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There’s one being built right now in Georgia. Vogtle Power Station. Yup you guessed it. Over budget and late. Though to be fair - I think the timeline was too a
by vermontdevil 7y ago
There’s one being built right now in Georgia. Vogtle Power Station. Yup you guessed it. Over budget and late. Though to be fair - I think the timeline was too aggressive when it was first proposed.
https://en.wikipedia.org/wiki/Vogtle_Electric_Generating_Plant https://en.wikipedia.org/wiki/Vogtle_Electric_Generating_Pla...
Another utility canceled a project that was underway in South Carolina.
- barry-cotter 7y agoOver budget and late is the norm for projects that complicated. If you’re spending enormous sums of money on something that isn’t very, very close to something you know how to do, again you’ve actually done something very similar, and recently, massive cost overruns are the norm[1]. If the average software project is over budget, late and doesn’t do all the things it was supposed to do on design stage, just think how much more complex these things are. [1]https://arxiv.org/pdf/1409.0003.pdf https://arxiv.org/pdf/1409.0003.pdf
- pfdietz 7y agoWind and PV projects typically come in within 10% of estimates.