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Archive for January 22nd, 2009

CPS committed to spend $60 million more on the proposed expansion of the South Texas Nuclear Project at its Board of Trustees meeting on Tuesday, which brings the city utility’s total expenditures on units 3 & 4 to $267 million.

The construction and operating license still languishes at the NRC, almost a year and a half after being submitted.

Somewhat lost amid the honorings, approvals, and statements of the Board meeting was the fact that STP 3 & 4 ranking for DoE’s loan guarantees has slipped from #1 to #3 (out of 14).  Updated rankings will be out in March.  3rd seems respectable.  It’s a bronze medal, right?  Well, there’s only $18.5 billion slotted for loan guarantees and each reactor can cost $6-who-knows-how-many-billions.

Gschwartz’s piece on this week’s Board of Trustees meeting sums things up pretty well on SA Current’s Queblog.  The Express-News touched on it here and here.

-Matt

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