Current:Home > MarketsFirst American nuclear reactor built from scratch in decades enters commercial operation in Georgia -WealthPro Academy
First American nuclear reactor built from scratch in decades enters commercial operation in Georgia
View
Date:2025-04-16 00:38:51
ATLANTA (AP) — A new reactor at a nuclear power plant in Georgia has entered commercial operation, becoming the first new American reactor built from scratch in decades.
Georgia Power Co. announced Monday that Unit 3 at Plant Vogtle, southeast of Augusta, has completed testing and is now sending power to the grid reliably.
At its full output of 1,100 megawatts of electricity, Unit 3 can power 500,000 homes and businesses. Utilities in Georgia, Florida and Alabama are receiving the electricity.
A fourth reactor is also nearing completion at the site, where two earlier reactors have been generating electricity for decades. The Nuclear Regulatory Commission on Friday said radioactive fuel could be loaded into Unit 4, a step expected to take place before the end of September. Unit 4 is scheduled to enter commercial operation by March.
The third and fourth reactors were originally supposed to cost $14 billion, but are now on track to cost their owners $31 billion. That doesn’t include $3.7 billion that original contractor Westinghouse paid to the owners to walk away from the project. That brings total spending to almost $35 billion.
The third reactor was supposed to start generating power in 2016 when construction began in 2009.
Vogtle is important because government officials and some utilities are again looking to nuclear power to alleviate climate change by generating electricity without burning natural gas, coal and oil.
In Georgia, almost every electric customer will pay for Vogtle. Georgia Power, the largest unit of Atlanta-based Southern Co., currently owns 45.7% of the reactors. Smaller shares are owned by Oglethorpe Power Corp., which provides electricity to member-owned cooperatives, the Municipal Electric Authority of Georgia and the city of Dalton. Oglethorpe and MEAG plan to sell power to cooperatives and municipal utilities across Georgia, as well in Jacksonville, Florida, and parts of Alabama and the Florida Panhandle.
Georgia Power’s 2.7 million customers are already paying part of the financing cost and elected public service commissioners have approved a monthly rate increase of $3.78 a month for residential customers as soon as the third unit begins generating power. That could hit bills in August, two months after residential customers saw a $16-a-month increase to pay for higher fuel costs.
Commissioners will decide later who pays for the remainder of the costs of Vogtle, including the fourth reactor.
veryGood! (3325)
Related
- Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Hi Hi!
- Death toll rises to 54 after blast at Pakistan political gathering
- Pro-Trump PAC spent over $40 million on legal bills for Trump and aides in 2023
- How to protect your car from extreme heat: 10 steps to protect your ride from the sun
- 'Malcolm in the Middle’ to return with new episodes featuring Frankie Muniz
- Forecast calls for 108? Phoenix will take it, as record-breaking heat expected to end
- Ed Sheeran serves hot dogs in Chicago as employees hurl insults: 'I loved it'
- Can you drink on antibiotics? Here's what happens to your body when you do.
- Bet365 ordered to refund $519K to customers who it paid less than they were entitled on sports bets
- Biden has decided to keep Space Command in Colorado, rejecting move to Alabama, officials tell AP
Ranking
- Spooky or not? Some Choa Chu Kang residents say community garden resembles cemetery
- These are the top 10 youngest wealthiest women in America. Can you guess who they are?
- Below Deck's Captain Lee and Kate Chastain Are Teaming Up for a New TV Show: All the Details
- 'A money making machine': Is Nashville's iconic Lower Broadway losing its music soul?
- Macy's says employee who allegedly hid $150 million in expenses had no major 'impact'
- Wisconsin judge dismisses lawsuit over military voting lists
- Pennsylvania governor says millions will go to help train workers for infrastructure projects
- Extreme Rain From Atmospheric Rivers and Ice-Heating Micro-Cracks Are Ominous New Threats to the Greenland Ice Sheet
Recommendation
Plunge Into These Olympic Artistic Swimmers’ Hair and Makeup Secrets
Randy Meisner, founding member of the Eagles, dies at 77
8-year-old survives cougar attack at Olympic National Park; animal stops when mother screams
Appellate court rules that Missouri man with schizophrenia can be executed after all
US auto safety agency seeks information from Tesla on fatal Cybertruck crash and fire in Texas
Fans pay tribute to Coco Lee, Hong Kong singer who had international success
Full transcript of Face the Nation, July 30, 2023
Rapper G Herbo pleads guilty in credit card fraud scheme, faces up to 25 years in prison