This is first in a series of blogs about Toshiba’s financial meltdown and the implications this is having on new nuclear power plant projects. Today’s blog serves as an overview.
Coverage of the still-unfolding financial meltdown of Japanese tech-mogul Toshiba has been growing since late December when the massive financial losses were first divulged. Toshiba’s much anticipated earnings report call yesterday, which was expected to shed light on the situation, was delayed with permission from Japanese regulators until March 14. Toshiba still reported extremely bad news, much larger losses than earlier predicted and the selling-off of key Toshiba assets.
Dennis Wamsted’s post, “Do You Hear That? It’s The Fat Lady Singing; Nuclear Revival Ends Almost Before It Starts,” originally ran in his blog, Wamsted on Energy: News and views for thinking professionals, on February 10, 2017. Find the original post here and more about Mr. Wamsted here. Published below with permission. Five years ago almost to [...]
In celebration of TVA’s smart decision to save billions and billions of dollars by stopping their pursuit of nuclear power at Bellefonte and instead considering the possible sale of the site to outside parties, we developed a poll to offer YOU a chance to decide what should be done with the site.
So, what is the current cost estimate for building two new Toshiba-Westinghouse AP1000 nuclear reactors at Southern Company’s Plant Vogtle near Waynesboro, Georgia along the Savannah River? It seems like it should be a simple question but it clearly is not. And the answer depends on when you ask, who you ask, what your question [...]
One wonders what it is going to take in order to get the Georgia Public Service Commissioners’ attention when it comes to the two under-construction nuclear reactors at Plant Vogtle? As reported by Georgia Power in their 13th semi-annual Vogtle Construction Monitoring (VCM) report, the project is $1.4 billion over budget and at least 39-months [...]
In celebration of National Hispanic Heritage Month, SACE will be posting a series of blogs highlighting issues that impact Latino communities throughout the Southeast. This is the first blog in that series, and please stay tuned for more entries throughout the month. To view this blog in Spanish, click here. Over the last several months, much [...]
Hint: this isn’t a hard question to answer if you look back at the nuclear power industry’s track record. And the answer is? Drum roll please… All five nuclear reactors presently under construction in the U.S. are… delayed and over budget. That’s 100%! Every single one… SCANA now joins other utilities including Tennessee Valley Authority and [...]
Southern Company’s water-hogging Plant Vogtle aims to get even thirstier if the proposed two new nuclear reactors under construction receive approval from the Georgia Environmental Protection Division (EPD) for a large water withdrawal permit from the already imperiled Savannah River. The state agency is considering a permit request for up to 74 million gallons per [...]
This opinion editorial was written by Ryan Alexander, president of Taxpayers for Common Sense. It was originally published by the Tampa Tribune on their website on September 11, 2013 and can be found here. Find out more about the conditional $8.3 billion federal nuclear loan guarantee for the proposed new Vogtle reactors here and a [...]
As the Japan nuclear disaster continues, concerned interests are collaborating to hold the U.S. Nuclear Regulatory Commission (NRC) accountable to its stated mission to “[ensure] that people and the environment are protected.” Last week 45 groups and individuals across the U.S. joined in an unprecedented action to petition the NRC to suspend all nuclear reactor proceedings [...]