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Vogtle Costs Increase $2.3 Billion, Cancellation is Possible

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SUGAR LAND--August 10, 2018--Written by John Egan for Industrial Info Resources (Sugar Land, Texas)--The projected cost to add two new units to the Alvin W. Vogtle Nuclear Power Station jumped by about $2.3 billion, a unit of the Southern Company (NYSE:SO) (Atlanta, Georgia) disclosed August 8, bringing the estimated cost to construct 2,234 megawatts (MW) of new nuclear generation to more than $27 billion, more than double its original projected cost.

Within this article: Details of the Plant Vogtle cost increase and its consequences

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Industry Segment: Power
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