Wednesday, May 07, 2008

Update on Georgia Power, Vogtle

Georgia Power, plurality owner of the Vogtle Electric Generating Plant, announced today it did not receive any bids in response to its 2016-2017 base load capacity RFP. From the press release,

...Georgia Public Service Commission (PSC) rules require market bids to be compared with self-build proposals, but no market bids were received.

The company's self-build nuclear proposal will be reviewed by the Georgia PSC's Independent Evaluator before the company submits a final recommendation to the Georgia PSC on August 1, 2008 for approval. A final certification decision is expected in March 2009.

If certified by the Georgia PSC and licensed by the Nuclear Regulatory Commission (NRC), the two Westinghouse AP1000 units, with a capacity of 1,100 megawatts each, would be constructed at the Vogtle Electric Generating Plant site near Waynesboro, Georgia and would be placed in service in 2016 and 2017, respectively.

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