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SSSli&Q
REGIONAL
State warns Trojan closing costly
SALEM (AP) - A shutdown of
the Trojan nuclear power plant
could add as much as $50 a
year to the electric bills of Port
land General Electric Co. cus
tomers. according to a state re
port issued Thursday.
The report was prepared by
the Public Utility Commission
and Department of Energy in an
effort to give Oregonians an ac
curate picture of what it would
cost if voters approve Measure
4 on the Nov. 6 ballot.
The initiative measure would
close Trojan, the state's only
nuclear power plant, until a
federal repository for radioac
tive waste is created
The cost increases associated
with closing Trojan would de
pend on the cost of replace
ment power, who would pay
for closing the plant and the
economic impact on PGE. the
plant's principal owner and op
erator.
If PGE customers paid Tro
jan's investment and shutdown
costs, rates would range from
4.2 percent to 8.8 percent high
er during the next 21 years than
if the plant stayed in service,
the report said. That would in
crease annual residential bills
by about $25 to $52 in today's
dollars, it said.
Closing Trojan probably
would cost between $650 mil
lion and $1.4 billion.
The authors said the figures
are lower than a Northwest
Power Planning Council esti
mate of $800 million to $2.2
billion “because we used dif
ferent assumptions about Tro
jan operations, replacement re
sources and discount rates.”
"Until new resources could
be developed, existing coal, gas
and oil plants in the western
United States and Canada
would have to increase genera
tion to replace Trojan's out
put.” the report said.
Roy Hemmingway, spokes
man for the group that's work
ing to defeat the measure, said
the study shows that shutting
down Trojan would cost rate
payers and taxpayers "hun
dreds of millions of dollars, if
not billions.”
"Closing Trojan would in
crease rates, would increase
our dependence on environ
mentally damaging power
sources, and would have other
harmful impacts upon our
economy and power system,”
Hemmingway said.
The measure was one of sev
eral a judge threw off the ballot
this week on technical
grounds. The Oregon Supreme
Court on Friday is to hear an
appeal aimed at putting those
measures back on the ballot.
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