ABSTRACT

Rising Costs and Delays Doom New Nuclear Reactors in South Carolina [August 10, 2017]   [open pdf - 98KB]

"A utility consortium that had been building two new nuclear power reactors in South Carolina announced July 31, 2017, it is abandoning the project because of growing cost overruns and schedule delays. Completion of the two additional reactors at the existing V.C.(Virgil C. Summer) Nuclear Station near Jenkinsville, SC, had been in doubt since Westinghouse Electric Corporation, the lead contractor for the project, filed for bankruptcy reorganization on March 29, 2017. Westinghouse also had been building two new reactors at the Vogtle nuclear plant in Georgia. The lead owner of that project, Southern Company, has taken over construction management from Westinghouse while the owners decide --reportedly by the end of August--whether to complete the new reactors."

Report Number:
CRS Insight, IN10750
Author:
Publisher:
Date:
2017-08-10
Copyright:
Public Domain
Retrieved From:
Federation of American Scientists: http://www.fas.org/sgp/crs/index.html
Format:
pdf
Media Type:
application/pdf
URL:
Help with citations