GEORGIA POWER: Georgia Power’s Vogtle Unit 3 achieves Initial Energization

Image
-
0Comments

Georgia Power issued the following announcement on May 7.

Individual electrical components are now permanently powered, enabling testing of the system

Represents significant milestone as project moves from construction toward system operations

Georgia Power announced today that plant equipment for Vogtle Unit 3 is now energized, or permanently powered, which is needed to perform all subsequent testing for the unit. With plant equipment previously running on temporary construction power, the completion of initial energization represents a significant milestone in the Vogtle expansion as the project moves from construction toward system operations.

“Initial energization is a major first step in transitioning the project from construction toward system operations,” said Vogtle 3 & 4 Construction Senior Vice President Glen Chick. “With energization complete, we can continue moving into the actual testing phase for Unit 3.”

Significant progress continues at the site, with the project now approximately 77 percent complete. With more than 7,000 workers currently onsite and more than 800 permanent jobs available once the units begin operating, Vogtle 3 & 4 is currently the largest jobs-producing construction project in the state of Georgia.

All first quarter milestones have been achieved including the placement of the Unit 4 pressurizer and the Unit 3 containment vessel top head, signifying that all modules and large components have been placed inside the unit.

Last week, Georgia Power filed an update on the Vogtle 3 & 4 project with the Georgia Public Service Commission (PSC), affirming the expected schedule remains within the regulatory-approved in-service dates of November 2021 for Unit 3 and November 2022 for Unit 4, with no change to the total project capital cost forecast.

From the beginning of the Vogtle expansion, Georgia Power has worked with the Georgia PSC to pursue all available benefits for customers and minimize the impact of the new units on electric bills. In March, Georgia Power closed on $1.67 billion in additional Department of Energy (DOE) loan guarantees for Vogtle 3 & 4. With a total of more than $5 billion in DOE loan guarantees, Georgia Power expects to be able to provide more than $500 million in present-value benefits to its customers. 

The projected peak rate impact to Georgia Power retail customers is 10.4 percent, with approximately 5.5 percent already in rates.

Original source can be found here.



Leave a Reply

Your email address will not be published. Required fields are marked *

Related

WINDESCO: WeBoost Platform Increases Annual Output by $3,000 per Megawatts for Longroad Energy’s 145 Megawatts Acquired Wind Plant

WINDESCO: WeBoost Platform Increases Annual Output by $3,000 per Megawatts for Longroad Energy’s 145 Megawatts Acquired Wind Plant

WindESCo Helps Longroad Energy Optimize Wind Asset Performance to Unlock $430,000 in Annual Revenue

ACWA POWER: Signs three agreements for the first foreign investment based independent wind power project in Azerbaijan

ACWA POWER: Signs three agreements for the first foreign investment based independent wind power project in Azerbaijan

Following the signing of the implementation agreement for the $300 million Independent Power Project in January 2020, and under the patronage of the Ministry of Energy in Saudi Arabia, ACWA Power today executed the official agreements for the 240 MW wind power project that will be located in the Absheron and Khizi regions.

CAPITAL DYNAMICS: Exits 108-Megawatt Beacon II and V Solar Portfolio in Kern County, California

CAPITAL DYNAMICS: Exits 108-Megawatt Beacon II and V Solar Portfolio in Kern County, California

Capital Dynamics, an independent global private asset management firm, completed the sale of a majority interest in its Beacon portfolio to TortoiseEcofin and S&B USA Energy. Each buyer has acquired a 49.5% ownership of the portfolio. Capital Dynamics retains a minority stake of 1%.

Trending

The Weekly Newsletter

Sign-up for the Weekly Newsletter from Power News Wire.