Vogtle Loan Guarantees Praised, Criticized

Credit to Author: Darrell Proctor| Date: Sat, 23 Mar 2019 15:39:51 +0000

Energy Secretary Rick Perry on March 22 said his department will guarantee up to $3.7 billion in additional loans to finance continued construction of two new nuclear reactors at the Vogtle plant in Georgia. While Perry and other government officials stressed the importance of the project to the U.S. nuclear industry, critics called it a […]

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Southern Company CEO: Vogtle Ahead of Schedule

Credit to Author: Darrell Proctor| Date: Thu, 21 Feb 2019 00:20:53 +0000

Southern Company CEO Thomas Fanning on February 20 said construction of two new nuclear reactors at Plant Vogtle is on track and could possibly beat the current regulatory approved startup dates for the AP1000 units. Fanning spoke Wednesday on the company’s fourth-quarter 2018 earnings call. He said Georgia Power, a Southern Company subsidiary and the […]

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Georgia PSC Backs Additional Costs for Vogtle Nuclear Project

Credit to Author: Darrell Proctor| Date: Tue, 19 Feb 2019 23:34:54 +0000

Georgia regulators on February 19 approved another $526.4 million in expenditures by Georgia Power related to the long-delayed Vogtle nuclear power plant expansion near Waynesboro, Georgia. Georgia Public Service Commission (PSC) members voted 4-1 to approve a settlement agreement for the 19th Vogtle Construction Monitoring (VCM) Report, which covers the first six months of 2018. The […]

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Consortium Asks UK to Support SMR Nuclear Development

Credit to Author: Darrell Proctor| Date: Mon, 28 Jan 2019 20:16:57 +0000

Small modular reactors (SMRs) are becoming a technology of choice among those who continue to push nuclear power as a zero-emissions source of generation. The collapse of plans to build new large reactors in the UK has meant companies there are looking at SMRs in an effort to keep that country’s nuclear power program viable. […]

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Finnish Nuclear Plant Start-up Delayed Again

Credit to Author: Darrell Proctor| Date: Wed, 26 Dec 2018 23:24:47 +0000

Another nuclear power project has been delayed, as the Fennovoima consortium and Russia’s state-run nuclear company Rosatom said the Hanhikivi 1 power plant’s projected start-up date has been pushed to 2028, four years behind the original schedule and eight years later than the proposed start when Finland’s government supported the project in 2010. The announcement […]

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POWER’s Top 10 Most-Read Stories from 2018

Credit to Author: Aaron Larson| Date: Thu, 20 Dec 2018 12:01:39 +0000

There’s never a dull moment in the power industry, and like most years, 2018 was filled with many interesting developments. As it has been for more than 135 years, POWER was there to break the news. The following 10 articles were the most-read online stories of the year. #10: New York Denies Air Permit for […]

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Regulators Back Dominion Takeover of SCANA

Credit to Author: Darrell Proctor| Date: Mon, 17 Dec 2018 19:53:02 +0000

Dominion Energy’s bid to purchase SCANA Corp. and its South Carolina Electric & Gas (SCE&G) utility, approved by South Carolina regulators on Dec. 14, could bring some stability to SCANA. Shareholders hope that’s the case; they’re excited about swapping their devalued SCANA shares for more valuable Dominion stock. Workers, though, remain uncertain about their futures, […]

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Plagued by Grim Challenges, Vogtle Nuclear Expansion Lags Behind Schedule, Says Oversight Consultant

Credit to Author: Sonal Patel| Date: Thu, 06 Dec 2018 14:36:55 +0000

The two-unit Vogtle expansion in Georgia faces major challenges that are poised to derail its schedule and ramp up costs—and the project is already behind schedule, a consulting firm tasked with construction oversight of the project told regulators. In revealing testimony filed with the Georgia Public Service Commission’s (PSC’s) public interest advocacy staff on November […]

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Now Two AP1000 Reactors in Commercial Operation, Vogtle Makes Progress Too

Unit 1 at the Haiyang nuclear power plant in Shandong, China, successfully completed a 168-hour full-power continuous operation test, meeting the requirement for commercial operation, State Power Investment Corp. Ltd. announced on October 23. Its AP1000 reactor is the first nuclear unit to be placed in operation in Shandong, an eastern province on the Yellow […]

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[BREAKING] Vogtle Owners Vote to Continue Nuclear Expansion Project

The four co-owners of the Plant Vogtle nuclear expansion project in Georgia have voted to continue construction of two new reactors at the site near Waynesboro. The vote on September 26 came two days after the original deadline for a vote on the future of Units 3 and 4, which are scheduled to come online […]

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