Georgia, South Carolina Nuclear Reactors “On Time, Under Budget”

Just kidding! April Fool’s!

I know, I know…we did this last year too, but it’s not our fault that Southern Company and SCANA offered up April Fool’s 2016 as completion dates for the first new nuclear reactors at Plant Vogtle in Georgia and V.C. Summer in South Carolina picked April Fool’s 2017 for the next two new reactors at each site. You heard that right: roughly 4400 megawatts (MW) of new nuclear generation were supposed to be flowing through transmission lines by now.

Hearing on New Vogtle Nuclear Reactors Provides New Information on Mounting Risks and Costs

Below is a Georgia Utility Update first published on July 1, 2015 by Robert “Bobby” B. Baker, Jr. with Freeman, Mathis & Gary, LLP who serves as SACE’s legal counsel in the ongoing semi-annual Vogtle Construction Monitoring (VCM) review before the Georgia Public Service Commission (PSC). Mr. Baker served three terms as a Georgia PSC [...]

Taxpayers in the dark and at risk from Vogtle nuclear loan guarantees

SACE’s High Risk Energy Choices program director, Sara Barczak, contributed to this blog post from Whitney Rappole, 2014 graduate of Emory Law School and former Turner Environmental Law Clinic student. As a student attorney at the Turner Environmental Law Clinic at Emory University School of Law, I was given the opportunity to join the Clinic in representing [...]

Secret sweetheart deal for Georgia nuclear reactors puts taxpayers at risk

Earlier this week, shocking news was released regarding $6.5 billion in taxpayer-backed federal loan guarantees for two new nuclear reactors at Plant Vogtle in Georgia. Two partners in the project, Georgia Power (subsidiary of Southern Co.) and Oglethorpe Power, had to pay $0, zip, nothing for something known as the “credit subsidy fee” — essentially [...]

Let the Vogtle DOE Loan Guarantee Vanish

This guest post was authored by Kennedy Maize and originally ran as a blog for PowerMag on January 21, 2014. It is being reposted with permission from the author. Find the original post here. Since his post, the Department of Energy extended the loan deadline to the end of this month for Southern Company (and [...]

The next Solyndra? $8 billion U.S. loan guarantee for Vogtle nuclear reactors too risky

This opinion editorial was written by Ryan Alexander, president of Taxpayers for Common Sense. It was originally published by the Tampa Tribune on their website on September 11, 2013 and can be found here. Find out more about the conditional $8.3 billion federal nuclear loan guarantee for the proposed new Vogtle reactors here and a [...]

Vogtle Loan Guarantee Update: Nuclear Power Secrecy Continues

After nearly two years of stonewalling by the U.S. Department of Energy (DOE), the Southern Alliance for Clean Energy (SACE) continues to press ahead with our Freedom of Information Act (FOIA) litigation so that U.S. taxpayers can learn the full extent of the risks to which they are exposed in the massive commitment of $8.33 [...]

Its Official – Taxpayers Take On Nuclear Risk

While our government is demanding that BP pay up for the oil disaster in the Gulf, it is offering up billions of Americans’ hard earned money to another high risk energy player — the wealthy nuclear power industry to build costly new nuclear reactors. Will this be another disaster waiting to happen? Today the utility [...]