Vogtle

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 […]

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 […]

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 […]

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 […]

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 […]

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 […]

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 […]

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 […]

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, […]

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 […]