"Southern Co. yesterday announced another delay for its long-troubled nuclear construction project in Georgia, edging its costs closer to the $30 billion mark.
The setback could now push the startup date for Plant Vogtle’s first reactor until early 2023 and move the date for the second one to later that year. The costs for Plant Vogtle’s two reactors have now risen to the point that Southern should absorb every dollar instead of sharing that burden with the other developers — and passing it on to customers.
Plant Vogtle’s latest move highlights the nuclear industry’s chief troubles with building large, baseload reactors: safety and cost. To be clear, Southern executives have blamed this new hiccup on paperwork, saying that workers were gathering it to send to federal safety regulators and noticed critical inspection records were missing or incomplete.
The pile of missing or incomplete documents added up to a delay of three to six months, Southern said. That additional time is costing $920 million."
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