Georgia Power
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Legal & Regulatory
Oglethorpe Agrees to Continue Vogtle Nuclear Project with Conditions; Final Vote Still to Come
Owners of the beleaguered Plant Vogtle nuclear expansion project have voted—at least for now—to continue construction of two new AP1000 reactors at the site near Waynesboro, Georgia. Directors of the Municipal Electric Authority of Georgia (MEAG Power) and Oglethorpe Power on September 24 each agreed the oft-delayed and increasingly over-budget project should move forward, although […]
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History
How the Vogtle Nuclear Expansion’s Costs Escalated
The project to expand the two-unit Plant Vogtle nuclear power station in Georgia with two new AP1000 reactors has suffered debilitating delays and mounting costs. The project is owned by four partners: Southern Co. subsidiary Georgia Power (45.7%), Oglethorpe Power Corp. (OPC, 30%), Municipal Electric Authority of Georgia (MEAG Power, 22.7%), and Dalton Utilities (1.6%). Units […]
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Nuclear
Vogtle’s Escalating Costs Concern Lawmakers, Stakeholders
The Vogtle nuclear expansion’s “ever-escalating” cost is concerning several members of Georgia’s General Assembly, according to a letter sent to partners building the much-delayed project. Twenty lawmakers from both houses of state government—19 Republicans and one Democrat—sent a letter to the board of directors at Georgia Power Co., Oglethorpe Power Co. (OPC), and Municipal Electric […]
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Nuclear
Fate of Vogtle Nuclear Expansion Hinges on Minority Owners
On August 8, Georgia Power announced that its revised capital and construction cost forecast for its share of the Plant Vogtle expansion project had increased from $7.3 billion to $8.4 billion, based on a revised cost-to-complete estimate from Southern Nuclear. The news was softened somewhat by Georgia Power’s declaration that significant construction progress had been […]
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Nuclear
World’s First AP1000 Nuclear Reactor Reaches Full Power
The world’s first AP1000 nuclear reactor—Sanmen 1 in China’s Zhejiang province—commenced 100% power operation for the first time on August 11, China National Nuclear Corp. (CNNC) said. Sanmen 1 was connected to the grid on June 30. Earlier this year, China also put online Unit 5 of the Yangjiang Nuclear Plant on May 23, and Taishan 1, an EPR, on […]
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Nuclear
Nuclear Construction Update: New Progress Made in Russia, UAE, and U.S.
Several milestones have been reached at nuclear power plant construction sites around the world including on the Leningrad II-2, Novovoronezh II-2, Barakah, and Plant Vogtle projects. Russian Progress At the Leningrad site, Rosatom—the Russian state atomic energy corporation—reported on August 7 that the main turbine equipment installation for Phase II Unit 2 was completed. The […]
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Legal & Regulatory
An 865-MW Georgia Power Coal Plant Is Showing Distress
The future of Georgia Power’s 865-MW coal-fired Plant Hammond in Floyd County, Georgia—which recently slashed more than half its workforce—is murky, company officials said August 3. The four-unit facility that began operations in 1954 employed 190 workers in September 2016. Today, according to company officials, the plant only has 41 full-time employees. Georgia Power Regional […]
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Renewables
Power Mix Comes Down to Cost
It’s not a secret that the North American power mix is changing. Renewable energy and natural gas are picking up market share while coal-fired generation shrinks and nuclear power remains stagnant at best
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Press Releases
306-ton Unit 4 Reactor Vessel placed at Vogtle nuclear expansion
Latest VCM Report illustrates continued progress, improved productivity and lower projected rate impact for customers ATLANTA, March 29, 2018 /PRNewswire/ — Georgia Power announced today the placement of the nuclear reactor vessel inside Unit 4 containment at the Vogtle nuclear expansion project near Waynesboro, Georgia. Standing 35 feet tall, the reactor vessel functions as a heat […]
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Nuclear
Vogtle Improves Safety and Productivity Following Westinghouse Bankruptcy
According to Georgia Power’s Eighteenth Semi-annual Vogtle Construction Monitoring Report (VCM) released on February 28, more than 12 million man-hours have been worked without a lost-time injury at the Vogtle expansion project since Westinghouse filed for bankruptcy on March 29, 2017. Additionally, the company said productivity has improved since Southern Nuclear Operating Company assumed overall […]
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Renewables
Largest Solar Plant in Southeast Will Be Built in Georgia
A 200-MW solar power plant is being planned at a 2,000-acre site near Warner Robins, Georgia, a project that at present would be the largest standalone solar facility in the U.S. Southeast. First Solar, a Tempe, Arizona-based global provider of photovoltaic (PV) systems, announced the project on February 21. The plant already has a power […]
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Legal & Regulatory
Nuclear Power, Carbon Capture Winners in New Budget Deal
The budget bill passed by Congress and signed by President Trump in the early hours of February 9 extends a host of tax credits for energy technologies, including provisions to help the Vogtle nuclear expansion in Georgia as well as U.S. carbon-capture projects. The legislation also provides support for renewable energy, including for small wind […]
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Legal & Regulatory
Georgia PSC Chair: We Wanted Vogtle to Go Forward
Georgia Public Service Commission (PSC) Chairman Stan Wise said his agency was “not going to make a decision to discontinue” construction of two new nuclear reactors at Plant Vogtle, instead putting the decision squarely in the hands of Southern Co. and Georgia Power at the PSC’s December 21 meeting to determine the fate of the […]
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Legal & Regulatory
State PSC Puts Vogtle Future in Georgia Power’s Hands
State regulators in Georgia have voted not to cancel the troubled nuclear expansion project at the Vogtle Electric Generating Plant near Waynesboro, Georgia, and lead owner Georgia Power has agreed to a set of conditions that the utility must meet in order to continue the project. Georgia Power is one of four utilities with a […]
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Legal & Regulatory
Georgia PSC Will Decide Vogtle’s Fate on December 21
The Georgia Public Service Commission on December 11 said it will decide December 21 whether to allow construction of two new nuclear reactors at the Plant Vogtle site to move forward, or call for the project to be canceled. Commissioners voted Monday to move up the timetable for a decision on the troubled nuclear project […]
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Nuclear
Vogtle Hearings Underway; Tax Law Change Could Speed Resolution
Hearings on the future of the Vogtle nuclear expansion project are underway in Atlanta, Georgia, and events of the past few days could impact how quickly the Georgia Public Service Commission (PSC) and Georgia Power reach a decision on whether construction of two new nuclear reactors continues or is halted. This week’s hearings, which are […]
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Legal & Regulatory
Toshiba Will Make Remaining Vogtle Payments by mid-December
Toshiba Corp. has agreed to accelerate its payments to Georgia Power to help the utility finance completion of the troubled Plant Vogtle nuclear expansion. The deal announced December 5 comes four days after a recommendation from state regulators that the project be abandoned if Georgia Power cannot make it financially viable, and also to lessen […]
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Legal & Regulatory
Georgia Regulators: Change Vogtle Economics or Cancel Project
A new analysis by staff at Georgia’s Public Service Commission (PSC) says continuing construction of two AP1000 reactors at the Plant Vogtle nuclear facility near Waynesboro, Georgia, is not economic, and the group says that unless Georgia Power agrees to modify its conditions for completing the project to ensure it will be financially viable, the […]
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Legal & Regulatory
DOE Offers Another $3.7 Billion in Loan Guarantees for Vogtle Project
Energy Secretary Rick Perry said in a statement that the “future of nuclear energy in the United States is bright” as his agency on September 29 announced another $3.7 billion in loan guarantees for continued construction of two new nuclear reactors at Plant Vogtle in Georgia. The Department of Energy (DOE) has guaranteed another $1.67 […]
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Legal & Regulatory
Westinghouse Asks Court to Stop Cancellation of Vogtle Contract
Westinghouse Electric has asked a New York bankruptcy court to stop Georgia Power from terminating Westinghouse’s contract to continue construction of two new nuclear reactors at Plant Vogtle near Waynesboro, Georgia. Westinghouse filed for bankruptcy earlier this year, in large part due to massive cost overruns from the Vogtle project and the V.C. Summer nuclear […]
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Nuclear
Decision on Vogtle Project May Come in February 2018
State regulators in Georgia could decide the future of the troubled Vogtle nuclear expansion project in February 2018, and have scheduled a series of hearings in December of this year to discuss spending for continued construction of two new units at the plant near Waynesboro, Georgia. The Georgia Public Service Commission (PSC) on September 19 […]
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Nuclear
Bechtel In, Fluor Out as Vogtle Construction Continues
Georgia Power’s plan to continue construction of its Vogtle nuclear expansion project comes with changes among the contractors, with Bechtel taking over the lead and Fluor Corp., which has long served as a subcontractor, on its way out. Both companies bid to take over construction after Westinghouse Electric, the designer and principal contractor for the […]
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Nuclear
Vogtle Partners Will Proceed with Beleaguered Nuclear Expansion Project
A partnership of companies seeking to build twin AP1000 reactors as part of the Vogtle nuclear expansion in Georgia will seek to complete the project, even as costs could surge well beyond $20 billion. Southern Co. subsidiary Georgia Power on August 31 said the Vogtle project owners—Georgia Power, Oglethorpe Power, Municipal Electric Authority of Georgia […]
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Power
Georgia PSC Signals Support For Continuing Vogtle Expansion
In two actions on August 15, the Georgia Public Service Commission (PSC) signaled its support for the Vogtle nuclear expansion project, provided it can be done economically, Georgia Power must show revised cost and schedule estimates to finish the costly Vogtle nuclear expansion as well as indicate whether it intends to finish the much-delayed construction […]
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Power
SCANA Reverses Move to Abandon V.C. Summer Nuclear Project
SCANA Corp. is withdrawing a petition submitted to regulators seeking to abandon the construction of Units 2 and 3 at the V.C. Summer Nuclear Station in South Carolina. The company’s subsidiary South Carolina Electric and Gas (SCE&G) said on August 15 that it will voluntarily withdraw its abandonment petition filed just two weeks ago with […]
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Legal & Regulatory
Cost to Complete Vogtle AP1000 Nuclear Units Could Balloon to $20B
Costs to build the two Vogtle AP1000 units under construction in Georgia could range between $18.3 billion and $19.8 billion—and for now, Southern Co. is pinning its hopes to complete the project on approval from the Georgia Public Service Commission (PSC). Southern Co. CEO Tom Fanning told investors in a second-quarter earnings call on August […]
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Nuclear
Toshiba Will Pay $2.2 Billion to Exit Summer Nuclear Project
SCANA Corp. and state-owned utility Santee Cooper on July 27 said Toshiba has agreed to pay nearly $2.2 billion to cap its liabilities from the unfinished V.C. Summer nuclear project in South Carolina. Toshiba subsidiary Westinghouse, which was building two nuclear units at the Summer site along with the troubled Vogtle nuclear project in Georgia, […]
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Nuclear
DOE Approves Service Agreement Between Westinghouse and Georgia Power on Vogtle Expansion—With Conditions
The Department of Energy (DOE) has approved a new service agreement finalized by Westinghouse and Georgia Power for the Vogtle AP1000 units under construction in Georgia, though the agency reached a separate deal with Georgia Power on a loan guarantee agreement that will require the Southern Co. company to provide it with a solid cost […]
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Legal & Regulatory
Cost Overruns at Vogtle Expected to Soar
Georgia Power officials say the utility continues to work with its partners in the troubled Vogtle nuclear plant to firm up construction timelines and determine the costs to complete two new units at the facility. At the same time, a group opposed to the project and two long-time project consultants say ballooning costs should put […]
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Legal & Regulatory
Toshiba Agrees to $3.68 Billion Deal to Aid Vogtle Nuclear Construction
A nuclear plant construction project in Georgia that is years behind schedule and billions of dollars over budget has been given a lifeline that at least temporarily eases concerns about its future. Toshiba, the parent company of Westinghouse, and Southern Company subsidiary Georgia Power, majority owner of Plant Vogtle near Augusta, on June 9 reached […]