Nuclear

Emily Buenzle - Tue August 29, 2017

Georgia Power Weighs Options as Power Plant Construction Costs Skyrocket

Construction at a Georgia nuclear power plant faces an uncertain future as Georgia Power assess the cost of completing the project — and the cost of cancelling it entirely. Westinghouse Electric Co., was the main contractor for Plant Vogtle's two new nuclear reactors, but after the company filed for bankruptcy in March, it gave Georgia Power a $3.68 billion payout to step in, Savannah Now reported....

Tue May 16, 2017

Southern Co. Steps in For Westinghouse Over Ga. Nuclear Project

Georgia Power, a subsidiary of Southern Company, has announced that it is in talks with Westinghouse (Toshiba Corp.) in regards to taking over management of the Vogtle nuclear construction project. This project includes construction of four nuclear reactors as part of an expansion of the power plant....