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U.S. nuclear industry is struggling, as the federal government has imposed increasingly onerous burdens on the industry, which supplies around 60 percent of the carbon-free electricity in the United States

Regulations Hurt Economics of Nuclear Power


Regulations Hurt Economics of Nuclear Power The state of Georgia is facing difficulties keeping the construction of its two nuclear units alive. The bankruptcy of Westinghouse, the project's lead contractor, in March and construction delays have resulted in a five-year delay in opening its units at the Alvin W. Vogtle generating station near Augusta, from initial opening dates of 2016 and 2017 to 2021 and 2022. Construction costs have almost doubled from $14 billion to at least $23 billion. Yet Georgia utility regulators recently approved the continued construction of the units because they will be a valuable source of reliable electricity for a long time. The reactor design, the Westinghouse AP1000, is a significant advancement in nuclear technology and safety and is being successfully built in China. Benefits include plant reliability, fuel diversity, and zero greenhouse gas emissions. The Vogtle units will also help the United States compete worldwide in nuclear construction.
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