Nuclear, Reactors

Vogtle costs looked into

26 May 2010– The Georgia Public Service Commission is looking into proposed costs for two new nuclear reactors at Georgia Power’s Plant Vogtle nuclear power plant.

The commission will start a hearing May 26 on the estimated $14 billion price tag. If costs exceed allowed ranges, the commission could force the utility to make changes. Southern Co., Georgia Power’s parent company, said the project remains on schedule and under budget.

The commission started the cost-monitoring system after the first reactors at Plant Vogtle ran into major construction delays and costs were far more than expected.

The Nuclear Regulatory Commission still has to approve the new reactors. That decision is expected in 2011.

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