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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 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%.
The expansion project to add Units 3 and 4 was first authorized in 2009 and has been hit with multiple delays and cost overruns ever since. Plant Vogtle Unit 4 nuclear reactor reaches 100% power ...
Vogtle Unit 3 entered commercial operation on July 31. ... The project encountered a series of delays that drove up the cost to more than double the $14 billion anticipated when the Georgia PSC ...
The Public Service Commission will allow Plant Vogtle to pass on more than $7.5 billion in costs to build new nuclear reactors to its customers. Georgia Power wins approval to pass on $7.5 billion ...
Construction started in 1981 at an estimated cost of $7.4 Billion 1993-adjusted CAD, and finished in 1993 at a cost of $14.5 billion. 70% of the price increase was due to interest charges incurred due to delays imposed to postpone units 3 and 4, 46% inflation over a 4-year period and other changes in financial policy. [49]
The construction of Plant Vogtle’s Units 3 and 4 has been mired in budget overruns and delayed for years. When it comes online, Plant Vogtle’s Unit 3 will be the first new operating nuclear ...
The initial plan was to bring Unit 3 online in 2016 and Unit 4 the year after. Unit 3 began producing electricity in April. The project has cost more than double the projected $14 billion.