New reactor projects to encounter cost overruns, study claims

03/15/2013 | Augusta Chronicle (Ga.), The

Reactor expansion projects in Georgia and South Carolina will continue to encounter further cost overruns and other issues, according to a report by an analyst with the Vermont Law School Institute for Energy and the Environment. "While the economic case against nuclear reactor construction was strong in 2008 when these engineering, procurement and construction contracts were signed and the construction approved, a dramatic change in material conditions was evident by 2009-2010 and the reactors should have been cancelled," the study found.

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Augusta Chronicle (Ga.), The

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