MidAmerican Energy officials are studying their options for nuclear power since the Iowa Legislature adjourned without taking action on a bill the company sought.
The Gazette in Cedar Rapids reports a MidAmerican spokeswoman says the company is evaluating future options but says it's premature to speak in detail about plans
The bill considered by lawmakers would have established a state regulatory structure to allow construction of a nuclear power plant in Iowa.
MidAmerican is exploring a new technology using small modular reactors. Building a plant would cost between $1 billion and $2 billion.
The Republican-led Iowa House approved a measure but the issue stalled in the Senate. Opponents claim the proposed financing arrangement would make ratepayers bear significant costs instead of investors.
The lawsuit states the commission violated state law in making its decision, and destroyed the economic value of the Belle's license when they selected Sioux City Entertainment.More >>
The lawsuit states the commission violated state law in making its decision, and destroyed the economic value of the Belle's license when they selected Sioux City Entertainment to develop the land-based casino in Woodbury County.More >>
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