Constellation Energy has shelved its proposal to build a new reactor at its Calvert Cliffs nuclear power plant, Obama administration officials said Friday, even though the administration had decided to award the project a $7.5 billion loan guarantee.
More details at The Washington Post.
This is yet another nuclear project that has been shelved. Nuclear projects require huge government subsidies, loan guarantees and insurance guarantees. Why aren't these subsidies, loan guarantees, etc, provided to renewable energy.