They're adding two new AP1000 reactors to an existing site. Each reactor produces 1.1 GW of electricity, reliably, for 60-80 years. While the building cost is l

They're adding two new AP1000 reactors to an existing site. Each reactor produces 1.1 GW of electricity, reliably, for 60-80 years. While the building cost is large (about the same as wind, on a per-average-megawatt basis) the operating costs are low, and the power will become cheaper than coal over time as the initial investment is paid off. There's been some misunderstanding about the government's involvement in this, so let me be explicit: this is not a loan, nor a subsidy. This is the government insuring the loan in case the company building the reactors defaults on the loans they got from private investors. Unless disaster strikes, the government will actually make a profit on this without paying a dime.