Solar Growth Skyrockets as Nuclear Power Fails to Compete
Feb. 19, 2017 03:01PM EST
By Mike Jacobs
Last year’s solar deployment numbers just came in and they are, in a word, phenomenal. Utilities bought more new solar capacity than they did natural gas capacity: an astounding 22 states added more than 100 MW of solar each.
At the same time, there is grim news about delays in construction and associated cost over-runs for nuclear plant construction projects in Georgia and South Carolina. SCANA—owner of South Carolina Electric & Gas and sponsor of the VC Summer Nuclear Project—has just reported new delays in the in-service dates of its new reactors to 2020. Construction started more than 7 years ago, with energy deliveries promised to begin in 2016.