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America’s first new nuclear reactor in nearly seven years starts operations

Cat Clifford of CNBC reports on the start of Vogtle 3 in Georgia.

The C3 Take
  • Vogtle Unit 3 has begun operations in Georgia, marking the first time that a newly constructed nuclear power plant has entered the grid in nearly 30 years.
  • The plant will power 500,000 homes and businesses with reliable, carbon-free power.
  • Vogtle’s opening was several billion dollars over budget and delayed by over five years, due in large part to stringent and inefficient regulations.
  • To lower the cost of nuclear power and bring more clean energy to the grid, lawmakers must modernize regulations for atomic energy.

“Initial cost estimates for both reactors were $14 billion, and they were expected to power up in 2016 and 2017. But the costs have ballooned to $30 billion so far, and unit 4 is still not turned on, nuclear energy experts Matt Bowen, Rama T. Ponangi, and Andrew Evans from Columbia said.”

Read the full article here.

The views and opinions expressed are those of the author’s and do not necessarily reflect the official policy or position of C3.

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