About All Those Reports That Votgle Nuclear Reactors Are Under Budget…

There’s a lot of ground to cover between now and 2017 when power is finally projected to be generated from Votgle 3 & 4.  And, apparently, still a lot of costs to be worked out.  Rob Pavey of the Augusta Chronicle brings word that there’s a small disagreement between Southern Company and those building the plant of a not inconsequential $900 Million.

In a new filing with the U.S. Securities and Exchange Commission, Southern Company — whose subsidiary Georgia Power owns 45.7 percent of the Vogtle nuclear project — said it “has not agreed” to adjustments proposed by the the contractor consortium that includes Westinghouse and Stone & Webster, Inc.

The company and Vogtle co-owners Oglethorpe Power (30 percent), Municipal Electric Authority of Georgia (22.7 percent) and Dalton Utilities (1 percent) also dispute whether the owners are even responsible for those added costs, which would amount to $400 million.

“The Consortium’s estimated adjustment attributable to Georgia Power (based on Georgia Power’s ownership interest) is approximately $400 million (in 2008 dollars) with respect to these issues, which include an initial estimate of costs for efforts to maintain the projected in-service dates of 2016 and 2017 for Plant Vogtle Units 3 and 4,” the company wrote.

Ah, the magic of change orders.  And to think, there’s only 4 years or so left for these to pop up.

One comment

  1. saltycracker says:

    I suspect Southern would be happier to build natural gas plants or coal plants but there are groups out there to oppose any type of generation. SoCo would be fools not to want some investment assurances before building any type of plant guaranteed to be under assault.

    A fraction of our needs could be served with giant wind farms down the coast or displacing natural habitats with solar.

    NY Times article on Southern & gas vs nuke


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