Nuclear Project $16 Billion Over Budget Wins Major US Approval
Vogtle Unit 3, left, and Unit 4.
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A US nuclear reactor in a project that’s $16 billion over budget and seven years behind schedule cleared a major regulatory hurdle on Friday, bringing it a step closer to full commercial operations.
Southern Co.’s Vogtle 4 reactor in Georgia received approval to load fuel, the federal Nuclear Regulatory Commission said in a letter. The Vogtle complex is set to become the largest single power source in the US but has been beset by delays and cost increases.