Plant Vogtle (Georgia Power): What Now?By Jim Clarkson -- August 16, 2023 No Comments
Ed. Note: The following filing with the Georgia Public Service Commission by Jim Clarkson and Resource Supply Management is reprinted below. In the Matter of: Docket No. 29849 Georgia Power Company’s Twenty Fourth Construction Monitoring Report for Plant Vogtle Units 3 & 4)
It has been clear for some time this Commission will support substantial rate increases for Georgia Power. Over the next two years it is estimated that the Company will seek about a $1 billion in new revenue with even more to follow as the Vogtle unit 4 comes online.
Now that the first case of Vogtle recovery of capital and associated costs has begun, we offer our advice which has been ignored during the construction cases. There are ways to provide to least some relief to ratepayers.…
GPSC Candidate Patty Durand: Plant Vogtle MiseriesBy Robert Bradley Jr. -- March 29, 2023 No Comments
“… costs for Plant Vogtle have ballooned past $34 billion, the equivalent of $15,000/kW, making it the most expensive power plant ever built on earth.”
“… no, it’s not ‘litigation’ ‘anti-nuke greenies’ or ‘overburdened regulations’ that’s behind Plant Vogtle’s failures. It’s incompetence. Or let’s be charitable: Is this thing just too hard to build?” (Patty Durand, below)
Patty Durand, candidate for the Georgia Public Service Commission (GPSC) in a special election this year, is running on a platform, “let’s regulate utilities better.” I would prefer her tag line to also be, ‘let’s remove franchise protection from Georgia Power and the rest of the Southern Company utilities for competition.’ But take whatever is available in a crony business/regulator state, long exposed by Jim Clarkson (here).
Candidate Durand is focused on the Plant Vogtle #3 and #4 boondoggle, long chronicled at MasterResource.…Continue Reading
Plant Vogtle #3 and #4: More Issues (costs, delay, partner opt-downs)By Robert Bradley Jr. -- August 2, 2022 No Comments
Editor Update: Since this article was prepared, Southern Company (the parent of Georgia Power) announced another cost increase and delay.
“Since September 2018, the project budget has increased five times, and is now expected to total more than $30 billion [from $14 billion in 2009].”
The bad news continues at Georgia Power’s Plant Vogtle #3 and #4, the first nuclear units to be constructed in six years. The most complicated, expensive, and hazardous way to boil water, (government-enabled) nuclear remains a mirage of cost-effective engineering.
A project that broke ground in 2013, expected to cost $14 billion with start-up in 2016 (Unit 3) and 2017 (Unit 4), is now past $30 billion with estimated start dates in 2023/24. The U.S. Department of Energy has contributed loan guarantees of $12 billion to the project.…Continue Reading
Plant Vogtle Went Backward in 2021 (can nuclear improve, become cost-effective)By Robert Bradley Jr. -- January 4, 2022 No Comments
2021 was supposed to be the year of progress and a final close to the disasterous Plant Vogtle #3 and #4. But it was anything but with early 2022 looking like things have retrogressed.
… Continue Reading
Early in 2021, crews at Georgia Power’s nuclear expansion site at Plant Vogtle were struggling to find all the leaks in a pool built to hold spent, highly radioactive fuel. They added air pressure under the floor of the water-filled pool, hoping air bubbles would pinpoint flawed welds. It didn’t work. So an engineer doubled the air pressure.
The result: The pool’s steel floor plates were damaged, rendering them unusable. New ones had to be manufactured. The fixes and rechecks of the pool have taken nearly a year and cost millions of dollars. It’s been that kind of a year at Plant Vogtle.