Costs and Economics
In December 2007, Duke Power announced that it would spend $160 million in 2008 on the plant and that total costs could range 5–6 billion dollars. In November 2008, Duke estimated the overnight cost of the plant at $11 billion.
Read more about this topic: William States Lee III Nuclear Generating Station
Famous quotes containing the words costs and/or economics:
“The real price of everything, what everything really costs to the man who wants to acquire it, is the toil and trouble of acquiring it.”
—Adam Smith (1723–1790)
“The animals that depend on instinct have an inherent knowledge of the laws of economics and of how to apply them; Man, with his powers of reason, has reduced economics to the level of a farce which is at once funnier and more tragic than Tobacco Road.”
—James Thurber (1894–1961)