A utility says a first-of-its-kind nuclear plant under construction in eastern Georgia will go over budget. Atlanta-based Southern Co. said Thursday that finishing Plant Vogtle will now cost an estimated $6.85 billion, up from $6.11 billion.
State regulators have approved Georgia Power's costs so far to build two nuclear reactors at Plant Vogtle in Waynesboro. The Georgia Public Service Commission gave the approval at a meeting Tuesday, but also asked for new projections for when the work will be finished.
State regulators have approved Georgia Power's costs so far to build two nuclear reactors at Plant Vogtle in Waynesboro. The Atlanta Journal-Constitution reports that the Georgia Public Service Commission gave the approval at a meeting Tuesday.
A state lawmaker wants to prevent Georgia Power from reaping profits on cost overruns at Plant Vogtle. Rep. Jeff Chapman will file a bill Thursday that would bar the utility from making money on anything other than the certified cost of the nuclear power plant it’s building in eastern Georgia.
Nuclear power opponents are alleging Solyndra-style problems in the $8 billion federal loan guarantee for Georgia's Vogtle nuclear reactor project. The Southern Alliance for Clean Energy says high-level political appointees have interfered with key decisions in the delayed and over-budget nuclear plant. The alliance says the project received favorable loan terms that are out-of-sync with the present market.
A 300 ton container vessel for a new nucelear reactor at Plant Vogtle is still sitting at the Port of Savannah -- a month after workers tried unsuccessfully to move it by rail. A spokesman for Southern Company, building the nuclear plant, says when the train left the port on December 15th, the vessel's rail platform shifted. Public information on the incident is scant.
A study has found that Plant Vogtle's emergency evacuation plan for people within 10 miles of the nuclear site is adequate. But the study says traffic control points and better highway infrastructure would improve it.
Cost overruns and safety concerns at Georgia’s nuclear expansion project were the topic Tuesday at Georgia’s Public Service Commission. An independent auditor told utility regulators Plant Vogtle construction will be delayed at least 15 months and go millions of dollars over budget.