The Georgia Public Service Commission, slated to meet on Thursday, will likely approve Southern Co.’s proposal to finish a plant in the state with terms and conditions that will make the completion viable, Chairman Stan Wise said. The project could become the first U.S. nuclear plant licensed in recent years that gets to be built, following delays that sent total estimated costs soaring to more than $25 billion. Earlier this year, Scana Corp. abandoned its effort to build two new reactors in South Carolina after delays and cost overruns. Southern’s Plant Vogtle project in Georgia remains the only one under construction out of more than a dozen federal applications for new reactors.
Bloomberg 19th Dec 2017 read more »