The Georgia Public Service Commission unanimously approved a plan to continue the Vogtle Expansion Project. Georgia Power, a wholly owned subsidiary of the Southern Company, immediately accepted the deal contained in the plan and will continue moving forward with due diligence and effort. The announced decisions made me even more confident that there is strong…
Early this morning, Senate Republicans passed a tax reform package. Despite passing generous, deficit-increasing legislation that includes many provisions that favor corporations and most forms of energy production, it did not include an extension of the operational deadline that must be met to qualify for the nuclear production tax credit. In my analysis, there is…
Advanced nuclear development projects have made some significant steps during 2017. I met – via Skype – with representatives of three of the projects yesterday. Several more were invited, but were busy doing business even on a Sunday evening. The three who were able to attend were Seth Grae, the CEO of Lightbridge (NASDAQ: LTBR),…
By Jack Devanney Engineering, procurement, and construction (EPC) contractors have led recent nuclear plant projects into disasters. Deca-billion dollar cost overruns. Schedules doubling. Some projects being cancelled after squandering billions of dollars. Giant corporations facing bankruptcy. This raises the obvious question: if Westinghouse can’t build a standard nuclear power plant, how in the world will a start up like ThorCon…
It’s time to change energy game by adapting the well-proven, flexible and reliable combined cycle to be able to use nuclear fuel. That will match the best available heat conversion system with a low cost, emission-free heat source.
Several leaders in the South Carolina government are actively searching for ways to revive the V. C. Summer expansion project. The project includes construction of two Westinghouse AP1000 power plants capable of producing 1,140 MWe each. That is enough new nuclear capacity to enable the state to idle or close almost all of its coal-fired…
The witnesses testifying at Tuesday’s hearing on Energy Innovation in front of the House Committee on Science, Space & Technology provided forceful and specific examples of the important role that the Department of Energy has played in supporting commercially valuable research and development. They shared their thoughts about ways to improve outcomes, streamline processes, and…
Nuclear energy in the Republic of Korea is being threatened as a result of the May 9 presidential election of Moon Jae-in. Since at least 2012, when he suffered a narrow election defeat, Moon has advocated a halt to nuclear plant construction, prohibiting license extensions and achieving a “nuclear zero” policy by 2060. With the…
Emirates Nuclear Energy Corporation (ENEC) confirmed last week that it had completed construction for its first of four large nuclear units. It also announced that the initial operation of the plant will be delayed until sometime in 2018 to allow sufficient time to gain more operational experience and obtain national and international readiness reviews. After…
Late Friday evening, Georgia Power issued a terse press release. Thousands of people who have been tensely anticipating a crucial decision regarding the fate of the Plant Vogtle expansion project cannot stop worrying yet. We will now mark our calendars for May 12 as the next deadline for announcing a decision about whether the massive project will be continued…
Attendees at the 7th Annual International SMR and Advanced Reactor Summit in Atlanta, GA were intensely curious about the effect of Westinghouse’s decision to enter into a Chapter 11 bankruptcy reorganization effort. They are also working hard to learn whatever lessons might be available to help them avoid similar situations. What About That Westinghouse News?…
Dominion Resources’s North Anna nuclear power station unit number 3 should be approved for construction by the end of May 2017. It’s possible that the approval – in the form of a Nuclear Regulatory Commission (NRC) 10 CFR Part 52 combined license (COL) – could be issued within the next three weeks. This would be…