Tuesday, April 18, 2017
Westinghouse bankruptcy could grind US nuclear sector to a halt | Utility Dive
The fallout from Westinghouse Electric’s chapter 11 bankruptcy filing is multi-faceted and still unfolding.
At the least, it is toxic news for the fate of the only nuclear projects to begin construction in the United States in three decades: the addition of two 1,100 MW reactors to Georgia Power’s Vogtle nuclear plant near Waynesboro, Ga., and the addition of two reactors of the same design to the V.C. Summer plant in Jenkinsville, S.C.
At the worst, Westinghouse’s collapse could spell the end of any nuclear build-out in the United States — at least under current designs — and lead to the abandonment of those two projects...