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News and Discussions => Nuke News => Topic started by: atomicarcheologist on Sep 27, 2018, 08:56

Title: Deal reached to keep building Vogtle
Post by: atomicarcheologist on Sep 27, 2018, 08:56
https://www.wsj.com/articles/deal-keeps-alive-last-u-s-nuclear-power-plant-under-construction-1537995098
Title: Re: Deal reached to keep building Vogtle
Post by: scotoma on Sep 28, 2018, 10:59
You need to subscribe or sign in to read this article.
Title: Re: Deal reached to keep building Vogtle
Post by: Chimera on Sep 28, 2018, 11:43
The Wall Street Journal has to make a profit somehow.
Title: Re: Deal reached to keep building Vogtle
Post by: hamsamich on Sep 28, 2018, 12:42
http://fortune.com/2018/09/27/vogtle-nuclear-power-plant-construction-deal/

The Alvin W. Vogtle Electric Generating Plant in Georgia, the only nuclear power reactors currently under construction in the U.S., got a last-minute save last night as warring partners agreed to new funding terms.

Southern Co. subsidiary Georgia Power, which owns 45.7% of the project, will shoulder more of the costs past a certain level, and agreed to purchase future tax credits at a discounted cost from co-owners Oglethorpe Power Corp. (30%), the Municipal Electric Authority of Georgia (22.7%) and Dalton Utilities (1.6%).