America’s “nuclear renaissance” – the dream that fizzled
How The Dream Of America’s ‘Nuclear Renaissance’ Fizzled, WBUR, August 06, 2017, Molly Samuel A decade ago, utility executives and policymakers dreamed of a future powered by a new generation of cheap, safe nuclear reactors. Projects to expand existing nuclear plants in South Carolina and Georgia were supposed to be the start of the “nuclear renaissance.”
But following the decision last week by two utilities to scrap the expansion at the Virgil C. Summer Nuclear Generating Station in South Carolina, that vision is in tatters. There’s now just one nuclear expansion project left in the country, its future is also uncertain.
That remaining project is an expansion at the Vogtle Electric Generating Plantin eastern Georgia. As recently as five years ago, then-Energy Secretary Steven Chu visited Plant Vogtle and declared the project the start of “the resurgence of America’s nuclear industry” and a critical part of President Obama’s energy strategy………
Both the Georgia and South Carolina nuclear projects racked up billions of dollars in cost overruns and delays. Then earlier this year, Westinghouse, which was building the reactors in both states, went bankrupt, blaming high construction costs for its problems.
Finishing the plant in South Carolina without Westinghouse didn’t make financial sense for the South Carolina utilities, so they scrapped the project ……… http://www.npr.org/2017/08/06/541582729/how-the-dream-of-americas-nuclear-renaissance-failed-to-materialize
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August 7, 2017 - Posted by Christina Macpherson | General News
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