Submission + - Nuclear plants delayed in China, watched closely by US firms (pennenergy.com)
mdsolar writes: U.S. power companies struggling with the escalating costs of building nuclear plants are closely watching similar efforts in China, where officials are expecting delays.
Two plants under construction in Sanmen and Haiyang, China, are the first-ever built using Westinghouse Electric Co.'s AP1000 reactor design. Utility companies in Georgia and South Carolina are building two similar plants in the United States using a very similar design. Since the project in China is father along, U.S. executives and safety regulators watch it closely.
Officials at China's State Nuclear Power Technology Corp. blame the delays on the late delivery of equipment from the United States. Westinghouse Electric Co. and project manufacturers are working to redesign a coolant pump for the plant.
Chinese officials are building a fleet of nuclear plants as they aim to produce a fifth of their country's electricity from non-fossil fuel sources by 2030.
"Because it is the first of this kind in the world, it is normal to have some delay," said Guo Hongbo, director of the firm's general office. He was vague on how long the delays may last. "It is not a problem whether the delay is one year or two years. The technological breakthrough will be utterly valuable to the development of ... world nuclear power."
The projects in the United States are already under cost pressure. Westinghouse Electric Co. and Chicago Bridge & Iron Co. expect construction of two new AP1000 reactors at Plant Vogtle in eastern Georgia will go three years beyond the approved schedule, according to financial filings. Southern Co., which owns a 46 percent stake in the plant, and the plant's other owners have not accepted that timeline.
Regulators in Georgia estimate the latest delays could push Southern Co.'s share of spending on the plant from $6.1 billion to more than $8 billion.
A sister plant owned by SCANA Corp. and Santee Cooper in South Carolina has run into similar delays and cost overruns.
Two plants under construction in Sanmen and Haiyang, China, are the first-ever built using Westinghouse Electric Co.'s AP1000 reactor design. Utility companies in Georgia and South Carolina are building two similar plants in the United States using a very similar design. Since the project in China is father along, U.S. executives and safety regulators watch it closely.
Officials at China's State Nuclear Power Technology Corp. blame the delays on the late delivery of equipment from the United States. Westinghouse Electric Co. and project manufacturers are working to redesign a coolant pump for the plant.
Chinese officials are building a fleet of nuclear plants as they aim to produce a fifth of their country's electricity from non-fossil fuel sources by 2030.
"Because it is the first of this kind in the world, it is normal to have some delay," said Guo Hongbo, director of the firm's general office. He was vague on how long the delays may last. "It is not a problem whether the delay is one year or two years. The technological breakthrough will be utterly valuable to the development of
The projects in the United States are already under cost pressure. Westinghouse Electric Co. and Chicago Bridge & Iron Co. expect construction of two new AP1000 reactors at Plant Vogtle in eastern Georgia will go three years beyond the approved schedule, according to financial filings. Southern Co., which owns a 46 percent stake in the plant, and the plant's other owners have not accepted that timeline.
Regulators in Georgia estimate the latest delays could push Southern Co.'s share of spending on the plant from $6.1 billion to more than $8 billion.
A sister plant owned by SCANA Corp. and Santee Cooper in South Carolina has run into similar delays and cost overruns.