In 2007, the Department of Energy began constructing the Mixed Oxide (MOX) Fuel Fabrication Facility in South Carolina to dispose of 34 metric tons of surplus, weapons-grade plutonium. This facility is now about 30 percent complete. Due to cost overruns and schedule delays, Congress requested that DOE and the Army Corps of Engineers assess the facility contract to determine if it could be converted from a cost-reimbursable to a fixed-price type contract. We reviewed their reports and found that converting the contract would limit the government’s risk of future cost increases but would take time and could add some costs.
GAO 15th Nov 2017 read more »
The top U.S. electricity regulator wants to prop up ailing coal and nuclear plants for as long as it takes to determine whether they provide vital services to the grid – a process that could take two years or longer, he said in an interview late on Wednesday.
Reuters 16th Nov 2017 read more »