Delays For SC Nuclear Plant Put Pressure On the Industry

mdsolar sends this news from the Associated Press: Expensive delays are piling up for the companies building new nuclear power plants, raising fresh questions about whether they can control the construction costs that crippled the industry years ago. The latest announcement came this week from executives at SCANA Corp., which has been warned by its builders the startup of the first of two new reactors in South Carolina could be delayed two years or more. ... That announcement may well foreshadow more delays for a sister project in eastern Georgia, and they have caught the attention of regulators and Wall Street. 'Delays generally cause cost increases, and the question becomes who's going to bear the costs?' said C. Dukes Scott, executive director of the South Carolina Office of Regulatory Staff, a watchdog agency that monitors SCANA Corp.'s spending.

None of this is helpful for the nuclear power industry, which had hoped its newest generation of plants in Georgia and South Carolina would prove it could build without the delays and cost overruns so endemic years ago. When construction slows down, it costs more money to employ the thousands of workers needed to build a nuclear plant. Meanwhile, interest charges add up on the money borrowed to finance construction. A single day of delay in Georgia could cost $2 million, according to an analysis by utility regulators.

Comments

Re:Just red tape?

[nbauman]

You never have 50,000 death per year in the US to coal.
Perhaps 5 to 10 in the long time average due to mining accidents. I really doubt the total number of workers mining coal is close to that number.
And: fix your damn mining safety issues instead of blaming it to 'coal', mining of uranium is only marginally more safe.

You can never calculate exactly how many people die from coal emissions, so I used an estimate that would be in the neighborhood. There are lots of people dying of asthma, chronic obstructive pulmonary disease, and bronchitis. They're going to die eventually, when their lung function goes down below a certain threshold, and coal emissions brings their lung function down a little sooner. Another vulnerable group is people with heart failure.

Here's an estimate of 24,000 lives a year. https://en.wikipedia.org/wiki/... In the 1980s I used to work on the same floor as a bunch of energy industry magazines, and they had reports floating around from different organizations, which I would pick up occasionally. I remember reading some surprising number like 50,000. I don't have those reports around any more so I can't easily check. It might have been 50,000 in the 1980s, because that was around the time coal plants were installing pollution control equipment. The pollution control equipment was fairly expensive, particularly because it cut the power output by about 10%. You can make coal emissions as clean as you want, if you can spend a sufficient amount of money. There were debates during the Reagan era about things like, "How much should society spend to save the life of a 4-year-old girl with asthma?" (The economists said $220,000.)

The best-documented and highest estimates of the number of deaths from coal power that I saw came from the nuclear power industry. The worse coal looks, the better nuclear looks. They were fond of saying that coal plants had higher emissions of uranium and radium than nuclear plants did (barring catastrophe). Those guys are pretty good engineers. I hope they know what they're doing. The American Lung Association also had some similar figures.

Coal mining used to be one of the most dangerous occupations in America, but it's gotten safer because (1) open pit mining is safer (2) even underground mining can be safe if they follow safety rules with the same diligence that the nuclear or airline industry does. There are a few companies that have a, shall we say, investor-centered approach to safety, and they have most of the accidents. The Wall Street Journal used to love to run stories about mine accidents on the front page, and look up the mine owner's records of safety violations, injuries and deaths with MSHA. In the last big US mine accident, there was strong evidence that the supervisors were deliberately violating safety rules about ventilation etc. In some countries, that would be a crime and they would go to jail.

Uranium mining has some problems with the radioactive dust and gas in the air. I don't know if they can filter it out. You can filter anything, but you might not be able to breathe for more than 10 minutes with a filter that traps the very smallest particles, and you couldn't do any heavy work. But at least uranium mines don't have coal damp.