Analyst would scrap Vogtle if he could do it over

Analyst would scrap Plant Vogtle if he can do it over Georgia regulators

A financial analyst for a Georgia state regulator said in written testimony that, if given the opportunity to start from the beginning, the new nuclear reactors at Plant Vogtle would not be worth building, the Associated Press reports.

The analyst added that it is nonetheless most financially sensible to finish the project rather than abandon its sunk costs and build a natural gas plant.

The comments put in stark reality how dramatically the national energy picture has changed in the past five years, as the plummeting price of natural gas has transformed the economics of building a nuclear plant.

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