Skip to main content

SCANA’s Analyst Day - “New nuclear continues to be the low cost alternative for customers”

By

Yesterday, SCANA held an Analyst Day that mostly talked about the construction of the two nuclear units at their Summer station. Here’s the link to the 164 page slide deck (18 mega-byte pdf). Below are a few noteworthy slides.

The first slide to mention is “Why Nuclear?” If you look at the chart at the top right of the slide below, SCANA provided their all-in cost estimates for nuclear ($76/MWh), natural gas ($81/MWh), coal ($117/MWh), offshore wind ($292/MWh) and solar ($437/MWh). For them, “new nuclear continues to be the low cost alternative for customers.”

image

Here are two slides, of many, showing construction at the site.

image

image

Also worth mentioning is the slide showing where SCANA is purchasing the supplies around the world to construct the units.

image

And, below is a picture of one of the AP1000s being built in China that is 2.5 years ahead of SCANA’s construction schedule. They are, of course, sharing lessons between each other.

image

There is definitely much more to peruse in the fat document so be sure to check it out.

Labels:

Comments

seth said…
Anybody have an idea why Vogtle is $14B and VC Summer is $10B for the same two Ap-1000's.

I'd heard that the Vogtle project included $4B for transmission but can't find reference.
June 18, 2011 at 12:27 PM
Post a Comment

Popular posts from this blog

Activists' Claims Distort Facts about Advanced Reactor Design

By
Below is from our rapid response team . Yesterday, regional anti-nuclear organizations asked federal nuclear energy regulators to launch an investigation into what it claims are “newly identified flaws” in Westinghouse’s advanced reactor design, the AP1000. During a teleconference releasing a report on the subject, participants urged the Nuclear Regulatory Commission to suspend license reviews of proposed AP1000 reactors. In its news release, even the groups making these allegations provide conflicting information on its findings. In one instance, the groups cite “dozens of corrosion holes” at reactor vessels and in another says that eight holes have been documented. In all cases, there is another containment mechanism that would provide a barrier to radiation release. Below, we examine why these claims are unwarranted and why the AP1000 design certification process should continue as designated by the NRC. Myth: In the AP1000 reactor design, the gap between the shield bu...
23 comments
Read more

Wednesday Update

By
From NEI’s Japan micro-site: NRC, Industry Concur on Many Post-Fukushima Actions Industry/Regulatory/Political Issues • There is a “great deal of alignment” between the U.S. Nuclear Regulatory Commission and the industry on initial steps to take at America’s nuclear energy facilities in response to the nuclear accident in Japan, Charles Pardee, the chief operating officer of Exelon Generation Co., said at an agency briefing today. The briefing gave stakeholders an opportunity to discuss staff recommendations for near-term actions the agency may take at U.S. facilities. PowerPoint slides from the meeting are on the NRC website. • The International Atomic Energy Agency board has approved a plan that calls for inspectors to evaluate reactor safety at nuclear energy facilities every three years. Governments may opt out of having their country’s facilities inspected. Also approved were plans to maintain a rapid response team of experts ready to assist facility operators recoverin...
Post a Comment
Read more

Nuclear Utility Moves Up in Credit Ratings, Bank is "Comfortable with Nuclear Strategy"

By
Some positive signs that nuclear utilities can continue to receive positive ratings even while they finance new nuclear plants for the first time in decades: Wells Fargo upgrades SCANA to Outperform from Market Perform Wells analyst says, "YTD, SCG shares have underperformed the Regulated Electrics (total return +2% vs. +9%). Shares trade at 11.3X our 10E EPS, a modest discount to the peer group median of 11.8X. We view the valuation as attractive given a comparatively constructive regulatory environment and potential for above-average long-term EPS growth prospects ... Comfortable with Nuclear Strategy. SCG plans to participate in the development of two regulated nuclear units at a cost of $6.3B, raising legitimate concerns regarding financing and construction. We have carefully considered the risks and are comfortable with SCG’s strategy based on a highly constructive political & regulatory environment, manageable financing needs stretched out over 10 years, strong partners...
Post a Comment
Read more