Georgia Power: Vogtle Reactor Construction Under Budget

In a regulatory filing Friday, Georgia Power reported its two new reactors at the Vogtle nuclear plant are expected to come in $18 million under budget.

The Southern Co. subsidiary must send state regulators updates on the $14.1 billion project every six months. The latest filing, covering the first half of this year, arrived at Vogtle nuclear plant construction. Source: Southern Co.the Georgia Public Service Commission late Friday. The filing also indicated the company would send an undisclosed number of additional workers to help oversee the project in response to enhanced federal safety regulations, The Atlanta Journal-Constitution reported.

Georgia Power is the largest investor in the project, which has also received funding from Oglethorpe Power and the Municipal Electric Authority of Georgia. Their plans call for two Westinghouse AP1000 reactors at the site near Augusta, Ga., that are scheduled to come on line in mid-2016. Both the AP1000 reactor design and the combined license for Vogtle units 3 and 4 are nearing the end of the Nuclear Regulatory Commission’s review process. The COL recently began its mandatory hearing phase. An amended AP1000 design received approval from the NRC’s Advisory Committee on Reactor Safeguards in September.

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