Vogtle Plant

More News and Commentary

On the Blogs: Growing Array of Market Forces Slow U.S. Nuclear Energy Expansion

Washington Post: The two still-to-be-built reactors in Georgia are alone among new nuclear projects under construction in the United States. On Monday, a pair of utilities, private SCANA and state-owned Santee Cooper, canceled construction on a pair of nuclear reactors in South Carolina after years of mounting building costs, stagnant electricity demand and competition from […]

August 7, 2017 Read More →

Vogtle, Kemper, V.C. Summer: ‘Is the Era of the Utility Megaproject Over?’

E&E News: Vogtle. Kemper. V.C. Summer. A decade ago, this trio of sprawling power projects signaled the next wave of cleaner baseload energy that would keep air conditioners and the economy humming in the fast-growing Southeast. Now, all three have become a symbols of broken promises and busted budgets — a narrative capped by Monday’s […]

August 4, 2017 Read More →

Costs for Struggling Vogtle Nuclear Project Top $25 Billion in New Estimate

Atlanta Journal Constitution: The full price of expanding Plant Vogtle has swelled to more than $25 billion and the project has slipped further behind schedule in the wake of a key contractor’s bankruptcy, according to estimates disclosed Wednesday by Southern Company. The Atlanta utility hasn’t made a decision about whether the troubled nuclear expansion should […]

August 3, 2017 Read More →

Doubts in Georgia Over Whether the Only Remaining U.S. Nuclear Energy Project Will See Completion

Bloomberg News: With a multibillion-dollar nuclear project in South Carolina dead, the fate of America’s nuclear renaissance now rests on one utility: Southern Co. Scana Corp. dropped plans for two reactors Monday, leaving the two that Southern is building at the Vogtle plant in Georgia as the only ones under construction in the U.S. And […]

August 2, 2017 Read More →
IEEFA Update: The U.S. Nuclear Project Cancellation Announcement Heard ’Round the World

IEEFA Update: The U.S. Nuclear Project Cancellation Announcement Heard ’Round the World

Reverberations in Decision on V.C. Summer Project; Similar Reactor Construction in Georgia Is at Risk; Implications for India's Ambitions

Hindsight being 20/20, it’s clear that the developers of the V.C. Summer nuclear-energy project in South Carolina had no choice but to pull the plug on the project, as they announced yesterday they had done. Reasonable foresight would have better served ratepayers of South Carolina Electric & Gas Co. as well those of Santee Cooper, […]