nuclear subsidies

Long-Delayed Vogtle Nuclear Plants Want To Delay Reporting How Much Longer They’ll Be Delayed

5 years ago Jeremy Bloom 0 Comments

When centrists insist we need to build more nuclear power plants as part of the decarbonization push to prevent climate change, they ignore two very important things: New nuclear power plants are fiendishly expensive and have a lousy track record of getting built on time. Or even at all. Southern Company’s Georgia Power division started building its new Vogtle nuclear reactors in 2009, with expected completion in 2016. It’s now three years later, the two reactors have been delayed till 2021 and 2022, and now Georgia Power is asking to delay reporting on whether or not those delayed openings will once again be delayed.

Lazard: Wind & Solar Power Costs Continue To Fall, Putting Coal & Nuclear At A…

6 years ago Steve Hanley 0 Comments

Lazard is a global asset management company that tracks the cost of producing electricity, among other things. It uses a measure called the Levelized Cost of Energy (LCOE), which averages the estimated costs of construction, maintenance, and fuel for electricity generating assets over the number of megawatt-hours that each is expected to produce over its lifetime. In simple terms, it is one way of comparing different ways of making electricity to see which cost more and which cost less.