ATLANTA (AP) — America's first new nuclear plants in more than a decade are
costing billions more to build and sometimes taking longer to deliver than
planned, problems that could chill the industry's hopes for a jumpstart to the
nation's new nuclear age.
Licensing delay charges, soaring construction expenses and installation
glitches as mundane as misshapen metal bars have driven up the costs of three
plants in Georgia, Tennessee and South Carolina, from hundreds of millions to as
much as $2 billion, according to an Associated Press analysis of public records
and regulatory filings....
Plant Vogtle in eastern Georgia, initially estimated to cost $14 billion, has
run into over $800 million in extra charges related to licensing delays.... is
now delayed seven months....
....The long-mothballed Watts Bar power plant in eastern Tennessee, initially
budgeted at $2.5 billion, will cost up to $2 billion more...
...Regulators have been trying to make it easier to build, encouraging the use of
off-the-shelf reactor designs that get approval in advance
I am a Professor at a large public university. I study political economy and biopolitics (the politics of life). My interests are diverse but are broadly concerned with economic, social and environmental justice. I have published 5 books: Crisis Communication, Liberal Democracy and Ecological Sustainability: The Threat of Financial and Energy Complexes in the Twenty-First Century (2016); Fukusima and the Privatization of Risk (2013); Constructing Autism (2005); Governmentality, Biopower and Everyday Life (2008/2011); Governing Childhood (2010).
I also participated in an edited collection on Fukushima: Fukushima: Dispossession or Denuclearization (2014).