1. U.S. government-owned Tennessee Valley Authority (TVA) said on Thursday it now sees the new reactor at the Watts Bar 2 nuclear power plant in Tennessee online between September and December 2015 at a higher estimated cost of $4 billion to $4.5 billion. In February, TVA said the 1,180-megawatt Watts Bar 2 project was running over budget and behind schedule. TVA decided in 2007 to complete the second reactor at Watts Bar to help meet the region’s growing demand for power. The unit was expected to enter service in 2012 at a cost of about $2.5 billion.
TVA decided in August that it would complete the 1,260-MW Bellefonte 1 reactor. In the past, TVA said the project would cost about $4.9 billion and could enter service by 2020. The company has said it would take about six years of construction time to finish Bellefonte 1, which was already about 55 percent complete. But the ultimate cost and timing for Bellefonte depends on work at Watts Bar 2.
Watts Bar is one of five new reactors the industry expects to complete by 2020 as part of a slow-moving nuclear renaissance in the United States.
2. China’s Hongyanhe reactor is on track for a startup in October, 2012
If you liked this article, please give it a quick review on ycombinator or StumbleUpon. Thanks
Wang is a prolific business-oriented writer of emerging and disruptive technologies. He is known for insightful articles that combine business and technical analysis that catches the attention of the general public and is also useful for those in the industries. He is the sole author and writer of nextbigfuture.com
, the top online science blog. He is also involved in angel investing and raising funds for breakthrough technology startup companies.
He gave the recent keynote presentation at Monte Jade event with a talk entitled the Future for You. He gave an annual update on molecular nanotechnology at Singularity University on nanotechnology, gave a TEDX talk on energy, and advises USC ASTE 527 (advanced space projects program). He has been interviewed for radio, professional organizations. podcasts and corporate events. He was recently interviewed by the radio program Steel on Steel on satellites and high altitude balloons that will track all movement in many parts of the USA.
He fundraises for various high impact technology companies and has worked in computer technology, insurance, healthcare and with corporate finance.
He has substantial familiarity with a broad range of breakthrough technologies like age reversal and antiaging, quantum computers, artificial intelligence, ocean tech, agtech, nuclear fission, advanced nuclear fission, space propulsion, satellites, imaging, molecular nanotechnology, biotechnology, medicine, blockchain, crypto and many other areas.