Victory! MidAmerican Energy Pulls the Plug on Proposed Iowa Nuclear Plant
Tuesday, June 4, 2013
On June 3, MidAmerican Energy officials said the company has scrapped plans for a new nuclear power plant in Iowa and will refund $8.8 million to Iowa ratepayers. The decision ends a 3-year debate over the plant’s financial feasibility. Read about it in the Des Moines Register.
ELPC and a coalition of public interest, consumer and environmental groups united in opposition to MidAmerican’s plan, which would shift the financial burden and risk away from investors and instead onto Iowa ratepayers. ELPC advocated fully considering and implementing renewable energy and energy efficiency options and will continue to pursue those clean energy solutions.