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Oglethorpe, MEAG vote to move forward with Vogtle nuclear project
Utility Dive: Pressure has been building for the partners in the Vogtle nuclear project to abandon the partially built plant ever since a unit of Southern Co., the corporate parent of Georgia Power, added another $2.3 billion to the project's estimated cost last month.
The total cost of the nuclear project, which was originally estimated at $14 billion, is now estimated at $27 billion.
Southern owns about half of the project and said that its shareholders, not ratepayers, would absorb its $1.1 billion share of the most recent cost increase.
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