IEEFA Update: The U.S. Nuclear Project Cancellation Announcement Heard ’Round...
Hindsight being 20/20, it’s clear that the developers of the V.C. Summer nuclear-energy project in South Carolina had no choice but to pull the plug on the project, as they announced yesterday they had...
View ArticleDoubts in Georgia Over Whether the Only Remaining U.S. Nuclear Energy Project...
Bloomberg News: With a multibillion-dollar nuclear project in South Carolina dead, the fate of America’s nuclear renaissance now rests on one utility: Southern Co. Scana Corp. dropped plans for two...
View ArticleCosts for Struggling Vogtle Nuclear Project Top $25 Billion in New Estimate
Atlanta Journal Constitution: The full price of expanding Plant Vogtle has swelled to more than $25 billion and the project has slipped further behind schedule in the wake of a key contractor’s...
View ArticleVogtle, Kemper, V.C. Summer: ‘Is the Era of the Utility Megaproject Over?’
E&E News: Vogtle. Kemper. V.C. Summer. A decade ago, this trio of sprawling power projects signaled the next wave of cleaner baseload energy that would keep air conditioners and the economy humming...
View ArticleOn the Blogs: Growing Array of Market Forces Slow U.S. Nuclear Energy Expansion
Washington Post: The two still-to-be-built reactors in Georgia are alone among new nuclear projects under construction in the United States. On Monday, a pair of utilities, private SCANA and...
View ArticleOn the Blogs: Energy Companies in Georgia and South Carolina ‘Whistling in...
Wamsted on Energy: The nuclear morass that has ensnared utility executives, state regulators, and legislators in South Carolina and Georgia shows no signs of easing its grip. Southern is set to decide...
View ArticleOn the Blogs: U.S. Energy Secretary Perry Commits Taxpayers to a Failing...
ThinkProgress.org: On Friday, Secretary of Energy Rick Perry authorized up to $3.7 billion in taxpayer-backed loan guarantees to finish building the last remaining new nuclear plant under construction...
View ArticleIEEFA Update: More Questions on U.K. Nuclear Project
Two of the U.K.’s main public-spending watchdogs have now criticized the government’s deal with French utility giant EDF to support completion of a new nuclear power plant, only just stopping short of...
View ArticleU.S. Utilities, in Old-School Expansion Spree, Put Customers on the Hook for...
Charleston Post and Courier: Over the past decade, state legislatures across the country rewrote rule books for how power companies pay for new power plants, shifting financial risks away from electric...
View ArticleUnderperforming U.S. Utility CEO Devoted to Coal and Nuclear Remains Buoyant
Bloomberg News: Tom Fanning is the only energy executive in America willing to bet billions on nuclear power. The chief executive officer of utility giant Southern Co. is renowned for his boundless...
View ArticleIEEFA update: Vogtle nuclear reactor, a runaway project nobody needs
In announcing earlier this month that Southern Company was raising its subsidiary Georgia Power’s share of the already-too-expensive and long-delayed Vogtle nuclear project by $1.1 billion, CEO Tom...
View ArticleFlorida muni calls for cancellation of Vogtle reactor project
S&P Global Market Intelligence ($): The Jacksonville, Fla., municipal utility is ramping up efforts to exit a power contract tied to the Vogtle nuclear plant expansion, with JEA’s interim CEO...
View ArticleSolar, wind replacing nuclear, according to 2021 U.S. power plans
S&P Global Market Intelligence: Nearly one-third of the power generation resources planned to come into service in the U.S. in 2021 is located in the Electric Reliability Council Of Texas Inc....
View ArticleDelays and costs rise again at troubled Vogtle Nuclear Plant
Wall Street Journal ($): The only nuclear-power plant under construction in the U.S. is facing delays and additional costs. Again. Earlier this week, an engineering expert working for the Georgia...
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IEEFA U.S.: Price tag for new reactors at Vogtle Plant in Georgia climbs past...
January 20, 2022 (IEEFA)—Once estimated at more than $14 billion, the price tag for two new reactors at Georgia Power Company’s Plant Vogtle site has now climbed past $30 billion, and both units will...
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IEEFA U.S.: Small modular reactor “too late, too expensive, too risky and too...
February 17, 2022 (IEEFA)—A small modular reactor (SMR) that NuScale has been developing since the turn of the century is “too late, too expensive, too risky and too uncertain,” according to an...
View ArticleSouthern Co. increases Vogtle cost estimates by almost $1 billion
Reuters: U.S. energy company Southern Co (SO.N) on Thursday boosted estimated costs for its Georgia Power utility’s share of two nuclear reactors under construction at the Vogtle plant in Georgia to...
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