A congressional study expected to be released later this month shows that two nuclear power plants in Georgia were issued 166 safety violations between 2000 and 2012. On a national level, the number of safety violations that were issued at nuclear power plants varied dramatically from region to region. The report suggests that the regional disparities could be linked to inconsistent enforcement of regulations.
The debate over the rising cost of building a new nuclear power plant in eastern Georgia would be deferred several years under a deal that Georgia regulators will consider Tuesday. The members of the Public Service Commission decided Thursday to consider the preliminary agreement between agency regulators and Southern Co. subsidiary Georgia Power at the PSC's meeting next week.
A state financial analyst says Georgia wouldn't build a nuclear power plant if it were starting from scratch. The analyst working for state regulators, Philip Hayet, said in written testimony that the total costs of building two more nuclear reactors at Plant Vogtle is more expensive than the next-best option, constructing natural gas plants.
A nuclear engineer and a financial analyst are expected to testify before the Public Service Commission on Tuesday about the cost of building two more nuclear reactors at Plant Vogtle, southeast of Augusta.
A report filed Friday suggests it's highly unlikely the staff at the Public Service Commission will attempt to block any of Georgia Power's spending on two new reactors at Plant Vogtle until after the utility resolves a $930 million business dispute with its partners.
The president of Southern Co. says the utility is no longer seeking to raise the construction budget for a nuclear plant in eastern Georgia. CEO Thomas Fanning told analysts Wednesday that the Atlanta-based company reached a preliminary deal with Georgia officials.
The Southern Co. is taking an additional $450 million in losses on an over-budget coal-fired power plant in Mississippi. Southern Co. previously took a $540 million loss on the plant. Georgia utility regulators are watching the company’s approach to overruns at the Mississippi plant as they consider excess costs at Plant Vogtle near Augusta.