Plant Vogtle, a nuclear power plant in Waynesboro, Ga., is the largest source of clean energy in the U.S. following the addition of two new reactors, according to Georgia Power. The plant's Unit 4 reactor began commercial operations in April and Unit 3 went online last year. They are the first reactors built from scratch and connected to the grid in over three decades and together can power over a million homes and businesses, according to the utility provider.
But bringing a nuclear power plant to life is difficult and costly. The two new reactors at Plant Vogtle were initially budgeted at $14 billion, but that price tag more than doubled. The project also ran seven years behind schedule.
"We had some challenges, it was an arduous journey, things that we didn't anticipate," said Chris Womack, CEO of Southern Company. "From the tsunami in Fukushima to the contractor going bankrupt to Covid. There were a number of things that occurred.
The U.S. has 54 operating nuclear power plants and 94 reactors, making it the world's largest producer of nuclear power -- accounting for 30% of global nuclear electricity, according to the World Nuclear Association.
But reactors in the U.S. are 42 years old on average, and they're getting older. Replacing them is a complex task.
So why is it so hard to build nuclear reactors in the U.S. and should the new Vogtle reactors be a blueprint or a cautionary tale for the future?
Chapters:
0:00-2:25 Introduction
2:26-6:04 Chapter 1. Plant Vogtle
|
Bloomberg’s Ed Ludlow takes a look at th...
Fuse has raised $100 million to accelera...
Could the AI boom become a new source of...
Unitree Robotics shares surged in their ...
Anthropic's revolving credit facility is...
The Trump administration on Tuesday adva...
Bank of America chief executive Brian Mo...
トキメキ・インベスティング 「生涯にわたるお金との向き合い方 バッファー資産を考...
Indonesia’s stock market has declined by...
✅画面に表示される株価・指数などの数値は【2026年8月19日放送時点】のもので...
日替わりでFX取引に役立つ最新&必見情報をお届け! ※本動画はPR・プロモーショ...
----------------------------------------...