Search Results for: "Plant Vogtle"
Relevance | DateNuclear Go-Round: NuScale, Vogtle, Palisades
By Kennedy Maize -- October 17, 2023 1 CommentEd. note: Nuclear Power is a much talked about technology in the current climate debate. Electricity veteran Ken Maize of Quad Report provides an update on three current nuclear issues: a new, mysterious NuScale power agreement; Plant Vogtle legal restitution; and the recommissioned 805-MW Palisades plant in Michigan.
NuScale’s Mystery Deal
NuScale Power has landed a deal with privately-owned blockchain data center developer Standard Power to provide two planned data centers in Pennsylvania and Ohio, 924-MW each, with electricity from arrays of NuScale’s 77-MW VOYGR small modular reactors, 12 for each data center. NuScale’s partner ENTRA1 Energy has the exclusive rights to develop, manage, own and operate energy production plants powered by NuScale’s SMRs.
NuScale (founded 2007) and ENTRA1 created an exclusive global partnership in 2022 to commercialize NuScale’s small modular reactors (SMRs). …
Continue ReadingStill More Vogtle Nuclear Delays (how will it end?)
By Kennedy Maize -- February 20, 2023 2 Comments“The failure of the uncompleted V.C. Summer Units #2 and #3 ($10 billion), and the continuing woes at Vogtle, have marked the complete failure of Congress to create a ‘nuclear renaissance’ through the 2005 Energy Policy Act. The act provided for up to $8 billion each in ‘loan guarantees’ for new nuclear plants.”
“Nuclear ‘loan guarantees,’ it turns out, is a politically constructed term to cover the fact that the ‘guarantees’ are actually Treasury funds, and loan payments are made to the Treasury.”
The sun rises in the East and sets in the West. And Southern Company announces further delays in the startup of Georgia Power’s Vogtle Units 3 and 4, the only nuclear power plant under construction in the U.S.
In its annual financial report issued Feb. 16, Southern said it will push back the startup date for Unit 3 of the two-unit, Westinghouse AP-1000 reactor project to May or June of this year. …
Continue ReadingBad News Vogtle #3 and #4 Yet Again
By Robert Bradley Jr. -- February 24, 2022 2 CommentsThe pile of missing or incomplete documents added up to a delay of three to six months, Southern said. That additional time is costing $920 million…. While Georgia Power customers have been bearing the brunt of Vogtle’s costs, Southern said in a regulatory filing that … “[the] incremental costs associated with these provisions will not be recovered from retail customers.”
Plant Vogtle’s latest move highlights the nuclear industry’s chief troubles with building large, baseload reactors: safety and cost. (Kristi Swartz, February 18, 2022)
“Plant Vogtle hits new delays; costs surge near $30B,” read the headline from EnergyWire (E&E News) last week.
The 2,200 MW project was supposed to cost $14 billion and be completed in 2016 (Unit 3) and 2017 (Unit 4); the project now nears $30 billion with a start date in 2023.…
Continue ReadingVogtle: Nuclear Renaissance Gone Bad (Georgia Power’s rent-seeking nightmare)
By Jim Clarkson -- March 11, 2015 1 Comment“Despite Georgia Power’s early confidence about staying on track, the massive nuclear expansion of Plant Vogtle south of Augusta is more than three years behind schedule. The company’s share of costs are at least $1.4 billion, or 23 percent, over original projections — enough to build two new Braves stadiums and still have a fortune left over.”
– Matt Kempner, “Overruns Invite Questions about Vogtle Approval,” The Atlanta Journal-Constitution, March 5, 2015.
“The new generation of nuclear plants was supposed to be simpler, more efficient, and safer. The construction was to be easier with the use of modular components. Implementation of the new designs are in trouble all over the world because designs are seriously flawed.” (Jim Clarkson, below)
“Iceberg off the Starboard Bow!” The big ship Vogtle is headed for trouble.…
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