio.
In Ohio, that power couldn’t be sold in our competitive market, but Georgia and South Carolina are captive to politically influenced lawmakers and regulators. One Ohio utility wants to return to those days.”
— Ned Ford, guest commentary, Dayton Daily News