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In reply to the discussion: First small modular nuclear reactor design certified for use in U.S. [View all]womanofthehills
(10,539 posts)Georgia nuclear plant's cost now forecast to top $30 billion.
A nuclear power plant being built in Georgia is now projected to cost its owners more than $30 billion.
A financial report from one of the owners on Friday clearly pushed the cost of Plant Vogtle near Augusta past that milestone, bringing its total cost to $30.34 billion.
That amount doesn't count the $3.68 billion that original contractor Westinghouse paid to the owners after going bankrupt, which would bring total spending to more than $34 billion.
Vogtle is the only nuclear plant under construction in the United States, and its costs could deter other utilities from building such plants, even though they generate electricity without releasing climate-changing carbon emissions. https://www.gpb.org/news/2022/05/09/georgia-nuclear-plants-cost-now-forecast-top-30-billion