Vogtle units three and four will be among the first new nuclear units built in the US in the last three decades and will utilise the Westinghouse AP1000 technology. Project owners include Georgia Power (45.7%), Oglethorpe Power Corp. (30%), Municipal Electric Authority of Georgia (22.7%) and Dalton Utilities (1.6%).
US President Barack Obama announced earlier this week that Southern Nuclear Co. will receive $8.3 billion in federal loan guarantees for the project. In April, 2009 Georgia Power provided the Westinghouse-Shaw consortium full notice to proceed on the Plant Vogtle units three and four expansion and the civil construction has commenced. Georgia Power Company expects the Nuclear Regulatory Commission to approve its license application in 2011 or early 2012. The plant is scheduled to begin commercial operation in 2017.
This order, confirmed on 24 February 2010, augurs well for the future of the group’s return to the cooling business in the NAFTA region, just one year after the expiration of a five-year non compete agreement.