Georgia Power Says Plant Vogtle Costs Are Prudent; Plans More Nuclear

Georgia Power Says Plant Vogtle Costs Are Prudent, Plans More Nuclear

Georgia Power outlined construction activities and investments in the Plant Vogtle nuclear expansion project in a filing with the Georgia Public Service Commission.

The filing includes reports from several industry experts on topics ranging from construction and project management to legal standards and regulatory compliance. The report says that the costs for the expansion have bene prudently invested, and that the current cost and schedule forecast are reasonable. The filing also said a settlement reached in January with contractors Westinghouse and Chicago Bridge & Iron (CB&I) was in the best interest of the company.

Based on contractual milestones, construction of the two Westinghouse AP1000 reactors is more than 60 percent complete. It is the state’s largest job-producing construction project with more than 5,000 workers onsite and 800 permanent jobs once the units begin operation in 2019 and 2020.

“The Plant Vogtle expansion is the most important infrastructure project currently underway in Georgia and will ensure that our state has clean, safe, affordable and reliable electric energy for decades into the future,” said Paul Bowers, chairman, president and CEO of Georgia Power. “We are committed to managing this important project well and every dollar we have invested has been necessary to complete the new units safely and correctly to best serve our customers.”

Georgia Power also said in its Integrated Resource Plan that the utility was considering building another nuclear plant in the state, but commissioners said any decision made would be to study the plan and not an approval or denial to build.

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