South Texas Nuclear Project expansion put by hold by events in Japan

It may be too early to know what this all means, but there have been two developments in the proposed STNP expansion. As the San Antonio Express News reported this morning:

Nuclear Innovation North America is slowing development of two additional nuclear reactors at the South Texas Project to give federal regulators and others time to assess the state of the industry in the wake of Japan’s nuclear disaster.

Work on the proposed reactors will be limited to licensing and securing the U.S. loan guarantee upon which the project depends, according to a Monday news release from NINA, the nuclear development company owned by NRG Energy and Toshiba Corp.

In a possibly related development, the Express-News also reported:

In conjunction with that announcement, CPS Energy CEO Doyle Beneby said the utility would indefinitely suspend talks to buy power from the proposed reactors.

Feels like progress to me….

Link: http://www.mysanantonio.com/news/energy/article/CPS-talks-on-nuclear-power-halted-1240848.php

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About Robert Singleton

By day, I work for a call center. In my spare time, I try to save my hometown (and planet) from a nearly constant onslaught of greedheads, lunatics and land developers. I live in a fictional town called Austin, Texas, where I go to way too many meetings.
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