New Plants?

Groups: Nearly $1 Billion Vogtle Nuclear Reactor Cost Overrun Echoes Earlier Warning About “Boondoggle” Project

May 11, 2012

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

May 3, 2012

An oft-repeated jibe against renewable energy sources like wind and solar power by (usually) smug nuclear power proponents is, “What are you going to do when the sun don’t shine and the wind don’t blow?”

Vogtle Nuclear Construction Faces “Additional Delay” Based on Miscalculations in Foundation Concrete – News Release from NC WARN and Alliance for Nuclear Accountability

April 9, 2012

Southern Company presses NRC for expedited license amendment to avoid further slippage at Vogtle, construction of “nuclear island” not yet underway.

Big News! White House Hedging on Nuclear Loans!

April 4, 2012

This is big. The $8.3 Billion taxpayer loan for construction of two new reactors at the Vogtle site in Georgia, the centerpiece of the Obama Administration’s support for the “nuclear renaissance,” may be blocked–by the Obama Administration.

SC nuclear project likely hinges on NORTH Carolina approval – News release by NC WARN

March 28, 2012

This Friday, the NRC is expected to approve a Construction and Operating License for two Westinghouse AP1000 reactors at the VC Summer nuclear plant in South Carolina. The project, being developed by South Carolina Electric & Gas, is likely to hinge on Duke Energy and/or Progress Energy buying into it after a COL is issued.

Problems mount at nuclear construction in Georgia – News Release by NC WARN

March 1, 2012

Who gets soaked? Taxpayer loan guarantees pending as contractors begin feeding frenzy on cost overruns due to long-standing and new design problems.

Groups: Southern Company Does Not Have Real “Skin in the Game” if Vogtle Reactor Loan Guarantee Defaults

February 23, 2012

Industry group spreading falsehoods about viability of controversial nuclear project.

Cost Overruns Hit another Nuclear Construction Project – This one in South Carolina, Press Release by NC WARN

February 21, 2012

A second U.S. nuclear power construction project is expected to receive a license within weeks, but a new document shows that the majority owner and contractors are arguing over who should pay the extra costs of at least 11 changes totaling over $380 million for two Westinghouse AP1000 reactors.

NC WARN, allies sue NRC over new reactors

February 16, 2012

With more than 15 times the Solyndra loan guarantee on the line, U.S. taxpayers being kept in the dark about huge Vogtle risks; nine groups cite NRC law violation in going to court to block Vogtle licensing.

Listen to Jim Warren’s comments during a short audio clip from Atlanta public radio.
US groups file suit to block new Southern Vogtle reactors – Reuters
Groups sue to stop Vogtle expansion project – Atlanta Journal Constitution
Motion to stop Vogtle construction – with Dr. Makhijani’s analysis

Nuclear agency approves first nuclear reactors since 1978 – USA Today

February 9, 2012

The Nuclear Regulatory Commission approved the nation’s first nuclear power plant in a generation on Thursday, clearing the way for Atlanta-based Southern Co. to build two reactors at its Plant Vogtle site near Augusta.

New Plants?

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