APR: your source for nuclear news and analysis since April 16, 2010

Wednesday, April 20, 2011

South Texas 3 and 4 now NO GO

NRG Energy has pulled out of the project to add two more reactor plants to the South Texas Project. TEPCO had been an investor in this project, and surely their hands are completely full .. and in fact the company may have to be either assisted by the government (either directly with funds, or else by way of easing the process for TEPCO to get loans) or else taken over by it. That means that there's no money coming there, and now that NRG has pulled out that kills the deal.

Two Westinghouse PWR plants operate at the South Texas Project site.

1:50 AM Eastern Wednesday 4/20

1 comment:

  1. Ive been expecting this since the extent of tepco's financial troubles became clear.

    With tepco gone, their isnt enough money to continue.