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Costs of Vogtle nuclear expansion just keep going up, Coronavirus making this worse

Costs of nuclear expansion at Georgia power plant spiking, Sun Herald, THE ASSOCIATED PRESS, AUGUST 01, 2020 ATLANTA

The costs of expanding Georgia Power’s nuclear plant are growing, and at least part of the price hike is tied to the coronavirus outbreak and the rising number of workers diagnosed with the COVID-19 disease.

Southern Company, the Atlanta-based parent company for Georgia Power, forecasts it will cost $149 million more than previous projections for its share of expanding Plant Vogtle, which was already billions of dollars over its original budget and years behind schedule.

The Atlanta Journal-Constitution reports the company said Georgia Power could eventually ask state regulators to charge customers for the latest price tag increase.

Southern Company said the pandemic continues to affect work at Vogtle……. https://www.sunherald.com/news/business/article244660932.html

August 2, 2020 - Posted by | general

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