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Vogtle nuclear power station in Georgia, only half completed, and 7 years behind schedule

Saporta Report 24th May 2018, A new report on the construction status of the Vogtle nuclear plant,
released Wednesday by Moody’s Investors Service, provides greater detail
than a May 10 statement released by Georgia Power and cites a number of
risks that could further delay the plant’s opening date. Moody’s report
addresses a list of frequently asked questions about the Vogtle project as
it relates to MEAG, the Municipal Electric Authority. MEAG is a partner in
the Vogtle project, along with Georgia Power, Oglethorpe Power Corp., and
the City of Dalton Combined Utility. The first sentence of Moody’s report
observes: “Construction is progressing on the Vogtle Nuclear Units 3 and
4 in Georgia, offering additional credit stability to the owners of the
units, though the work is still only around 50 percent completed and is
several years behind the original schedule.”


May 28, 2018 - Posted by | business and costs, USA

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