Nuclear Power – On time and under cost

Yah right. That is so laughable. Even after they announced that they were going to try to bring 5 nuclear plants on line there were no commercial backers and so the price went up before they even started. It has been all downhill since then.

News Guide: Nuclear Industry Facing Cost Pressures

By The Associated Press
July 10, 2012 (AP)

Q: How many nuclear plants are under construction in the U.S.?

A: Three. Two nuclear reactors are being built at Plant Vogtle in eastern Georgia. Two more reactors are under construction at Plant Summer in central South Carolina. A fifth reactor mothballed in 1985 is being finished at Plant Watts Bar in Tennessee.

Q: How often are nuclear plants built?

A: The last nuclear plant built in the United States was the existing reactor finished at Watts Bar in 1996.

Q: How much does a nuclear plant cost?

A: Billions of dollars. Nuclear plants are among the most complicated and expensive infrastructure projects in the world. The plants require incredible amounts of design and engineering work and must be built to exacting safety standards. Federal inspectors can require that parts of the plant be ripped out and replaced if they don’t meet muster. The plants require huge amounts of metal, concrete, cables and wires. Building two Westinghouse Electric Co. AP1000 reactors at Plant Vogtle is supposed to cost roughly $14 billion, though the final expenses could be more.


Go there and read the rest. More tomorrow.


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