The second new nuclear power project underway in the U.S. has suffered at least $560 million in construction cost overruns according to a report filed today by plant owner SC Electric & Gas.
Archives for May 2012
Costly Incompetence: The top four U.S. nuclear construction projects are already mired in costly problems – Issue Brief by NC WARN
Consumer Coalition, National Expert Warn North Carolina Not to Repeat Nuclear Financing Mistake that’s Devastating Southeast Ratepayers
Groups: Nearly $1 Billion Vogtle Nuclear Reactor Cost Overrun Echoes Earlier Warning About “Boondoggle” Project
Even though the Vogtle reactor project got its federal license just three months ago, the controversial nuclear reactors are already in trouble. The latest problem: A cost overrun of nearly $1 billion in 2011 dollars, according to groups that warned in February that the Vogtle expansion effort is a boondoggle that could hurt ratepayers and (depending on the status of a pending Solyndra-style federal loan guarantee) U.S. taxpayers.
A higher price tag for a nuclear project – The New York Times, May 11, 2012
Vogtle nuclear project facing $900 million in cost overruns – NPR Atlanta, May 11, 2012
“It’s the water, stupid!”: Nuclear power won’t work in global warming world – Nuclear Energy Information Service
Duke Energy Rigs Rates against Small Businesses and Families
Legal challenge filed against expansionist business model that gives huge breaks to “No jobs” Apple and Facebook by driving up rates on small customers for years to come.
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