Ga. Power, Westinghouse finalize work agreement on Vogtle nukes

[private]Georgia Power said Friday it has gotten the final signoff on a service agreement with Westinghouse for the continuance of construction work on two nuclear reactors at Plant Vogtle.

The utility said the service agreement was approved Thursday by the U.S. Department of Energy — the agency that guaranteed $6.5 billion in loans for the Vogtle project during the Obama administration.

The agreement provides that Southern Nuclear, a Southern Co. subsidiary that operates the two current units at Vogtle, will manage the ongoing construction of units 3 and 4.

“We are already in the midst of a seamless transition for the thousands of workers across the site, allowing us to sustain the progress we are making every day on both units,” said Mark Rauckhorst, executive vice president for the Vogtle project.

Georgia Power said it continues to work with its partners — Oglethorpe Power, MEAG Power, and Dalton Utilities — to finish a “cost-to-complete” analysis of the project.

That calculation will likely be filed with the Public Service Commission “by the end of August,” a company spokesman said.

The Vogtle project is about $3 billion over projections and more than 39 months behind schedule. The cost overruns were a major factor in Westinghouse, which had been the primary contractor, declaring bankruptcy in March.

© 2017 by The Georgia Report

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Tags: Georgia Power , Plant Vogtle , Westinghouse