Voxpopuli asks what the alternative is and wisely specifies "for Georgia Power." That's a stumper Vox! Georgia Power's own performance data filed with the SEC show the company is overbuilt in a shrinking market. And yet, the five elected Republican Commissioners who regulate Georgia Power have allowed the company to make record profits at the same time that Georgia Power is botching construction of the unneeded reactors at Vogtle. Georgia Power shareholders are benefiting from the boondoggle also because they get in on the profits. One would hope our elected officials would protect the public from this kind of ratepayer abuse but we are still waiting.
As for Eric Smith's assumption that Vogtle delays are due to lawsuits, Mr. Smith is simply misinformed. The delays are due to problems getting parts, since a robust support industry has not materialized to support the four reactors under construction in GA and SC. If one studies the performance of the main contractor (just recently thrown under the bus by Georgia Power in another legal settlement), that is, CB&I, formerly Shaw, formerly Stone & Webster at the MOX plutonium factory under construction at Savannah River Site in SC, it is easy to establish a pattern of cost overruns, delays and rework. The MOX factory is now 1000% over budget, 15 years behind schedule and 60% finished. Oh, and for the record, there aren't any customers for its product either.
Perhaps Georgia Power cannot build these reactors with a FREE PASS! But why would they want to finish? They are making record profits, NOT FINISHING THE VOGTLE BOONDOGGLE.
Brilliant article!!! Georgians are being fleeced by Georgia Power for its pig-in-a-poke 25%-built nuclear boondoggle. In addition, it appears that Georgia Power has pretty much been pocketing the upfront charges for Vogtle, as the collected Nuclear Construction Cost Recovery fees on our Georgia Power bills correspond with elevated profit figures filed by Georgia Power with the SEC. See GEORGIA POWER PROFITS 2004-2014: http://www.nonukesyall.org/Vogtle.html
It is always inspiring to take action and to stand up (or lie down as the case may be) for your convictions. Moral Monday is an exceptionally diverse coalition working to remedy a broad spectrum of ills attacking the health of our democracy and it was a most moving experience to be part of it. The sound of the traditional labor song "Keep your eyes on the prize" echoing in the People's House was goosebump powerful. Thank you, Creative Loafing, for doing your part to celebrate democracy in action in your city!
Bravo! An evolutionary act of art!
NO NUKES Y'ALL!
Sign a petition to repeal the CWIP (Construction Work In Progress) AKA Nuclear Construction Cost Recovery AKA Georgia Nuclear Energy Financing Act nuclear tax at http://www.stopcwip.com
Thanks Joeff for refreshing article on Vogtle boondoggle. There's a crucial point missing, however, concerning the necessity for Vogtle 3 & 4, an ongoing basis the PSC is legally mandated to consider in certifying plants to be built, or closed, or scrapped, or whatever.
Data filed by Georgia Power with the SEC in its annual reports is showing flat sales over the past 10-year period, falling electric sales for the past three years, and an increasing percentage of unused capacity, now standing at a whopping 45% (17% is national average). BOTTOMLINE: no matter what else you can say about nuclear, Vogtle, or how construction is going, VOGTLE 3 & 4 ARE SIMPLY NOT NEEDED.
View the compiled data chart at http://www.nuclearwatchsouth.org/pdfs/GPC%…
You may also write the PSC directly from http://www.nuclearwatchsouth.org
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