Georgia Power’s parent company announced that the Plant Vogtle nuclear expansion project has hit another roadblock, delaying completion of the final reactor into 2023. Vogtle’s expenses ballooned to $30 billion after it was originally projected to cost $14 billion.
AUGUSTA — Further setbacks at the snakebit Plant Vogtle nuclear expansion are reportedly expected to result in delays lasting up to six months while the operator added a $920 million charge at the end of last year.
Thomas Fanning, president and CEO of Southern Co., said during a recent earnings call that the parent company of Georgia Power took past repeated disruptions and challenges into account when it revised this timeline for completing the plant’s two final units, with the latest mishap caused by incomplete and missing inspection records that resulted in a backlog of more than 10,000 records.
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