scandal

The president and CEO of Florida Power & Light (FPL) announced he will step down from his role as leader of the utility. Eric Silagy, who became FPL’s president in 2011 and was named CEO in 2014, on Jan. 25 said he will move into a transitional role with the utility next month. Silagy, 57, […]

SCANA Corp.’s troubles concerning its decision to abandon the V.C. Summer nuclear expansion intensified again this week after South Carolina’s attorney general’s office and state lawmakers urged state law enforcement to conduct a criminal investigation on how it handled the project. The company said in a filing with the U.S. Securities and Exchange Commission on […]

For all its record-breaking achievements for speed, innovation, and efficiency, the 3,960-MW Sasan Ultra Mega Power Project should have been a POWER Top Plant. But the unique project has been plagued by serious setbacks—including loss of life—that show how perilous the plant construction journey can be. A decade ago, India was suffering a power crisis […]

South Korea in the past week indicted 100 people—including officials from the state-run nuclear power plant operator—of corruption in a scandal over forged nuclear safety certifications. It is now also considering freezing ambitions to maintain nuclear’s 29% share in its total power mix—which means scrapping a previous goal to increase it to 41% by 2035. The scandal […]