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The week's question
In December 2024, in the thread "Re: BRK: Why Not XOM?", BreckHutHigh asked the members: "What about the long road trips with kids?" This week it is put to everyone again. The button below opens the small thread re-asking it - read what others have said so far, then give your own answer as an ordinary reply.
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Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A)
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Author: DTB   😊 😞
Number: of 21944 
Subject: Re: OXY ownership on this board
Date: 01/18/24 1:04 PM
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I don’t know where I got that information, but it looks like you are right. The newest reactor to enter service is Vogtle Unit 3 at the Alvin W. Vogtle Electric Generating Plant in Georgia that began commercial operation on July 31, 2023. The next-youngest operating reactor is Watts Bar Unit 2, in Tennessee, which began commercial electricity generation in October 2016.

The U.S. Nuclear Regulatory Commission (NRC) licenses new commercial nuclear reactors to originally operate for 40 years. Before expiration of the original license, licencees can apply for a 20-year operating license extension. The NRC may subsequently grant a third 20-year operating license extension for a total operational life of 80 years.

It seems my reference was wrong, no new construction from 1979 to 2013, but a couple of new plants since then. My point is, 2 new stations in the last 7 years is not nearly enough to keep up. Since 2013, there have been many more closures, 8 by my count, and many are getting towards the end of their lives.

dtb
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This community has written 21,448 posts about Berkshire Hathaway. The article-length ones it recommended most:
BRK: Why Not XOM? · 62 recs · 2024
Second quarter comments · 60 recs · 2023
Berkshire's Profit Contributors · 57 recs · 2023
Summary of 2Q 2026 · 54 recs · 2026
3Q Summary · 53 recs · 2024
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