DOE approves Toshiba paying Georgia Power $3.2B for Vogtle

December 11, 2017 0

Georgia Power's proportionate share of the payments is roughly $1.47 billion. Some $455 million in total scheduled payments from Toshiba under the parent guarantee for the Vogtle project, already has been paid to the project’s partners, Kallanish Energy learns.

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New FERC chairman seeks 30-day delay on DOE plan

December 11, 2017 0

The new chairman of the Federal Energy Regulatory Commission wants more time to act on a controversial Trump administration proposal to provide cost recovery to coal-fired and nuclear power plants, Kallanish Energy reports.

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Vogtle costs make project too costly to finish: PSC staff

December 6, 2017 0

Staff at the Georgia Public Service Commission (PSC) believe the Plant Vogtle nuclear expansion project is too costly to finish – by $1.6 billion — unless regulators mandate Georgia Power and parent Southern Co. absorb some of the ever-growing costs.

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EDF’s 2018 earnings may be hit by reactor outages

November 16, 2017 0

France’s utility group EDF said Tuesday its 2018 core earnings are expected to be negatively impacted as the company foresees several unfavourable developments next year, including longer-than-expected nuclear reactor maintenance outages.

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