Georgia is now the only state in the country with a nuclear power plant under construction. A project in South Carolina was suspended Monday, leaving only Georgia Power’s expansion at Plant Vogtle.
The same company, Westinghouse, was building the nuclear reactors at power plants in South Carolina and Georgia. The projects had been touted as leading a “nuclear renaissance” in the U.S.
Westinghouse went bankrupt earlier this year, citing cost overruns at the projects as part of its problem, and now owners of the South Carolina facility say not finishing the nuclear plant there will save ratepayers billions of dollars.
Georgia regulator Stan Wise said while he’s watching what’s happening in South Carolina, Georgia Power is in a better financial situation with its expansion at Plant Vogtle.