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Tag: InService

Vogtle Expansion Cost Jumps Again; In-Service Dates Set for 2023

July 28, 2022
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| Industry News

Southern Co. on July 28 increased its cost estimate for Georgia Power’s share of the two-unit expansion of the Vogtle nuclear plant.

Southern, during an investor presentation of the company’s second-quarter financial results, said Georgia Power’s share of capital costs for the project has risen by $ 52 million, to about $ 10.5 billion in total. Georgia Power, the largest of four utilities owned by Southern Co., owns 45.7% of the project. The construction of Units 3 and 4 at Vogtle is years behind schedule, and the project’s price tag has ballooned to more than $ 30 billion, according to energy industry analysts.

The Vogtle expansion is adding two 1,117-MW Westinghouse AP1000 reactors to two existing units at the site in Waynesboro, Georgia. The project, when initially approved in 2009, was expected to cost about $ 14 billion, with the new reactors coming online in 2016 and 2017. Myriad issues have contributed to delays for the project, including the bankruptcy of Westinghouse and the coronavirus pandemic.…

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Kemper, Now Slated to Start in Late June, Will Need Costly Post In-Service Improvement Projects

June 7, 2017
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| Industry News

Mississippi Power’s Kemper County integrated gasification combined cycle (IGCC) project is now expected to be in service by the end of June, but the company expects it will need post in-service improvements. It also said timing of when it will file a case to address the recovery of costs not currently reflected in rates is uncertain.

The Southern Co. subsidiary said on June 5 that it filed a rate plan with the Mississippi Public Service Commission (MPSC) that would allow current rates for recovery of portions of the Kemper project’s existing combined cycle gas turbine (CCGT) plant to remain in place. If approved, that filing will not increase customer bills, it said.

It added, however, that discussions with the MPSC continue on the status of the project and the nature and timing of a rate filing to address recovery of the remainder of the Kemper project costs, which includes its gasification component.

Mississippi Power wants a timely resolution of such a filing, which will likely require a settlement between the company and the Mississippi Public Utilities staff as well as other parties.…

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