One of two Westinghouse AP1000 reactors to remain unfinished at South Carolina’s VC Summer nuclear power plant
“Public trust is at stake here, folks.” That’s how South Carolina’s top power industry regulator described the gravity yesterday of local utilities’ decision to walk away from a pair of partially-built nuclear reactors, according to Charleston’s Post and Courier newspaper. Public Service Commission chairman Swain Whitfield added that the reactors’ cancellation after $9 billion of investment — more than the state’s annual budget — “is going to shatter lives, hopes and dreams” in South Carolina.
South Carolina-based Santee Cooper and SCANA’s abandonment of their pair of new reactors, announced on Monday, also have broader ramifications for the nuclear industry’s self-declared “nuclear renaissance.” 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. Continue reading →
Last month the U.S. EPA admitted it was way off in its estimate of how much methane producers leak into the atmosphere in the process of wresting natural gas from the ground and piping it across the continent. It’s a big deal since methane is a far more potent greenhouse gas than carbon dioxide and likely responsible for a substantial fraction of the climate change we’re already experiencing. And it’s been a long time coming. For many years now methane measurements by airplanes and satellites have strongly suggested that methane emissions from the oil and gas patch could be double what EPA figures captured.
Today the online earth observation pub Earthzine has my take on an unusual research project that helped convince EPA — and the industry — to change their tune on methane emissions. Take me to the article…
A bad year for nuclear power producers has Belgians and Britons shivering more vigorously as summer heat fades into fall. Multiple reactor shutdowns in both countries have heightened concern about the security of power supplies when demand spikes this winter.
In Belgium, rolling blackouts are already part of this winter’s forecast because three of the country’s largest reactors — reactors that normally provide one-quarter of Belgian electricity — are shut down. Continue reading →
After months of negotiation, the French government has unveiled a long-awaited energy plan that is remarkably true to its election promises. The legislation’s cornerstone is the one-third reduction in the role of nuclear power that President François Hollande proposed on the campaign trail in 2012.
Under the plan, nuclear’s share of the nation’s power generation is to drop from 75 percent to 50 percent by 2025, as renewable energy’s role rises from 15 percent today to 40 percent to make up the difference. That is a dramatic statement for France, which is the world’s second largest generator of nuclear energy, after the United States. France has a globally-competitive nuclear industry led by state-owned utility Electricité de France (EDF) and nuclear technology and services giant Areva. Continue reading →
Government incentives for a pair of proposed nuclear reactors could cost U.K. taxpayers as much as £17.62 billion, thus exceeding the reactors’ projected cost. The EC figure is a preliminary estimate included in an initial report to London published on Friday by European Commission competition czars. The letter notifies the British government that—as we predicted in December—Brussels is launching a formal investigation to assess whether the subsidies violate European state aid rules.
The preliminary findings suggest that the U.K. and E.C. are on a collision source. As the Financial Times summed it up this weekend: “The severity of [the EC’s] initial concerns will cast a shadow over government hopes to win approval for the deal.”
Can a U.K. firm’s novel plant design defuse environmental concerns?
By Peter Fairley
Fifty years ago this July, Électricité de France began sealing off Normandy’s La Rance estuary from the sea. After three years of work, the world’s first large-scale tidal power plant was born. The station operates still, generating up to 240 megawatts of renewable power as the twice-daily tides force water in and out of the estuary through the hydroturbines seated within its 750-meter-long seawall. But the three years of construction were tideless, which devastated La Rance’s ecosystem, killing off nearly all of its marine flora and fauna; it would take another decade for the estuary to bounce back. Due in part to that ecological hangover, La Rance would remain the only tidal station of its scale for nearly five decades …
Excerpted from the July 2013 edition of Spectrum Magazine. Get the full scoop via Spectrum.
France’s government launched a working group this week to coordinate installation of a standardized national charging network for plug-in hybrid electric vehicles and battery-powered EVs. Many may be experience deja vu, so to speak, because this would apparently be the second such charging network the country has installed.
President Nicolas Sarkozy has set a goal of seeing 100,000-plus electric-mode vehicles on the road in 2012 and has offered French automakers bailout funding partially tied to development of EVs as summarized by Earth Times. But as French state minister for industry Luc Chatel told French business magazine Usine Nouvelle [French], “Their battery serves no point without the infrastructure to go with it.” Hence the working group struck last week, representing automakers, energy distributors such as state-owned nuclear utility EDF, municipalities and other players, which is to deliver a plan in June.