Have you ever seen the commercial that ends with the saying “What’s in YOUR wallet?” Well if you are an electric power customer in South Carolina, the answer is a nuclear power train wreck! Please let me take a minute and share with you a little southern straight talk about what has been happening while [...]
Just kidding! April Fool’s!
I know, I know…we did this last year too, but it’s not our fault that Southern Company and SCANA offered up April Fool’s 2016 as completion dates for the first new nuclear reactors at Plant Vogtle in Georgia and V.C. Summer in South Carolina picked April Fool’s 2017 for the next two new reactors at each site. You heard that right: roughly 4400 megawatts (MW) of new nuclear generation were supposed to be flowing through transmission lines by now.
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 [...]
Below is a guest blog post with permission to re-post from Gregory Jaczko, former U.S. Nuclear Regulatory Commission (NRC) Chairman and Commissioner, originally published in the Huffington Post’s “The Blog” on December 14, 2015, which can be found here. Back in 2012, then-Chairman Jaczko was the only NRC Commissioner who voted against issuing the combined operating [...]
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 [...]
The U.S. Government Accountability Office (GAO) released a new technology assessment report yesterday, “Nuclear Reactors: Status and challenges in development and deployment of new commercial concepts.” But the results of the study were anything but new. The GAO’s findings confirmed that new nuclear reactor technologies, such as small modular reactors (SMRs), and other new reactor [...]
Today marks the fourth anniversary of the devastating Great Japan East Earthquake and subsequent tsunami that killed many thousands of people, with thousands still missing, and triggered a triple-meltdown at the Fukushima Dai-ichi nuclear plant. A reported 250,000 people still remain displaced, with the Fukushima prefecture officially stating that over 118,000 Fukushima people are still [...]
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 [...]
Yesterday was the grand opening of the Clemson University Wind Turbine Drivetrain Testing Facility, the biggest and most advanced test center of its kind in the world. SACE was a sponsor of the event had the pleasure of sending a small team to attend. The facility will test advanced wind turbines by simulating field conditions [...]