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More costs, another long delay for new nuclear facility in Georgia, USA

nuclear-costs1Flag-USABuilder Projects 18-Month Delay for Nuclear Plant in Georgia, abc news, ATLANTA — Jan 30, 2015, 

By RAY HENRY Associated Press   Southern Co. said the firms building its new nuclear power plant in Georgia estimate the project will be delayed 18 months, potentially costing the power company $720 million in new charges, company officials said Thursday.

The latest delay at Plant Vogtle is another setback for a project that was supposed to prove nuclear reactors could be built on time and without the cost overruns that financially strained utilities decades ago. Power companies are already shuttering existing nuclear plants because natural gas is so cheap by comparison…….http://abcnews.go.com/Business/wireStory/builder-projects-18-month-delay-nuclear-plant-georgia-28594816

January 31, 2015 - Posted by | business and costs, USA

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