Colorado
residents pay off nuclear plant decommission bill
Dec 1, 2005 - The Denver Post
Author(s): Beth Potter
Dec. 1--Colorado residents have finished paying off the bill to
decommission the former Fort St. Vrain nuclear power plant northeast of
Denver near Platteville.
In 1989, Public Service Co. closed Fort St. Vrain because of ongoing
operational problems. The plant had opened 13 years earlier as the
country's first gas-cooled nuclear power plant.
The state Public Utilities Commission allowed Public Service in 1993
to charge customers $1 per month to cover the $125 million cost of
decommissioning the plant. The payoff was complete in August.
Xcel Energy, which now owns Public Service, reopened Fort St. Vrain
in 2001 after spending $283 million to convert it to a natural-
gas-fired power plant.
Mark Stutz, an Xcel Energy spokesman, said the conversion was a good
use of existing assets.
"All in all, it's a very reliable facility and the cornerstone of our
fleet of plants," he said.
The plant generates enough power to serve 750,000 families and is the
biggest power plant in Colorado.
As natural-gas prices have risen, proponents of alternative energy,
including President Bush, are talking again about nuclear energy as a
viable power source.
But when it comes to building any new power plant, much less a
nuclear one, Americans say "no way," said Frank Barnes, head of a new
utility engineering and management master's degree program at the
University of Colorado at Boulder.
"Nobody wants a power plant next to them -- that's a major problem,"
he said.
Stutz said Xcel is seeking bids to add another 750 megawatts of
renewable energy to its daily power generation to meet peak customer
demand, which has risen 60 percent in the last decade. The number of
Xcel customers is up 20 percent over the same time.
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