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  • Nuke drama: Georgia Power rejects Oglethorpe Power's demand for cost cap on Plant Vogtle

    22 days ago - By Biz Journals

    The high-stakes drama over the only nuclear power plant under construction in the United States is glowing red hot Tuesday as Georgia Power Co. is pushing back on Oglethorpe Power Corp.'s demand that the Plant Vogtle project's costs be capped in exchange for its vote to continue work on the massively expensive project.
    The deadline for making a decision is 5 p.m. today.
    Oglethorpe Power, one of four partners in the project, said Monday evening it would vote to continue the project, if several cost-control...
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  • Oglethorpe Power conditionally OKs continuing Vogtle project, but wants cost cap

    Oglethorpe Power conditionally OKs continuing Vogtle project, but wants cost cap

    22 days ago - By Biz Journals

    With a historic decision looming over whether to continue work on the last nuclear plant now under construction in the United States, Atlanta's Oglethorpe Power Corp. on Monday evening gave a conditional vote in support of completing the costly expansion of Georgia's Plant Vogtle.
    In a statement, the company said, "Oglethorpe's condition in support of the project includes several cost-control options, such as one scenario in which there is a cap at the current project budget (inclusive of the $2.3...
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