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Plant Vogtle nuclear expansion still on schedule

The planned nuclear expansion at Georgia Power Co.’s Plant Vogtle remains on the revised completion timetable the Atlanta-based utility set six months ago, the company reported Friday.

In its 13th semi-annual construction update since the Georgia Public Service Commission (PSC) approved the $15 billion project in 2009, Georgia Power reported spending $148 million at the site south of Augusta, Ga., during the first six months of this year.

“We’ve made a lot of great progress,” said Buzz Miller, the utility’s executive vice president of nuclear development. “It’s turning into two power plants.”

Last February, Georgia Power notified the PSC the project schedule had slipped by 39 months from the original timetable set six years ago. Under the revised schedule, the first of two new nuclear reactors at Plant Vogtle will be finished in June 2019, with the second to follow a year later.

Georgia Power’s share of the $11 billion in construction costs for the project calls for an investment of just more than $5 billion. The remainder is being picked up by Georgia Power’s partners: Oglethorpe Power Corp., the Municipal Electric Authority of Georgia and Dalton Utilities.

Read full story at Atlanta Business Chronicle