Georgia Power announced yesterday that Southern Nuclear has made significant progress on construction of units 3 and 4 of the Vogtle nuclear power plant since assuming project management on behalf of the project co-owners. Their share of forecasted cost of project has increased however from USD7.3 billion to USD8.4 billion.
The total costs are nearing $17 billion.
The project is majority owned by Georgia Power (45.7%), with co-owners Oglethorpe Power (30%), MEAG Power (22.7%) and Dalton city (1.6%).
They are still expected to start operations in November 2021 (unit 3) and November 2022 (unit 4).
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