Michele Kearney's Nuclear Wire

Major Energy and Environmental News and Commentary affecting the Nuclear Industry.

Tuesday, August 21, 2018

Jacksonville Utility wants out of Plant Vogtle purchase agreement

Jacksonville Utility wants out of Plant Vogtle purchase agreement: A new twist is developing in the ongoing saga of building two new nuclear reactors at Plant Vogtle.

Earlier this year, Georgia Power took over the construction of the project after the lead contractor went bankrupt. About two weeks ago, Georgia Power announced that its project costs had increased $1.1 Billion.  (That represents a total of 45.7 percent of the entire project cost as Georgia Power has several other partners who hold smaller shares of the project.)

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