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Surging: The US just got a brand new nuclear reactor

Surging: The US just got a brand new nuclear reactor

Reacting

Plant Vogtle Unit 3, America’s first nuclear reactor built entirely from scratch in more than 30 years, is now online and successfully sending electricity to millions of customers and the State of Georgia, according to the plant's primary owners Georgia Power.

While the unit can reportedly power 500,000 homes at its full 1,100 megawatt output and has a 60-80 year estimated lifespan, it also came in $17 billion over budget and 7 years late, which has been pointed to as a reason why nuclear power may not offer the most feasible means of ushering in a clean, carbon-free future.

‍**(Not) going nuclear**

The initial turn towards nuclear power in the US began in earnest during the second half of the 20th century, which saw the bulk of American reactor building being carried out from 1970-1990. Indeed, construction on the newest unit before Vogtle Unit 3 — Tennessee’s Watts Bar Unit 2, which came online in 2016 — was started in 1973, before being suspended 12 years later and resumed in 2007.

The time-consuming and costly nature of nuclear energy projects, as well as the dangers linked with the production process, have seen fewer reactors built and the source’s electricity generation stall in recent decades. In 2002, nuclear was responsible for 780 million megawatthours of net US energy generation — 20 years later, that figure sat at 772 million. While it overtook coal briefly in 2020 and still produces far more energy than other cleaner sources, the trajectory of nuclear as an option, compared with natural gas, wind, and solar power, could explain why some are theorizing that the Vogtle Unit 3 will be among the last reactors in the US.

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Starbucks sells control of China business for $4 billion

Starbucks disclosed on Monday evening in a regulatory filing that it will sell control of its ailing China business to Boyu Capital for about $4 billion.

Under the agreement, Boyu will own a 60% stake in the China segment, which will become a joint venture between Boyu and Starbucks. The coffee chain will retain a 40% interest in the entity and will continue to own and license the brand and intellectual property.

Bloomberg reported earlier this year that the company was looking to sell its China segment. The American coffee giant has struggled to succeed in China, its second-largest market after the US.

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John Wayne Airport in Orange County tops the list of North America’s favorite airports

Despite a record year of passenger numbers, flight cancellations, and delays, a new survey has revealed that flyers have been increasingly satisfied about their experiences in North American airports. 

According to this year’s North America Airport Satisfaction Study from data analysts at J.D. Power, overall passenger satisfaction scores were up 10 points (on a 1,000-point scale), largely from “improvements in food, beverage and retail and ease of travel through the airport.” The annual survey measures overall traveler satisfaction across the region’s airports in seven categories (in order of importance): ease of travel, level of trust, terminal facilities, airport staff, airport departure experience, food and retail, and airport arrival experience.

Here are the regions favorites:

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