Georgia PSC Will Decide Vogtle’s Fate on December 21
The Georgia Public Service Commission on December 11 said it will decide December 21 whether to allow construction of two new nuclear reactors at the Plant Vogtle site to move forward, or call for the project to be canceled.
Commissioners voted Monday to move up the timetable for a decision on the troubled nuclear project after noting that Georgia Power CEO Paul Bowers said his company would pass through $ 150 million in tax savings to ratepayers, if the project is canceled by year-end. The move came on the first of four days of hearings in Atlanta, Georgia, to determine the next steps for the PSC and Georgia Power with regard to the oft-delayed construction of two new AP1000 reactors at the nuclear plant near Waynesboro, Georgia.
This week’s hearings had been expected to pave the way for a PSC decision on the project’s fate, a decision originally scheduled for February 2018. POWER magazine has been among those reporting that pending changes to the federal corporate tax rate structure under consideration by Congress could accelerate that timetable.…