The U.K. Nuclear Decommissioning Authority will cancel a 14-year contract worth about $7.7 billion awarded in 2014 and pay over $122 million compensation to the U.S.-based consortium that failed to win the contract.
The National Nuclear Security Administration’s harshly worded rejection of up to $2.7 million in performance bonuses for 2016 construction progress at the Mixed-Oxide Fuel Fabrication Facility project in Aiken, S.C., has prompted a fiery rebuttal from contractor CB&I Areva MOX Services.
Last spring, at the Plant Vogtle construction site near Waynesboro, Ga., executives representing Georgia Power, its lead contractors and trades groups gathered to commit publicly to turning around the $16-billion nuclear power-plant expansion.
An ongoing political battle between the Obama administration and Congress over construction of the budget-busting Mixed Oxide Fuel Fabrication Facility in South Carolina heated up after Oct. 3, when Vladimir Putin announced that Russia is suspending its participation in the international treaty governing plutonium disposition that served as the project’s impetus.
The Dept. of Energy continued its campaign to halt construction of the multibillion-dollar Mixed Oxide Fuel Fabrication Facility project, often referred to as MOX, this time by pointing out construction errors and defects during a Sept. 8 media tour of the Savannah River Site facility.
In a power-generation market buffeted by cheap natural gas, increasingly cheap wind and solar energy, demands for carbon-free fuels, environmental regulations, distributed energy resources,
advances in energy storage and other innovations and changes, what role can nuclear energy play?