Terry noted: “And it has soured the market on future sales by anyone.”
WPPSS had the same cost overrun experience 35 years ago and cancelled 3 reactors. Big reactors and crummy top management are prone to create a disaster. The “Nuclear Village” in Japan is the latest example. China and India are waiting off stage for the 4th and 5th (final) acts of the Mother of all Tragedies . Bob Cook From: Terry Blanton<mailto:hohlr...@gmail.com> Sent: Friday, June 2, 2017 1:39 PM To: vortex-l@eskimo.com<mailto:vortex-l@eskimo.com> Subject: Re: [Vo]:CNL seeks input on small modular reactor technology On Fri, Jun 2, 2017 at 3:45 PM, Jed Rothwell <jedrothw...@gmail.com<mailto:jedrothw...@gmail.com>> wrote: I do not think Fukushima has anything to do with the Toshiba bankruptcy. Not directly. Indeed Toshiba is playing an important role in the cleanup and is likely profiting from that. When Plant Vogtle units 1 and 2 were under construction, their cost was projected to be $800M. Then, March 28, 1979 TMI happened. When I was with the Power company in 1981, regulatory changes had driven the projected cost to $2B. I think the final cost was between 2 and 3 B. Ironically, construction on units 3 and 4 was well underway when Fukushima happened. I doubt we can quantify the costs resulting from regulatory changes directly related to that accident; but, it almost certainly has to play a significant role. And it has soured the market on future sales by anyone.
