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Southern Company says – no more nuclear projects after the costly Vogtle project in Georgia

Georgia Power’s parent: After Vogtle, no new nuclear until maybe 2040, AJC, 3 May 19, Georgia Power’s parent company is the only utility constructing nuclear power reactors in the United States, and it doesn’t plan to do it again anytime soon.

It probably will be in the 2030s or 2040s before Atlanta-based Southern Company attempts another nuclear construction project, Southern CEO Tom Fanning told analysts Wednesday. ……. on Wednesday, Fanning told analysts that his administration won’t embark on more nuclear. …..

Liz Coyle, the executive director of Georgia Watch, a consumer advocacy group that has long warned about the Vogtle’s ballooning costs, questions whether ratepayers should fund another nuclear project incorporating new reactor designs.

“What we don’t want to see is Georgia once again being made the guinea pig … for unproven technologies that end up taking much longer to build and at a significantly higher cost than other forms of generation,” she said……… https://www.ajc.com/business/georgia-power-parent-after-vogtle-new-nuclear-until-maybe-2040/ADjetBmiCnISHQIOP10uvJ/

May 4, 2019 - Posted by Christina Macpherson | business and costs, USA

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