Tag

Vogtle

All articles tagged with #vogtle

energy2 years ago

Historic Moment: Vogtle Nuclear Reactor Begins Operation

The first of two new nuclear reactors at Plant Vogtle in Georgia, Unit 3, has officially entered commercial service, marking the first new nuclear reactor built from scratch in the U.S. in over 30 years. The reactor can produce 1,100 megawatts of electricity, enough to power around 500,000 homes and businesses. While the completion of Unit 3 is a significant milestone for the country's nuclear industry, the project has faced delays and cost overruns. Unit 4 is expected to be finished by the end of Q1 2024. The Vogtle expansion aims to provide carbon-free electricity to meet Georgia's growing energy consumption and support the state's clean energy manufacturing projects.

energy2 years ago

Georgia Power's Rate Increase Plan Approved by Regulators.

Georgia Power has been approved for a new rate hike to pay for the cost of coal, gas, and nuclear fuel used in its power plants. The increase will coincide with the onset of the company’s traditional higher summer rates, which also kick in June 1. The company had accumulated a fuel tab of almost $2.2 billion that it requested customers pay for. The PSC has signed off on two, 4.5% increases in the company’s base rates, which are set to take effect in both 2024 and 2025.