SOURCE: Industrial Info Resources

Industrial Info Resources

September 08, 2016 07:30 ET

Georgia Power: New Vogtle Nuclear Units Still Cheaper Than Gas, an Industrial Info News Alert

SUGAR LAND, TX--(Marketwired - Sep 8, 2016) - Written by John Egan for Industrial Info Resources (Sugar Land, Texas) -- The construction of two new units at the Alvin W. Vogtle Nuclear Power Station in Waynesboro, Georgia, is on schedule for a June 2019 in-service date for Unit 3 and June 2020 for Unit 4, according to a semi-annual construction monitoring report provided to the Georgia Public Service Commission (GPSC) (Atlanta, Georgia). The units originally were scheduled to begin operating in 2016 (Unit 3) and 2017 (Unit 4).The total estimated construction and financing cost for the two new 1,117-megawatt (MW) units is about $17.2 billion, up $3.8 billion from the project's original estimated cost when it was certified.

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