USA: nuclear power plant

A construction contract has been signed for a new nuclear power plant in the USA. The deal between Progress Energy and the Westinghouse and Shaw consortium is the third so far. Two AP1000 nuclear power reactors are to be built at a new site in Levy County, Florida under the contract, valued at USD 7.65 billion plus inflation, owner costs and contingencies. Progress said the total cost to it would reach USD 14 billion when finance, land price, labour, regulatory fees and initial batches of reactor fuel were included. Another cost is to be some USD 3 billion to provide 200mi of transmission lines. When complete, around 2016-18, the reactor units will generate 1105MWe each.
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