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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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Vogtle Nuclear Construction Faces “Additional Delay” Based on Miscalculations in Foundation Concrete – News Release from NC WARN and Alliance for Nuclear Accountability
Big News! White House Hedging on Nuclear Loans!
NC attorney general challenges Duke Energy rate increase – The Charlotte Observer
SC nuclear project likely hinges on NORTH Carolina approval – News release by NC WARN
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.
Progress Energy BREAKS nuclear plant – price tag $2.5 billion and rising
Progress Energy can congratulate itself for skirting major controversy at its three nuclear plants in the Carolinas in recent years. But 700 miles south of here, the Raleigh-based utility’s nuclear plant in Florida is experiencing one of the most exorbitant and bewildering mishaps in the history of the nation’s nuclear industry.