SOURCE: Industrial Info Resources

Industrial Info Resources

July 14, 2015 06:00 ET

Nuclear Power Update: Finish Line in Sight for Watts Bar Unit 2, but Delays and Cost Overruns Still Plague Vogtle and Summer Unit Additions, an Industrial Info News Alert

SUGAR LAND, TX--(Marketwired - Jul 14, 2015) - Written by John Egan for Industrial Info Resources (Sugar Land, Texas) -- The Watts Bar Unit 2 nuclear project, owned by Tennessee Valley Authority (NYSE:TVE) (TVA) (Knoxville, Tennessee), is turning out to be the belle of the nuclear power ball. Construction of the unit is now about 98% complete, and it is adhering to its construction schedules and cost estimates, TVA spokesman Scott Brooks told Industrial Info TVA will spend between $4 billion and $4.5 billion to complete the 1,180-megawatt (MW) pressurized water reactor, which is expected to be online in early 2016.

Within this article: Update on several nuclear power projects in the U.S., including key projects from Southern Company (NYSE:SO), Chicago Bridge & Iron Company NV (NYSE:CBI), SCANA Corporation (NYSE:SCG), DTE Energy (NYSE:DTE), NextEra Energy Incorporated (NYSE:NEE) and Entergy Incorporated (NYSE:ETR).

For details, view the entire article by subscribing to Industrial Info's Premium Industry News, or browse other breaking industrial news stories at www.industrialinfo.com.

Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, five offices in North America and 10 international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle™, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. To contact an office in your area, visit the www.industrialinfo.com "Contact Us" page.

Contact Information

  • Contact:
    William Ploch
    713-783-5147