![]() ![]() This material may not be published, broadcast, rewritten or redistributed without permission. will pay MEAG $76 million as additional construction costs are incurred at the plant, not immediately.Ĭopyright 2022 The Associated Press. JEA will not give up on doing what is necessary to protect our customers. As JEA stakeholders, you deserve to know the facts about Plant Vogtle and JEA’s position regarding its future. 14 to correct that the Municipal Electric Authority of Georgia owns 22.7% of Plant Vogtle, not 22.3% that the plant’s fourth nuclear reactor is expected to begin generating electricity by late 2023 or early 2024, not early 2034 and that Georgia Power Co. Plant Vogtle JEA’s involvement in the Plant Vogtle nuclear expansion project has been publicly questioned by industry analysts and Northeast Florida residents. Its costs and delays could deter other utilities from building such plants, even though they generate electricity without releasing climate-changing carbon emissions. Georgia Power has announced the latest milestones at the Vogtle nuclear expansion, including placement of the four main step-up transformers, each weighing 420,000 pounds, inside the Unit 4 transformer bays located near the unit’s turbine building. Vogtle is the only nuclear plant under construction in the United States. Georgia Power says it has not settled with Oglethorpe and Dalton, and has another $165 million at risk in those disputes. It’s been delayed by years, and costs have ballooned to around 30 billion. MEAG, in exchange, agreed to vote for completing construction as long as both Vogtle units are operating by the end of 2025. October 14th, 2022 Plant Vogtle is the only nuclear power construction project in the country. But Georgia Power agrees to pay 20% of any further overruns assigned to MEAG if Vogtle construction costs rise further. water in case of power failure during a flood freezing during extreme winter weather. Friday's deal also says MEAG will retain its entire ownership and not force Georgia Power to assume all further cost overruns. Tailings from beneficiation plants are in. ![]()
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