Two South Carolina utilities are abandoning two unfinished nuclear reactors, half of the new reactors being built in the United States today. A decision on the other two will be made later this month. The South Carolina project is far behind schedule and far over projected costs, the recurring story of civilian nuclear reactor projects in the United States. China and Russia seem to be doing better with reactor-building, but their state-run companies can cook the books in ways that private companies can’t. Read More
Michael Lewis has an extensive article on the Trump administration’s approach to the Department of Energy. It’s worth reading. I’ll add some observations and objections.
The biggest thing I object to is the framing of scary. Nuke stuff is always framed as scary. There’s some basis for that, particularly in the time of Trump, but being scared is not the best way to deal with problems. Read More