Six Years Late And 250% Over Budget: Georgia’s Newest Nuclear Plant

It has not been a good week for advocates of new nuclear power plant construction in the US. An energy cooperative in Georgia, the Municipal Energy Authority of Georgia (MEAG), announced in a recent filing that the new twin unit Vogtle 3 and 4 nuclear generating stations approaching completion in Waynesboro, Georgia were now likely to cost roughly $34 billion. MEAG, along with other electric co-ops like Oglethorpe Power and Dalton Utilities own minority stakes in the nuclear facility along with majority owner Georgia Power. The two Westinghouse…