As the two new nuclear reactors under construction at Vogtle begin to take shape in Georgia the future of nuclear power hangs in the balance, according to a report from Matthew Wald for the New York Times.
Observers will all be looking to Vogtle for answers to the most pressing questions surrounding nuclear power, says Wald, like âWhat does a new reactor cost?â and âWith the price of natural gas near history lows, can it even by worthwhile?â
âAs the current generation of reactors moves toward retiresment, the two projects may be the industryâs last best hopeâ Wald says.
According to the report, executives at Southern Co. (NYSE: SO) said they were eager for the challenge. âIt takes leadership to do something like this,â Sothernâs vice president for nuclear development, Joseph âBuzzâ Miller, reportedly said.
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