Nuclear Energy Gets An Early Christmas Present In Georgia
The Georgia Public Service Commission voted to allow the Plant Vogtle nuclear expansion project in Georgia to continue.
Despite the project being $6 billion over its estimated $14 billion budget; several years behind schedule; and the bankruptcy of contractor Westinghouse, commissioners voted that the project could move on. The final cost will be offset by a $1.67 billion loan guarantee by the Department of Energy and payments from Toshiba totaling $2.75 billion. The two reactors are the only ones under construction in the U.S. and are expected to be a clean source of reliable energy.
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