Iowaâ€™s largest utility company has completed its nuclear feasibility study and decided to not move to the next stage and pursue a new nuclear plant in Iowa. The study began in 2010 to find out if there were viable sites in Iowa for nuclear plants, the safety of new nuclear technology, and the cost of building new plants compared to natural gas plants. MidAmerican vice president of regulatory affairs,Dean Crist, says the study answered all of the questions.
He says they also found a nuclear plant could compete with a natural gas plant if a carbon tax is in place. Crist says they looked at all those factors in deciding whether to take the next step.
Crist says it will likely be several years before the company makes any decision on building either a new natural gas or nuclear plant.