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Tuesday
Aug032010

South Texas reactor project puts on the brakes

"NRG Energy, one of the City of San Antonio’s partners at the South Texas Project nuclear facility in Matagorda County, announced today it will idle payments into a planned two-reactor nuclear expansion on the Texas coast," writes Greg Harman this week in the San Antonio Current. The NRF-Toshiba project which would add two reactors to the South Texas nuclear site, is dependent on federal loan guarantees - a burden likely to fall to taxpayers. But the loan guarantees have so far failed to materialize causing this latest retreat from the nuclear energy frontier.

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