"Georgia Nuclear Rebirth Arrives 7 Years Late, $17 Billion Over Cost"

"WAYNESBORO, Ga. — Two nuclear reactors in Georgia were supposed to herald a nuclear power revival in the United States. But the project is seven years late and $17 billion over budget as Georgia Power Co. announced the first new reactor at its Plant Vogtle could reach full electrical output by Saturday.

They’re the first U.S. reactors built from scratch in decades — and maybe the most expensive power plant ever. Georgia electric customers have already paid billions, and state regulators will ultimately decide if they’re on the hook for billions more.

Some of the key promises of Vogtle — like building modules offsite and shipping them for cheaper on-site assembly — did not pan out. Construction delays drove Westinghouse Electric Co., a titan of American industrial history, into bankruptcy when the company couldn’t absorb overruns."

Jeff Amy reports for the Associated Press May 26, 2023.

Source: AP, 05/30/2023