ATLANTA (AP) — The Southern Co. continues to face “significant challenges” building the country’s first brand-new nuclear plant on time and without exceeding its share of the roughly $6 billion budget, a state watchdog said in a report released Monday.
The construction of two new reactors at Plant Vogtle near Augusta tests whether the nuclear industry can build without the long delays and enormous cost overruns that plagued the industry decades ago. Since Southern Co. subsidiary Georgia Power is a regulated utility, its 2.4 million customers must pay for the project and could be on the hook for reimbursing the company for cost overruns.
Continue reading at Watchdog says Ga. nuclear plant faces delays
