Tag Archives: MEAG

Georgia Power’s nuclear tower teeters; EMCs ‘concerned’

Vogtle_ajc_8-17by Matt Kempner
8/6/17 ATLANTA: Our bumbling aspiration in Georgia to build more nuclear power is looking suspiciously like that wooden block game, Jenga.
You know, the one where you take turns pulling out a block at a time, hoping not to topple the teetering tower.

How many pieces can be pulled out before Georgia Power’s nuclear expansion at Plant Vogtle metaphorically collapses and takes with it billions of dollars in consumer money?

The few remaining blocks left at the project’s base look shaky to me. (Well, except maybe Georgia Power’s eagerness to continue with a project the state ensures will be delightfully profitable for the power company even though Vogtle is billions of dollars over budget and years behind on completion.)

Small community power systems across the state may be the next blocks to be yanked out of the last nuclear plant still under construction in the U.S.

If you happen to notice what just happened across the border in South Carolina, you’ll know what I’m talking about.

Read the whole article: Atlanta Journal-Constitution

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MEAG creating three subsidiaries for Vogtle funding

Vogtle_1-14by Ray Lightner
GRIFFIN 2/8/14 — The Municipal Electric Authority of Georgia (MEAG) is asking the Nuclear Regulatory Commission to allow it to create up to three wholly owned subsidiaries to help MEAG fund the expansion of the Vogtle nuclear power plant.

The expansion, adding reactors 3 and 4, has already been approved, with MEAG as one of the licensed co-owners, along with Southern Nuclear Operating Company, Georgia Power Company, Oglethorpe Power Corporation and the City of Dalton. MEAG owns 22.7 percent, Oglethorp Power owns 30 percent, City of Dalton owns 1.6 percent and Georgia Power owns the rest.

Southern Nuclear Operating Company operates Vogtle and is making the request, which would allow MEAG to create the three subsidiaries, dividing up MEAG’s 22.7 percent share of the electricity generated by the two new reactors.

Read the whole article: Griffin Daily News

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