With the decision by the Nuclear Regulatory Commission last week to approve the first new nuclear facility in the U.S. in more than 30 years, the Southern Company project in Georgia will be under a financial and operational microscope.
But as Peter Gardett of AOL Energy explains, the long-term outlook for nuclear remains muddy.
Along with Vogtle, SCANA's plan for two more units at its Summer plant in Jenkinsville, S.C., will be under enhanced scrutiny, the Nuclear Energy Institute's senior director of business policy and fuel supply, Leslie Kass, told AOL Energy.
"Although multiple layers of additional transparency have been built into the financing and the project oversight for the proposed units in recent years, the industry's concern remains that any small disruptions could be blown out of proportion in the public perception of the high-profile units," Kass told Gardett.
