Vogtle Loan Guarantees Praised, Criticized

Credit to Author: Darrell Proctor| Date: Sat, 23 Mar 2019 15:39:51 +0000

Energy Secretary Rick Perry on March 22 said his department will guarantee up to $3.7 billion in additional loans to finance continued construction of two new nuclear reactors at the Vogtle plant in Georgia. While Perry and other government officials stressed the importance of the project to the U.S. nuclear industry, critics called it a […]

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Trump Administration Set to Guarantee $3.7 Billion to Finish Vogtle Nuclear Expansion

Credit to Author: Darrell Proctor| Date: Wed, 20 Mar 2019 20:58:56 +0000

Energy Secretary Rick Perry will reportedly announce March 22 that the Trump administration will finalize $3.7 billion in loan guarantees to support completion of the Vogtle nuclear plant construction project. The announcement is expected when Perry visits the site near Waynesboro, Georgia, on Friday along with Georgia Gov. Brian Kemp and Southern Co. CEO Tom […]

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U.S. Will Build Nuclear Plants in India

Credit to Author: Darrell Proctor| Date: Thu, 14 Mar 2019 02:40:12 +0000

The U.S. has agreed to build six nuclear power plants in India, according to a joint statement from the two countries issued March 13 in Washington, D.C. The countries held two days of talks this week, discussing international security and nuclear cooperation. The talks involved Andrea Thompson, the U.S. undersecretary of state for arms control […]

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Southern Company CEO: Vogtle Ahead of Schedule

Credit to Author: Darrell Proctor| Date: Thu, 21 Feb 2019 00:20:53 +0000

Southern Company CEO Thomas Fanning on February 20 said construction of two new nuclear reactors at Plant Vogtle is on track and could possibly beat the current regulatory approved startup dates for the AP1000 units. Fanning spoke Wednesday on the company’s fourth-quarter 2018 earnings call. He said Georgia Power, a Southern Company subsidiary and the […]

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Georgia PSC Backs Additional Costs for Vogtle Nuclear Project

Credit to Author: Darrell Proctor| Date: Tue, 19 Feb 2019 23:34:54 +0000

Georgia regulators on February 19 approved another $526.4 million in expenditures by Georgia Power related to the long-delayed Vogtle nuclear power plant expansion near Waynesboro, Georgia. Georgia Public Service Commission (PSC) members voted 4-1 to approve a settlement agreement for the 19th Vogtle Construction Monitoring (VCM) Report, which covers the first six months of 2018. The […]

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Regulators Back Dominion Takeover of SCANA

Credit to Author: Darrell Proctor| Date: Mon, 17 Dec 2018 19:53:02 +0000

Dominion Energy’s bid to purchase SCANA Corp. and its South Carolina Electric & Gas (SCE&G) utility, approved by South Carolina regulators on Dec. 14, could bring some stability to SCANA. Shareholders hope that’s the case; they’re excited about swapping their devalued SCANA shares for more valuable Dominion stock. Workers, though, remain uncertain about their futures, […]

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Toshiba Scraps Massive AP1000 Nuclear Project in the UK

Taking another steep hit from its beleaguered nuclear business, Toshiba Corp. said it will withdraw from construction of the proposed 3.8-GW Moorside nuclear plant in the UK, a project expected to comprise three AP1000 reactors.   The Tokyo-based conglomerate said on November 8 that it had also taken steps to “wind up” NuGeneration Ltd. (NuGen), […]

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Big Gains for Tiny Nuclear Reactors

As the hubbub of interest and activity surrounds development of small modular reactors (SMRs) hovering between 60 MW and 300 MW, and medium-sized nuclear reactors of under 700 MW, several nuclear technology

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Now Two AP1000 Reactors in Commercial Operation, Vogtle Makes Progress Too

Unit 1 at the Haiyang nuclear power plant in Shandong, China, successfully completed a 168-hour full-power continuous operation test, meeting the requirement for commercial operation, State Power Investment Corp. Ltd. announced on October 23. Its AP1000 reactor is the first nuclear unit to be placed in operation in Shandong, an eastern province on the Yellow […]

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[BREAKING] Vogtle Owners Vote to Continue Nuclear Expansion Project

The four co-owners of the Plant Vogtle nuclear expansion project in Georgia have voted to continue construction of two new reactors at the site near Waynesboro. The vote on September 26 came two days after the original deadline for a vote on the future of Units 3 and 4, which are scheduled to come online […]

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