Vogtle nuclear plant
Southern Co.'s CEO and CFO said the company is on track to hit its earnings targets for 2025 amid strong growth from data centers and other large loads.
The pace of undermining the statutory authority of the Nuclear Regulatory Commission to serve as the cornerstone of nuclear safety is accelerating, says Stephen A. Smith.
The U.S. hasn’t built new nuclear plants over the past 50 years (other than the Vogtle disaster) because they haven’t made any economic sense, argues columnist Steve Huntoon.
Experience with small modular reactors (like other nuclear) is for massive cost overruns, writes columnist Steve Huntoon.
Site preparation is underway in southern Ontario for what is expected to be the first small modular reactor to come online in North America, a 300-MW unit projected to cost $7.7 billion CAD.
Duke Energy is considering nuclear for its long-term plans, but it may take decades before the resource is being installed at scales similar to gas plants, solar or wind today.
EIA data on utility capital spending over the past 20 years shows that an increase in distribution and transmission spending outweighed declines in generation spending.
The new federal funding is aimed at building market confidence that the U.S. nuclear industry will be able to incorporate the lessons learned at Vogtle to deliver a new round of safer, more efficient SMRs on time and on budget.
The first new reactors built in the U.S. since 2016, Vogtle’s two units have come online seven years late and $17 billion over budget, leaving subsequent projects surrounded by perceptions of risk.
Economic growth in the Southeast fueled first-quarter earnings of more than $1.1 billion, Southern Co. executives said.
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