First new US nuclear reactor in decades enters commercial operation in Georgia

Re:First new US nuclear reactor in decades enters commercial... by bryanlarsen on Monday July 31, 2023 @04:50PM (#36948609)

Every other kind of power project is built using fixed price bids. If a company bids $3B for a natural gas plant or solar plant and the project costs more than $3B to build the company is on the hook, not the ratepayer.

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Re:First new US nuclear reactor in decades enters commercial... by FrustratedMonky on Monday July 31, 2023 @04:59PM (#36948736)

I didn't dig into details on specific of this project.

But any large fixed price project I've been on, it all hinged on verbose specifications. And then any change resulted in change orders. And it becomes a pissing match of who will pay. It is rarely cut and dry.

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Re:First new US nuclear reactor in decades enters commercial... by bryanlarsen on Monday July 31, 2023 @05:09PM (#36948858)

They are power contracts, not construction contracts. The power company isn't buying a power plant, they're buying power. That's what makes the contract so much simpler.

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Re:First new US nuclear reactor in decades enters commercial... by FrustratedMonky on Monday July 31, 2023 @07:10PM (#36950134)

I'll have to pass. I don't know the power industry that well.

My rule of thumb thought, is that nobody looses 17 billion. That gets passed to the consumer somewhere somehow. In someway obviously or not obviously.

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