Vogtle continuation decision tells me America still produces leaders that can make complicated, long-term decisions

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…

Did the Republican tax reform bill add the last straw that halts large nuclear plant construction in U.S.?

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…

Atomic Show #261 – Three advanced nuclear technology developers

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),…

Who will be ThorCon’s EPC contractor?

Who will be ThorCon’s EPC contractor?

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…

Is V.C. Summer really dead or is near term revival possible?

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…

House Science, Space And Technology Gets Sage Advice From Energy Innovators

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…

GA Power And Westinghouse Extend Temp Vogtle Nuclear Plant Construction Agreement Through May 12

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…

What Does Westinghouse Bankruptcy Mean To Nuclear Energy Innovators?

What Does Westinghouse Bankruptcy Mean To Nuclear Energy Innovators?

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?…

New Nuclear: North Anna Unit 3 Should Be Approved Before The End Of May

New Nuclear: North Anna Unit 3 Should Be Approved Before The End Of May

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…