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Cost Increases For Vogtle Nuclear Expansion Project In Georgia, US

Fitch Solutions Sector Intelligence  


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    Cost Increases For Vogtle Nuclear Expansion Project In Georgia, US

    • 12 May 2022
    • United States
    • Infrastructure

    News: The cost of the Vogtle nuclear expansion project in the US state of Georgia has reached USD30.34bn. The project will comprise two AP1000 reactors of 1.1GW each (1.2GW gross) on the site of the Vogtle nuclear power plant. Georgia Power (45.7%), an affiliate of Southern Company and cooperatives and municipal utilities, owns the new phase, as well as Oglethorpe Power (30%), Municipal Electric Authority of Georgia (22.7%) and the city of Dalton (1.6%). Construction started in 2013. The third unit is slated to start operations in March 2023 and the fourth unit would be operational in December 2023 (Enerdata).

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