Dr. Ernest Moniz, U.S. Secretary of Energy, paid a special visit to the Plant Vogtle nuclear expansion project in Georgia last week to announce the U.S. Department of Energy’s (DOE) $3.46 billion loan guarantee toward the construction of the project. The construction of new nuclear plant units 3 and 4 at Vogtle signifies the first U.S. nuclear project to receive funding through the DOE program. The construction project is owned by Georgia Power, a subsidiary of Southern Company, as well as several regional power cooperatives and entities.
The construction project is the largest job-producing project in the state and once complete, will produce enough electricity to power 500,000 homes and businesses in the state of Georgia. The new nuclear units are expected to begin commercial operation in 2017 and 2018. At the ceremony, Secretary Moniz stated “This energy infrastructure buildout is not only for Georgia, not only for the United States, but for the world.”
Absolute Consulting has directly supported the Vogtle 3&4 nuclear construction project for several years, and aims to support nuclear new-build projects both domestically and abroad.
Click here to view the original press release from Southern Company.
Written by: Absolute Consulting
Source: Southern Company