Vogtle
-
Nuclear
Court Dismisses Westinghouse Claim for $2B Recovery from CB&I
More grim news emerged for financially strapped Westinghouse after the Delaware Supreme Court reversed a chancery court decision that the company was counting on to recoup $2 billion from an acquisition dispute with Chicago Bridge & Iron (CB&I). The court rejected Westinghouse’s contention of CB&I’s calculations of its final purchase price—even though it paid […]
-
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 […]
-
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 […]
-
Nuclear
Chinese Reactor Is Ahead of Schedule as U.S. Nuclear Projects Flounder
China National Nuclear Corp. (CNNC) completed the dome lift at Fuqing Unit 5—the world’s first power plant being constructed utilizing the HPR 1000 (also known as the Hualong One) reactor design—15 days ahead of schedule on May 25. The feat was no small accomplishment. The dome weighs about 340 metric tons and has a diameter […]
-
Nuclear
Southern Company Could Delay Plant Vogtle Decision Until Late Summer
CEO Tom Fanning told Southern Co.’s shareholders attending the company’s annual meeting on May 24 that a decision on how to proceed with the Plant Vogtle nuclear expansion could take several more months. The Vogtle expansion—one of two new nuclear construction projects underway in the U.S. utilizing Westinghouse’s AP1000 technology—has been in limbo, albeit still in […]
-
News
Georgia Power, Southern Nuclear to Take Over Plant Vogtle Work
As the dust from Westinghouse’s recent bankruptcy filing begins to settle, Georgia Power has reached a deal to take over work at its Plant Vogtle nuclear expansion project when the current engineering, procurement, and construction contract on the project ends. The announcement of the intended transfer of management duties came May 12, as an interim […]
-
Nuclear
Vogtle, V.C. Summer Project Owners Buy More Time to Mull Fate of Nuclear Units
The owners of the Vogtle and V.C. Summer nuclear expansions separately secured a few more weeks to allow work to continue onsite at each project while they decide how to proceed with the half-built AP1000 reactors after Westinghouse’s financial debacle. In Georgia, owners of the project to expand Plant Vogtle extended an interim assessment agreement […]
-
Commentary
Can the U.S. Nuclear Power Industry Survive?
The recent announcement by Westinghouse Electric Co. that it had filed for bankruptcy sent a shockwave through the nuclear power industry. It wasn’t a secret that the company was struggling financially as a
-
Nuclear
How Westinghouse, Symbol of U.S. Nuclear Power, Collapsed
Crippled by financial setbacks stemming from the half-built AP1000 reactor projects in Georgia and South Carolina, Westinghouse Electric Co., a company with a storied legacy symbolic of American nuclear power, has taken the desperate step of filing for bankruptcy protection. While owners of the two nuclear construction projects are monitoring the situation, the development could […]
-
Nuclear
New Construction Milestones for AP1000 Units
Construction of four AP1000 units—the first new nuclear reactors in the U.S. in decades—is moving along at Vogtle 3 and 4 in Georgia and at the V.C. Summer nuclear power plant in South Carolina. In January, Westinghouse, which is spearheading construction of the units, marked a key milestone as it placed the first steam generator […]
-
Nuclear
Reactor Vessel Placed Inside Vogtle Unit 3
The first nuclear reactor vessel at the Plant Vogtle expansion near Augusta, Ga., has been placed inside Unit 3, marking another major milestone for the much-watched project. Construction contractors Westinghouse and Fluor Corp. lifted the 306-ton reactor vessel into its permanent location inside the AP1000 unit’s nuclear island on November 23. The vessel, fabricated by […]
-
Press Releases
2 million-pound CA20 module safely lifted into Vogtle Unit 4 nuclear island
Heaviest “lift” of 2016 placed at Georgia nuclear expansion ATLANTA, Aug. 22, 2016 /PRNewswire/ — Georgia Power announced today the completion of another major milestone in the construction of Plant Vogtle Units 3 and 4 near Waynesboro, Ga. On Saturday, the project team successfully placed the CA20 module into the Unit 4 nuclear island. Weighing […]
-
Nuclear
Georgia Commission Backs New Nuke
A divided Georgia Public Service Commission (PSC) Thursday approved Georgia Power Co.’s plans to investigate a new nuclear power project in Stewart County, with a time frame around 2030. Approval came in a 4–1 vote, with Commissioner Lauren “Bubba” McDonald in opposition. The vote represented a bit of a compromise. The Atlanta-based Southern Co. subsidiary, […]
-
Nuclear
U.S. Nuclear Power Plant Closures [Slideshow]
According to the U.S. Energy Information Administration, nuclear power has accounted for about 20% of electricity generated in the U.S. each year since 1990. In fact, the U.S. nuclear fleet out produced France—the country with the next highest nuclear generation—by more than two to one in 2012. Russia was a distant third, generating less than […]
-
Nuclear
Vogtle Nuclear Construction Marks More Milestones
The last of six gigantic modules in the nuclear island for Unit 3 at the Vogtle AP1000 reactors under construction near Augusta, Ga., have been placed. The CA02 and CA03 modules, weighing 52 tons and 237 tons respectively, are critical components and part of the In-Containment Refueling Water Storage Tank (IRWST), Georgia Power said on […]
-
Press Releases
New Vogtle timeline video showcases first-quarter progress at nuclear expansion
Georgia Power has released the latest timeline video from the Plant Vogtle nuclear expansion showcasing construction progress in the first quarter of 2016. Now more than 60 percent complete based on contractual milestones, progress is visible every day. The Vogtle project is the state’s largest job-producing construction project with more than 5,000 construction workers onsite and […]
-
Legal & Regulatory
Vogtle Expansion Owners, Contractors, Settle All Claims
Georgia Power (GP) announced on Jan. 4 that the owners of the expansion project at the Vogtle nuclear power plant (GP, Oglethorpe Power Corp., the Municipal Electric Authority of Georgia, and Dalton Utilities) have settled all pending litigation with the original project contractors, Westinghouse and CB&I. According to GP, the settlement resolves “all claims currently […]
-
Nuclear
CB&I Out, Fluor In at Vogtle and V.C. Summer Nuclear Power Plant Construction Projects
There has been a major shake up in the contractors involved in both of the new AP1000 nuclear power plant projects under construction in the U.S. Westinghouse Electric Co. LLC, a group company of Toshiba Corp., announced on Oct. 27 that it signed a definitive agreement to acquire CB&I Stone & Webster Inc., the nuclear […]
-
Nuclear
DOE Issues Remaining $1.8B in Loan Guarantees for Vogtle Nuclear Reactors
The last of three conditional commitments offered by the Department of Energy (DOE) to the coalition building two nuclear reactors at Plant Vogtle in Georgia was finalized on June 24, allowing the project to be fully financed. Since it conditionally offered $8.33 billion in loan guarantees in 2010, the DOE has issued $6.5 billion in guarantees […]
-
Legal & Regulatory
Vogtle Nuclear Plant Unveils Its New FLEX Dome
Southern Co. announced on June 16 that construction has been completed on a new FLEX dome—a structure built to house emergency equipment needed to respond to an extreme external event—at its Vogtle nuclear plant. The Nuclear Regulatory Commission (NRC) is requiring U.S. nuclear plants to build protected structures like the FLEX dome in response to […]
-
Nuclear
Delays and More Costs for Plant Vogtle Nuclear Expansion
In-service dates for two nuclear units under construction at Plant Vogtle in Georgia have been moved out to December 2017 and December 2018, and the total project cost is now estimated at $6.76 billion—$650 million more than the certified cost—staff from Georgia Public Service Commission (PSC) reported this week. Steven Roetger and GDS Associates consultant […]
-
Nuclear
Report Compares and Contrasts Owners of New Nuclear Plants
A report released this week by Moody’s Investors Service provides an interesting analysis of two companies knee-deep in nuclear plant construction projects. The peer comparison takes a look at Georgia Power Co.—a Southern Co. subsidiary—and South Carolina Electric & Gas Co. (SCE&G)—a SCANA Corp. subsidiary. Georgia Power is adding two new units to its Alvin […]