Post Tagged with: "Vogtle"

New Bloomberg Report Paints Dire Picture Of U.S. Nuclear Power Industry

New Bloomberg Report Paints Dire Picture Of U.S. Nuclear Power Industry

Featured, Nuclear Energy May 17, 2018 at 12:36 pm 0 comments

A report from Bloomberg New Energy Finance (BNEF) says the financial struggles of U.S. nuclear power plants continue to increase, and it is likely more plants will be faced with early retirement.

Will New Nuclear Plants Save the Ailing US Nuke Industry? Very Unlikely

Will New Nuclear Plants Save the Ailing US Nuke Industry? Very Unlikely

Industry and Lobbies, International December 25, 2017 at 4:18 am 0 comments

No new US reactors were brought on line between 1996 and 2016, with the bulk of construction dating to the 1970s and 1980s. But the United States is still the world’s largest producer of nuclear energy.

Vogtle Decision: This Christmas, Public Funds Are Nuked in the US for Saving the Doomed Nuclear Power Lobbies

Vogtle Decision: This Christmas, Public Funds Are Nuked in the US for Saving the Doomed Nuclear Power Lobbies

International December 24, 2017 at 2:45 am 0 comments

Today, the Georgia Public Service Commission, which regulates electric and gas utilities in the state, voted to approve continued construction of two nuclear reactors at Georgia Power’s Plant Vogtle. This decision is unsurprising because of the Commission’s utter failure to question the project throughout its ten-year history, but the decision is all the more ridiculous and unfortunate for it. The vote flies in the face of the evidence about the project’s likelihood for continued failure, the state’s energy needs, and the PSC staff’s own recommendation to cancel the Vogtle reactors if Georgia Power did not agree to swallow $4 billion of the cost.