From PennEnergy:
As the United States continues to look for clean, reliable energy to cut emissions and continue to provide power for the growing country, the nuclear power industry is making plans to expand. On Feb. 16, 2010, President Obama awarded the first loan guarantee for a nuclear plant under provisions of the Energy Policy Act of 2005. The award of $8.3 billion for two additional reactors at Southern Co.’s Vogtle plant in Georgia is conditional until the plant receives a combined construction and operating license from the Nuclear Regulatory Commission, which is expected in 2011. Southern is not the only energy provider looking to build new nuclear reactors in the U.S. And modular designs and the battle to finance new construction means nuclear power has been grabbing headlines across the globe. In a series of interviews, Power Engineering magazine Associate Editor Brian Wheeler moderated this year’s Nuclear Power Executive Roundtable. Participants included John Herron, president, CEO & chief nuclear officer of Entergy Nuclear; Mark Marano, Areva senior vice president of U.S. new build operations; Danny Roderick, GE Hitachi Nuclear Energy’s senior vice president for new plant projects; Christofer Mowry, president & CEO, Babcock & Wilcox Modular Nuclear Energy LLC; and Deva Chari, Westinghouse senior vice president of Nuclear Power Plants.
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