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In 2023, costs had increased to $34 billion, with work still to be completed on Vogtle 4. [3] Unit 3 began commercial operations on July 31, 2023, becoming the first new nuclear reactor in the United States in 7 years. [11] Unit 4 entered commercial operation on April 29, 2024. [17]
The cost of two nuclear reactors being built in Georgia is now $28.5 billion, more than twice the original price tag. 'Outrageous' price tag: Plant Vogtle cost doubles to $28.5 billion as other ...
Southern Company's (SO) nuclear expansion of Vogtle Unit 3 could cost an additional $2 billion as it faces an unexpected array of quality issues, which might affect the overall project delivery time.
The Vogtle owners include Georgia Power (45.7%), Oglethorpe Power Corp (30%), Municipal Electric Authority of Georgia (22.7%) and Dalton Utilities (1.6%). Southern Co trims cost estimate for ...
The total cost of the plant was about $1.57 billion. ... Unit 1 began commercial operation in December 1975. ... Vogtle units 3 and 4 were delayed delayed by a year ...
Unit 3 is expected to go online sometime in 2023 and Unit 4 sometime in 2024. Oglethorpe Power owns a 30% share of Plant Vogtle, MEAG Power has a 22.7% stake and Georgia Power owns 45.7%.
About 720,000 electric ratepayers would have to pay another $2.3 billion of sunk project costs into the future, on top of the about $2 billion past higher power bills. [70] On March 6, 2023, Vogtle Unit 3 in Burke County, Georgia reached criticality for the first time, and it began commercial power generation on July 31, 2023.
We just saw it in the past year or so in Georgia, we saw Vogtle Unit 3 and 4 come online. These are the first big large scale reactors built in the US in a number of decades.