This happened a few weeks ago, but when I searched the forums I didn't see any other threads on it.
Was wondering what @OVERKILL (and others) take on this might be.
For my part, I wonder how much is spent on these deals that is just pure cavitation. It seems like the costs on anything nuclear always spiral out of control. But how much of this is actual construction cost overruns and how much is just every other business department spinning the register? As far as I know, no concrete was poured for this project. It's just the projections got out of hand. If we just committed to doing these deals regardless of how much it cost and just put our heads down and did it, would it actually cost less than bloviating about it for years on end?
NuScale ends Utah project, in blow to US nuclear power ambitions
NuScale Power said on Wednesday it has agreed with a power group in Utah to terminate the company's small modular reactor project, dealing a blow to U.S. ambitions for a wave of nuclear energy to fight climate change and sending NuScale's shares down 20%.
www.reuters.com
Was wondering what @OVERKILL (and others) take on this might be.
For my part, I wonder how much is spent on these deals that is just pure cavitation. It seems like the costs on anything nuclear always spiral out of control. But how much of this is actual construction cost overruns and how much is just every other business department spinning the register? As far as I know, no concrete was poured for this project. It's just the projections got out of hand. If we just committed to doing these deals regardless of how much it cost and just put our heads down and did it, would it actually cost less than bloviating about it for years on end?
Last edited by a moderator: