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Nuclear revival rests with Southern after Scana scraps project
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Regulator urges Southern to make final decision by year-end
Southern calling it quits could prove to be the final nail in the coffin for the long-awaited U.S. nuclear renaissance that has failed to materialize in the aftermath of Japan’s Fukushima nuclear accident. In 2012, Southern and Scana became the first companies to gain approval to build U.S. reactors in more than 30 years — only to find themselves in troubling times for the industry.
On top of construction setbacks and ballooning costs, nuclear plants are reeling under intense competition from cheap natural gas and renewables that have spurred states led by New York to go as far as offering subsidies for existing reactors to keep them open……. https://www.bloomberg.com/news/articles/2017-08-01/fate-of-new-nuclear-in-u-s-now-rests-on-one-utility-in-georgia
