4 ms·
Only twice the over run is not bad these days. Nuclear is a fantastic idea on paper. Then that paper gets shredded. "In the United States, the cost of Georgia
by ngold 7y ago
Only twice the over run is not bad these days. Nuclear is a fantastic idea on paper. Then that paper gets shredded.
"In the United States, the cost of Georgia Power’s newest twin Vogtle reactors may top initial estimates of $14 billion and reach $21 billion, according to recent Georgia Public Service Commission testimony. Of course, the first two Vogtle Units begun in 1971 took 18 years to build (a decade over schedule) at a final price of $9 billion — ten times the original price tag. BloombergBusiness wrote last fall, “Even as sympathetic an observer as John Rowe [former chair of the U.S.’s largest nuclear utility] warns that the new units at Vogtle will be uneconomical when — or if — they’re completed.”
https://thinkprogress.org/the-nuclear-industry-prices-itself-out-of-market-for-new-power-plants-1421750327c3/ https://thinkprogress.org/the-nuclear-industry-prices-itself...
- dmix 7y agoThat's another good example but I don't see how that's unique to nuclear.