Workers have begun loading radioactive fuel into a new nuclear reactor in Georgia. The announcement Friday by utilities means the first new nuclear reactor built in decades in the United States is on track to begin generating electricity in coming months.
Georgia Power Co. says it will pay at least $76 million to settle a lawsuit with a co-owner over who will pay for cost overruns at the Vogtle nuclear power plant. The unit of Atlanta-based Southern Co. has settled with the Municipal Electric Authority of Georgia.
Georgia Power’s proposal for a $200 increase to the average household’s yearly electricity costs is set to kick into high gear with a series of public airings before state regulators beginning Tuesday.
Federal regulators say a nuclear power plant being built in Georgia can begin loading radioactive fuel into one of its two new reactors. It's a key step toward generating electricity at the first new nuclear reactor built in decades in the United States.
The owners of a majority share of a nuclear power plant being expanded in Georgia are suing lead owner Georgia Power Co. They claim Georgia Power is trying to bilk them out of nearly $700 million by unilaterally changing a contract.
A nuclear power plant being built in Georgia is now projected to cost its owners more than $30 billion. A financial report from one of the owners on Friday pushed the cost of Plant Vogtle near Augusta to a forecast cost of $30.34 billion.
Allowing Georgia Power to finance the Plant Vogtle nuclear expansion and other large projects through ratepayer-backed bonds could save customers hundreds of millions of dollars, supporters told a state Senate committee Tuesday.
If you feel like you keep reading the same story about the expansion of Plant Vogtle, the only new nuclear power under construction in the U.S., you’re not exactly wrong.
Recently discovered “construction quality” issues mean the first of two new nuclear reactors being built at the plant south of Augusta may not be completed before February 2023.
State regulators will consider signing off Tuesday on a plan marking a significant shift in how cost overruns are handled for Georgia Power’s Plant Vogtle expansion, which is already billions of dollars over budget and years behind schedule.
Plant Vogtle’s first new nuclear reactor may not start producing energy for Georgia consumers until at least next June, which would be a longer delay than Georgia Power predicted just last month.
Georgia energy regulators will decide this fall how much of the costs of building the first of two additional nuclear reactors at Plant Vogtle Georgia Power can recover from customers.
The Georgia Public Service Commission will soon decide whether to sign off on the $670 million in construction costs over the final six months of 2020, a tab that could eventually get passed onto customer’s electric bills.
Hot functional testing has begun on the first of the new reactors, Unit 3, at the plant south of Augusta. That’s the final series of major tests the reactor must pass prior to initial fuel load.
Georgia Power is putting off some of this year’s milestones in the construction schedule for the nuclear expansion at Plant Vogtle, citing the COVID-19 pandemic.
