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South Carolina to Reboot Giant Nuclear Project to Meet AI Demand
- johnneville 2y agohttps://archive.ph/y7S0C https://archive.ph/y7S0C
- chickenbig 2y agohttps://web.archive.org/web/20241204140927/https://www.admin.sc.gov/sites/admin/files/Documents/FMRE/NAC/VCSTrip.pdf https://web.archive.org/web/20241204140927/https://www.admin... for a site inspection presentation.
- blackeyeblitzar 2y agoThis is the same power station that was involved in “Nukegate”: https://en.wikipedia.org/wiki/Nukegate_scandal https://en.wikipedia.org/wiki/Nukegate_scandal The cost for their two AP1000 reactors went from $9.8B to $25B before the expansion at the power plant was eventually halted. Westinghouse, who designed the reactors, almost shut down as a result of cost overruns here and in another power station, where costs for a similar setup of two AP1000 reactors went from $14B to $34B (https://en.wikipedia.org/wiki/Vogtle_Electric_Generating_Plant https://en.wikipedia.org/wiki/Vogtle_Electric_Generating_Pla...). Unfortunately the desperate nuclear energy industry in the West hasn’t done well and is more or less dead, although potentially soon to be revived due to the AI boom. Westinghouse at one point sold their reactors to China, including all the designs/IP, which was a huge strategic mistake for them and for the US. China then simply cut ties and built their own designs based off the AP1000, what they now call the CAP1000 and CAP1400: https://en.wikipedia.org/wiki/CAP1400 https://en.wikipedia.org/wiki/CAP1400
- johncearls 2y agoBut that was a great quarter. You should have seen the bonuses.
- blackeyeblitzar 2y agoYou’re probably correct about the incentives. I wonder if some of those same people regret those choices now…
- chickenbig 2y agoApparently Westinghouse still collect licensing fees for CAP1000 builds https://www.linkedin.com/posts/mark-w-nelson-484b0713_this-incredible-image-shows-rapid-progress-activity-7280412364779278336-Zoe- https://www.linkedin.com/posts/mark-w-nelson-484b0713_this-i...