Iowa: More Wind Please. No Nukes, Thanks. And, Make That Lots More Wind. Lots More.

June 7, 2013

In a striking parallel to recent (surprising) Tea Party skepticism about nuclear energy in Georgia, the sensible, wind savvy folk in Iowa recently turned down new nuclear power, and doubled down on a whopping new injection of wind energy, from investor Warren Buffet.

Iowans are the people who know wind best in the US, and historically they have supported in polls by as much as 81 percent.

Pew Charitable Trust Stateline:

Iowa’s vast crop of wind turbines is about to grow even larger.

Last month, the state’s largest energy company, MidAmerican Energy, announced it will add more than 650 turbines to Iowa’s wide open spaces by 2015. (See infographic)

Republican Gov. Terry Branstad touted the $1.9 billion project as the “largest economic development investment in the history of the state.” MidAmerican Energy is owned by billionaire businessman Warren Buffet, who is betting big on renewable energy.

wqadpoll

This revealing “poll” appears on the same page as the local Iowa TV news story above.

Iowa is already a U.S. leader in wind energy production, thanks largely to a wind-friendly legislature, lack of local opposition and, of course, plenty of strong breezes.

Though Texas dwarfs other states in total megawatts produced, the much smaller Hawkeye state ranks first in the total share of wind energy it generates. (See table)

In 2012, wind accounted for nearly a quarter of Iowa’s energy portfolio—24.5 percent–up from 19 percent the year before, according to U.S. Energy Information Administration data. Only neighboring South Dakota, at 23.9 percent, comes close.

Meanwhile, Iowa citizens said no thanks to massive subsidies for a speculative new nuclear power project.

Friends of the Earth via Ecowatch:

The decision of MidAmerican Energy to scrap plans to build nuclear reactors in Iowa is further evidence that nuclear power has no future in the U.S.

MidAmerican, based in Des Moines,announced Monday that because the design of their proposed small modular reactors have yet to be certified by the Nuclear Regulatory Commission, moving ahead was not possible, saying the decision was in the best interests of their customers. Instead, MidAmerican will concentrate its efforts on its $1.9 billion wind power project, which would build 656 wind turbines in the state.

The decision is also recognition that without massive public subsidies, new nuclear power makes no economic sense. MidAmerican Energy has spent the last three years trying to secure upfront financing for the reactor project, even though no reactor design existed. The company was hoping to pay for a series of small reactors by passing state legislation that would have provided hundreds of millions of dollars in advance to MidAmerican. But their efforts were successfully opposed by citizens and environmental groups, including American Association of Retired Persons, Friends of the Earth, Physicians for Social Responsibility and the Sierra Club, and a majority of state legislators.

In February 2012, an Iowa Poll found that 77 percent of Iowans opposed the funding arrangement allowing the utility to charge customers up front for the planning and construction of nuclear reactors. Only 18 percent favored the approach.

“Iowa citizens, lawmakers and now MidAmerican have gotten the message: building nuclear reactors makes no economic sense,” said Mike Carberry, Friends of the Earth’s campaigner in Iowa.

“These reactors never existed except in the glossy brochures of the nuclear industry,” said Damon Moglen, director of Friends of the Earth’s climate and energy campaign. “The opposition to the public financing of this project sends an important signal across the nation—forcing taxpayers to subsidize dirty and dangerous nuclear power is not acceptable and has no place in our nation’s clean energy future.Renewable energy exists today, is quick to install and can deliver clean, safe energy years before a nuclear project even gets off the drawing board.”

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5 Responses to “Iowa: More Wind Please. No Nukes, Thanks. And, Make That Lots More Wind. Lots More.”

  1. stephengn1 Says:

    It seems that the poll has been replaced by another, unrelated poll.


  2. This is very good news!

  3. skeptictmac57 Says:

    Just as an aside regarding Warren Buffet’s business acumen,this is from a recent quote from the Motley Fool:

    “Thanks to the savvy of investing legend Warren Buffett, Berkshire Hathaway’s book value per share has grown a mind-blowing 586,817% over the past 48 years.”

    I wouldn’t bet against Warren Buffet’s ability to recognize a genuine business opportunity.

    A single share of Berkshire Hathaway ‘A’ stock is about $173,000 right now.


  4. […] 2013/06/07: PSinclair: Iowa: More Wind Please. No Nukes, Thanks. And, Make That Lots More Wind. Lots… […]


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