US Energy Secretary Ernest Moniz has alluded to the promise of small modular reactors (SMRs) multiple times over the past few months, noting that they may offer benefits in terms of financing, costs and security, but warning that realistic expectations suggest these reactors are unlikely to come onstream for almost a decade. “We remain very… Keep reading →
Chairman of the Nuclear Regulatory Commission (NRC) Gregory Jaczko listens to his introduction before he delivers remarks at the Regulatory Information Conference on March 13, 2012 in Rockville, Maryland.The long-expected federal decision giving SCANA a license to build two new nuclear reactors in South Carolina came along with news that project has already encountered delays and cost overruns.
The Nuclear Regulatory Commission approved the license for SCANA’s Summer station near Columbia, SC on Friday, seven weeks after approving a similar license for Southern Company’s Vogtle station near August, Georgia. The vote was again 4-1, with Chairman Gregory Jaczko again dissenting over the commission’s decision not to attach a specific provision requiring compliance with future post-Fukushima requirements. Keep reading →
The United States has taken an important step toward efficiently meeting the country’s rising electricity demand by ensuring a greater supply of clean, safe nuclear power.
With plans in place in Georgia for the construction of the next generation of nuclear energy facilities, this industry expansion will promote economic prosperity and continued development of a sustainable clean energy source. We need a cost-efficient, low-carbon solution to the nation’s increasing electricity demand- projected to rise 24 percent by 2035. Expanding nuclear energy as part of the mix of electricity generation options is necessary to meeting our nation’s growing power needs cleanly and cost-effectively. Keep reading →
Stan Wise, Chairman of the Georgia Public Service Commission, welcomed today’s Nuclear Regulatory Commission vote as bringing “certainty” to a project that is “$2 billion in the ground and $13 billion to go.”
The project structure Georgia Power and its parent, Southern Company, have set up, with Shaw as constructor and Westinghouse as nuclear vendor under contracts specifying schedule and budget, is vital to ensuring there are no cost overruns as there were in the 1980s when Georgia Power built Vogtle-1 and -2, he said. Keep reading →
