How much does Plant Vogtle cost?

How much does Plant Vogtle cost?

An updated financial report from one of the owners of the Plant Vogtle nuclear expansion in Georgia shows the cost to build two new reactors has now topped $30 billion, more than double the original price tag expected for the project.

How many megawatts is Plant Vogtle?

2302 MW
Vogtle Electric Generating Plant

Plant Vogtle
Units under const.	2 × 1117 MW AP1000
Nameplate capacity	2302 MW
Capacity factor	95.09% (2017) 91.25% (lifetime)
Annual net output	19,176 GWh (2017)

Who owns Vogtle nuclear plant?

The Vogtle Electric Generating Plant is jointly owned by Georgia Power (45.7%), Oglethorpe Power Corporation (30%), Municipal Electric Authority of Georgia (22.7%) and Dalton Utilities (1.6%).

Is Plant Vogtle shutting down?

Southern Nuclear officials were conducting a root cause investigation today into the unexpected, automatic shutdown of Unit 1 at the Vogtle Nuclear Generating Plant in Burke County.

What happened to Vogtle?

No, the nuclear program at Plant Vogtle isn’t over. Units 1 and 2 (built in the late 1980s) remain operational. And Units 3 and 4 (which were due in 2016 and 2017) remain under construction.

How much is Vogtle over budget?

Southern’s Georgia Power unit wrote off $920 million for costs associated with Vogtle. This includes $480 million of the electric company’s share of increased costs as well as $440 million of incremental costs that the utility is expecting to pay.

How many acres is Plant Vogtle?

3,200 acres
The Vogtle Electric Generating Plant is spread across 3,200 acres around the Savannah River. It includes units 1 and 2, which became operational in 1987 and1989, respectively.

Where does Plant Vogtle power go?

Vogtle 3 and 4 Project Overview Once complete, Vogtle units 1-4 will produce enough safe, reliable, affordable electricity to power 1 million Georgia homes and businesses.

How close is too close to a nuclear power plant?

Currently, if a radiological emergency occurs, the Nuclear Regulatory Commission recommends that anyone living within 10 miles of a plant to tune in to their local radio or television Emergency Alert System and heed the instructions from state or local officials.

Will VC Summer be completed?

With more than $10.4 billion in construction and interest reportedly spent by the owners on the V.C. Summer project, and analysis indicating that the project would not be finished until 2024 at a total cost of more than $25 billion, SCANA and Santee Cooper decided to abandon the project on July 31, 2017.

Why is Plant Vogtle over budget?

Public Service Commission staff and consultants have blamed the project’s high costs and construction delays on Georgia Power, which is the lead partner in its construction and eventual operation, and a subsidiary of Southern Company, the energy policy institute found.

Why is Vogtle delayed?

But workers realized “tens of thousands” of critical documents were missing, leading to a three-month backlog, Fanning said. Officials have cut that time down by 30 percent, he added. “We’re fixing that part of the ‘paper’ process,” he told E&E News. Vogtle started for one reason and is being finished for another.

How many nuclear reactors does Georgia have?

two nuclear facilities
Nuclear Plants Georgia Power owns two nuclear facilities, Hatch and Vogtle, which provide about 20 percent of the electricity used in Georgia.

Are there any nuclear weapons in Georgia?

Georgia does not possess or produce nuclear, chemical, or biological weapons and is party to the major nonproliferation treaties and regimes.

How safe is it to live near a nuclear power plant?

Let’s start with the obvious question: Is it safe to live near a nuclear plant? “Absolutely; study after study has shown this,” says Miller. “The bizarre fact is, cancer rates and risks in general are lower around plants.

What is the danger zone around a nuclear power plant?

The Nuclear Regulatory Commission (NRC) currently sets the evacuation zone around American nuclear power plants, also known as the “Plume Exposure Pathway Emergency Planning Zone,” at 10 miles. Japanese authorities have evacuated residents living within about 19 miles of the damaged Fukushima Daiichi Nuclear Power …

Who owns VC Summer nuclear plant?

Dominion Energy South Carolina

Virgil C. Summer Nuclear Power Station
Owner(s)	Dominion Energy South Carolina (66.7%) South Carolina Public Service Authority (33.3%)
Operator(s)	Dominion Energy South Carolina
Employees	500
Nuclear power station

Who bought VC Summer?

SCE&G (a SCANA subsidiary) owned two-thirds of the unit and operated the plant, while South Carolina Public Service Authority (a state-owned electric and water utility known as Santee Cooper) owns the remaining third. Dominion Energy acquired SCANA in 2019 and now owns that share of the plant.

How much has Vogtle 3 and 4 cost?

A nuclear power plant being built in Georgia is now projected to cost its owners more than $30 billion. A financial report from one of the owners on Friday clearly pushed the cost of Plant Vogtle near Augusta past that milestone, bringing its total cost to $30.34 billion.

Why is plant Vogtle over budget?

What is the current status of the Vogtle AP1000 project?

The two Vogtle AP1000 plants are the only two commercial reactor units under construction in the US. The project is about 94% complete for Unit 3 with the total Vogtle-3 and -4 project approximately 88% complete.

How much did it cost to build the Vogtle plant?

Plant Vogtle Construction began Unit 1–2: August 1, 1976 Unit 3: March 1 Commission date Unit 1: June 1, 1987 Unit 2: May 20, 198 Construction cost Units 1–2: $8.87 billion (1989 USD) ($16 Owner (s) Georgia Power (45.7%) OPC (30%) MEAG (22

When will the Vogtle nuclear power plant go into service?

The company said it still expects to achieve the November 2021 and 2022 regulatory-approved in-service dates for Units 3 and 4 respectively. The two Vogtle AP1000 plants are the only two commercial reactor units under construction in the US.

What is the AP1000 Generation III+ reactor?

Vogtle Units 3 and 4 are the first U.S. deployment of the AP1000 Generation III+ reactor. The AP1000 was designed as the next-generation nuclear reactor that could provide a standardized design for the U.S. utilities market. The reactor is an evolutionary improvement over existing reactors, featuring advanced safety systems.