Utility Drive

Rising steel prices, interest rates could push NuScale Utah project cost to $100/MWh, but support remains
Robert Walton
November 16, 2022

“If the participants don’t take that off-ramp, then they are locked in and no matter what happens to the cost of construction after that, you know, then they’re in it, like Vogtle and Summer in the Southeast,” Williams said, referring to the development of two new nuclear reactors that each went billions over budget. The Summer project in South Carolina was ultimately canceled.