Nuclear energy development- Yeah or nay?

The Palo Verde Nuclear Generating Station, commonly referred to as Palo Verde Power Plant is a nuclear power plant located in Tonopah, Arizona, about 45 miles (80 km) west of central Phoenix, and is currently the largest nuclear generation facility in the United States, averaging over 3.2 gigawatts (GW) of electrical power production in 2003<1> to serve approximately 4 million people. Arizona Public Service owns the largest portion (29.1%) of the station and operates the facility. Other owners include Salt River Project (17.5%), El Paso Electric Co. (15.8%), Southern California Edison (15.8%), PNM Resources (10.2%), Southern California Public Power Authority (5.9%), and the Los Angeles Dept. of Water & Power (5.7%).(snip)

It supplies electricity at a production cost (including fuel, maintenance and operation) of 1.33 U.S. cents per kilowatt-hour. This is cheaper than coal (2.26 cents/kWh) or natural gas (4.54 cents/kWh) in the region at the same time (2002), but more expensive than hydro (0.63 cents/kWh). Assuming a 60-year plant life and 5% long-term cost of capital, the depreciation and capital costs not included in the previous marginal cost for Palo Verde are approximately another 1.4 cents per kilowatt-hour. In 2002, the wholesale value of the electricity produced was 2.5 cents/kWh. By 2007, the wholesale value of electricity at the Palo Verde hub was 6.33 cents/kWh. Nuclear power generators are very profitable when fossil fuel prices are high.

Due to its location in the Arizona desert, Palo Verde is the only nuclear generating facility in the world that is not located adjacent to a large body of water. Instead, it uses treated sewage from several nearby municipalities to meet its cooling water needs, recycling 20 billion US gallons (76,000,000 m³) of wastewater each year. At the nuclear plant site, the wastewater is further treated and stored in an 80 acre (324,000 m²) reservoir for use in the plant's cooling towers.