In the U.S., cost and schedule
overruns for nuclear plants are legendary.
Not exact matches
We are watching that process play out,
for instance, and the Vogtle
plant, currently under construction in Georgia — where, with the familiar pattern of cost
overruns, and construction snafus, it seems possible that taxpayers will be taking yet another bath, courtesy of the
nuclear industry.
The project has been plagued by billions of dollars in cost
overruns, stagnant demand
for electricity, competition from cheap natural gas
plants and renewables, and the bankruptcy of Westinghouse Electric, the lead contractor and the designer of the AP1000 reactor that was supposed to be the foundation of a smarter, cheaper generation of
nuclear power
plants.