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posted by janrinok on Tuesday February 14 2017, @09:34AM   Printer-friendly
from the it's-not-what-you-know... dept.

A large majority of geeks are enamored with nuclear power -- it's very cool technology after all. The problem of course, is that a nuclear power plant is a complex piece of machinery and successfully building one to operate safely is a delicate task, a lesson Toshiba learned the hard way:

Those troubled projects in the American South are now threatening the Japanese icon's foundations. The value of Toshiba shares has been cut in half over the last six weeks, wiping out more than $7 billion in market value.

It appears a huge part of the problem stems from reliance on a pipe supplier. James Bernhard Jr. bought a pipe fabrication business ("Shaw") for $50k in a bankruptcy deal and then used his awesome dealmaking ability to parlay that into becoming Toshiba's plumber. Of course, in the modern world being a great businessman means sucking money down like a frat boy at a keg, and Bernhard went on to sell Shaw for $3.3 billion even while screwing up all the pipes (from TFA linked above):

After Westinghouse hired Shaw to handle construction in 2008, it wasn't long before the company's work came under scrutiny. By early 2012, NRC inspectors found steel in the foundation of one reactor had been installed improperly. A 300-ton reactor vessel nearly fell off a rail car. The wrong welds were used on nuclear modules and had to be redone. Shaw "clearly lacked experience in the nuclear power industry and was not prepared for the rigor and attention to detail required,'' Bill Jacobs, who had been selected as the state's monitor for the project, told the Georgia Public Service Commission in late 2012.

So there you have it. The reason some geeks (me for example) oppose nuclear power has nothing to do with the technology, and absolutely everything to do with the morons who run it. Businessmen being in charge of this technology means it will never achieve its potential and that it will always be dangerous, because by the time something goes wrong, they'll be spending their billions on hookers and blow in some remote private tropical island paradise, far far away from any consequences of any kind.


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  • (Score: 2) by HiThere on Tuesday February 14 2017, @08:17PM

    by HiThere (866) Subscriber Badge on Tuesday February 14 2017, @08:17PM (#467086) Journal

    Toshiba didn't do the work or buy the work, Toshiba hired Westinghouse to do the work, and Westinghouse subcontracted to someone who didn't know or didn't care. Possibly both.

    Once upon a time Westinghouse had a good name, but after this, *I* think that they should need to pay the bills to fix/replace&decommission the reactors...and that they shouldn't be allowed to do the work themselves, as they have demonstrated incompetence.

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  • (Score: 3, Informative) by hemocyanin on Tuesday February 14 2017, @10:29PM

    by hemocyanin (186) on Tuesday February 14 2017, @10:29PM (#467135) Journal

    Actually, Westinghouse is a subsidiary of Toshiba. From TFA:

    The Shaw Group Inc., based in Baton Rouge, looms large in the complex tale of blown deadlines and budgets at four nuclear reactor projects in Georgia and South Carolina overseen by Westinghouse Electric Co., a Toshiba subsidiary.

    • (Score: 2) by HiThere on Wednesday February 15 2017, @01:01AM

      by HiThere (866) Subscriber Badge on Wednesday February 15 2017, @01:01AM (#467178) Journal

      Yeah, I found out that after I'd posted. So it makes a lot of sense that Toshiba should end up holding the bag...but somehow I still wish that the costs could be more directly laid at the foot of Westinghouse. And in particular of their C level executives.

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