Georgia Power's Plant Vogtle faces more delays and cost overruns
Georgia Power has again delayed the projected startup for two new units at its Vogtle nuclear power plant near Augusta. The company also says that its share of the costs will rise by an additional $200 million.
Georgia Power says Unit 3 could now begin commercial operation in May or June, pushing back from the most recent deadline of the end of April. The company also now says Unit 4 will begin commercial operation sometime between this November and March 2024.
The cost was disclosed in Georgia Power’s latest earnings statement that revealed the company wrote off the $200 million in additional costs.