Why Ga.’s Plant Vogtle Project Continues, Despite Money Woes
Toshiba reported giant losses, totaling some $6 billion – much of which was related to the construction at Plant Vogtle and another nuclear construction project in South Carolina.
On Feb. 21, the state Public Service Commission, which regulates utilities, approved Georgia Power’s request for an additional $141 million in expenses related to the construction of new nuclear reactors at Plant Vogtle near Augusta.
The project has been plagued by delays and cost overruns, but now there is the potential for even bigger worries. The reactors are being built by Westinghouse, which is a subsidiary of Toshiba. Recently, Toshiba reported giant losses, totaling some $6 billion – much of which was related to the construction at Plant Vogtle and another nuclear construction project in South Carolina.
On” Morning Edition,” Denis O’Hayer got a look at how Toshiba’s financial problems might affect the Plant Vogtle expansion – and the state’s consumers – in a conversation with Kristi Swartz, an Atlanta-based reporter for EnergyWire, who covers the energy industry in the Southeast.
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