Monthly Archives: May 2017

GEORGIA: Sinking into the Vogtle Vortex

The expansion of a Georgia nuclear power plant that fired up dreams for a carbon-free nuclear renaissance in the U.S. has turned into a quagmire of setbacks, financial woes, uncertainty and frustration.
Protest_smby Pam Wright
5/23/17: Cornelia Stumpf has had enough.

The Savannah resident joins more than 2 million other Georgia Power customers who collectively pay a reported $23 million a month for the construction of two new and highly controversial nuclear reactors that may never produce a single kilowatt of energy.

The new reactors at the Alvin W. Vogtle Electric Generating Plant, 30 minutes south of Augusta, were the first approved in the U.S. in 30 years, and they were expected to revive the nation’s nuclear power industry, ushering in an era of carbon-free energy to help control climate change. But the expansion at Plant Vogtle has become an expensive boondoggle for the company and its customers.

“What is upsetting to me is, in the end, I’m just one person and it’s added up to $700 in the six years since they began charging it,” says Stumpf, a conscientious consumer of energy who is speaking from her office on a 90-degree afternoon in May with the air conditioner off.

Georgia Power, a subsidiary of the Southern Company, implemented the 7 percent surcharge in 2011 after lawmakers gave the utility permission to charge customers for the construction of the project. The charge appears on consumer’s bill as “Nuclear Construction Cost Recovery.” So far Georgia Power has reportedly collected nearly $2 billion from the surcharge.

Read the whole article: The Weather Channel

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Georgia Power profits off Plant Vogtle construction despite cost overruns, delays, and contractor bankruptcy

Vogtle_construction17by Anne Maxwell
WAYNESBORO, Ga. 5/8/17: The construction of two nuclear reactors at Plant Vogtle is years behind schedule and billions over budget. Last month, the contractor, Westinghouse Electric, filed for Chapter 11 bankruptcy protection.

Plant Vogtle employees hundreds of people in Burke County and the temporary contract with Westinghouse expires Friday, which means the project’s future after that is up in the air.

An attorney for Georgia Power, which is one of the main owners of Plant Vogtle, has said all options are on the table. They could totally shut down the project, or build only one of the two reactors they are currently constructing. There has also been talk of converting it to a natural gas plant, but it is not clear whether that would be economical. Or they could continue building despite even higher costs.

But no matter what happens, Georgia Power is still going to make a profit.

Read the whole story and see video: ABC News Channel 6 wjbf.com

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