{"id":1680,"date":"2017-08-11T20:30:07","date_gmt":"2017-08-12T03:30:07","guid":{"rendered":"http:\/\/www.sergneri.net\/wordpress\/?p=1680"},"modified":"2017-08-11T20:30:07","modified_gmt":"2017-08-12T03:30:07","slug":"9-billion-nuclear-boondoggle-fits-a-global-pattern-of-troubles","status":"publish","type":"post","link":"https:\/\/www.sergneri.net\/wordpress\/index.php\/2017\/08\/11\/9-billion-nuclear-boondoggle-fits-a-global-pattern-of-troubles\/","title":{"rendered":"$9 Billion Nuclear Boondoggle Fits a Global Pattern of Troubles"},"content":{"rendered":"<p>\t\t\t\tFrom the IEEE Spectrum on <a href=\"http:\/\/spectrum.ieee.org\/energywise\/energy\/nuclear\/abandoned-nuclear-reactors-fit-a-global-pattern-of-new-build-troubles\">South Carolina&#8217;s VC Summer nuclear power plant<\/a>.<\/p>\n<blockquote><p>\u201cPublic trust is at stake here, folks.\u201d That\u2019s how South Carolina\u2019s top power industry regulator described the gravity yesterday of local utilities&#8217; decision to walk away from a pair of partially-built nuclear reactors, according to Charleston\u2019s Post and Courier newspaper. Public Service Commission chairman Swain Whitfield added that the reactors&#8217; cancellation after $9 billion of investment \u2014 more than the state\u2019s annual budget \u2014 \u201cis going to shatter lives, hopes and dreams\u201d in South Carolina. <\/p>\n<p>South Carolina-based Santee Cooper and SCANA\u2019s abandonment of their pair of new reactors, announced on Monday, also have broader ramifications for the nuclear industry\u2019s self-declared \u201cnuclear renaissance.\u201d In March the cost overruns and delays afflicting this project and a sister project in Georgia drove the reactor designer and builder Westinghouse Electric Co. into bankruptcy. Cost overruns and political concerns are also squeezing nuclear suppliers from France, South Korea, and Russia.<\/p><\/blockquote>\n","protected":false},"excerpt":{"rendered":"<p>From the IEEE Spectrum on South Carolina&#8217;s VC Summer nuclear power plant. \u201cPublic trust is at stake here, folks.\u201d That\u2019s how South Carolina\u2019s top power industry regulator described the gravity yesterday of local utilities&#8217; decision to walk away from a pair of partially-built nuclear reactors, according to Charleston\u2019s Post and Courier newspaper. Public Service Commission &#8230; <span class=\"more\"><a class=\"more-link\" href=\"https:\/\/www.sergneri.net\/wordpress\/index.php\/2017\/08\/11\/9-billion-nuclear-boondoggle-fits-a-global-pattern-of-troubles\/\">[Read more&#8230;]<\/a><\/span><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12,13,15,17],"tags":[177,1218,1219,1220,1513,1521,1605,1721,1855,1856,1857],"class_list":{"0":"entry","1":"post","2":"publish","3":"author-sergneri","4":"has-excerpt","5":"post-1680","7":"format-standard","8":"category-nuclear-industry","9":"category-politics","10":"category-science","11":"category-thinking-about","12":"post_tag-ap1000","13":"post_tag-nuclear-industry","14":"post_tag-nuclear-power","15":"post_tag-nuclear-reactors","16":"post_tag-santee-cooper","17":"post_tag-scana","18":"post_tag-southern-co","19":"post_tag-toshiba","20":"post_tag-westinghouse-ap1000","21":"post_tag-westinghouse-ap1000-reactors","22":"post_tag-westinghouse-electric-co"},"_links":{"self":[{"href":"https:\/\/www.sergneri.net\/wordpress\/index.php\/wp-json\/wp\/v2\/posts\/1680","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.sergneri.net\/wordpress\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.sergneri.net\/wordpress\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.sergneri.net\/wordpress\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.sergneri.net\/wordpress\/index.php\/wp-json\/wp\/v2\/comments?post=1680"}],"version-history":[{"count":0,"href":"https:\/\/www.sergneri.net\/wordpress\/index.php\/wp-json\/wp\/v2\/posts\/1680\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.sergneri.net\/wordpress\/index.php\/wp-json\/wp\/v2\/media?parent=1680"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.sergneri.net\/wordpress\/index.php\/wp-json\/wp\/v2\/categories?post=1680"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.sergneri.net\/wordpress\/index.php\/wp-json\/wp\/v2\/tags?post=1680"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}