Tag Archives: cost overruns

Nuclear power’s economic failure via The Ecologist

Dr Jim Green  | 13th December 2021  A new report from Friends of the Earth Australia details the catastrophic cost overruns with nuclear power projects. Despite the abundance of evidence that nuclear power is economically uncompetitive compared to renewables, the nuclear … Continue reading

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Olkiluoto 3 reactor delayed yet again, now 12 years behind schedule via Yle

Finland’s fifth nuclear reactor will not begin regular operations before 2021, rather than 2009 as originally planned. The startup date for the Olkiluoto 3 (OL3) nuclear reactor on Finland’s southwest coast has been pushed back again. Plant owner Teollisuuden Voima … Continue reading

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Energy Department guarantees $1.8B in loans for GA nuclear plant via The Hill

The Department of Energy (DOE) will guarantee $1.8 billion in loans for the operators of two new nuclear reactors under construction at a power plant in Georgia, the department announced on Wednesday. The government had previously provided $6.5 billion in … Continue reading

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