New Vogtle Timeline Video Showcases First-Quarter Progress at Nuclear Expansion
Thursday, April 14th, 2016
Georgia Power has released the latest timeline video from the Plant Vogtle nuclear expansion showcasing construction progress in the first quarter of 2016. Now more than 60 percent complete based on contractual milestones, progress is visible every day. The Vogtle project is the state's largest job-producing construction project with more than 5,000 construction workers onsite and 800 permanent jobs once the new units begin operation. Once all four units are online, Plant Vogtle is expected to generate more electricity than any other U.S. nuclear facility, enough to power more than one million homes and businesses.
Video: https://www.youtube.com/watch?v=_1NNPdNd1Zc
Now available on Georgia Power's YouTube Channel, the new timeline video includes:
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Insights from Mark Rauckhorst, executive vice president of construction, including progress and the positive impact of the recent settlement agreement on daily work at the site. In addition, Fran Forehand, Georgia Power East Region vice president, shares the various ways Plant Vogtle employees are engaging the local community including $320,000 recently raised for United Way.
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Progress across the construction site in the first quarter including the placement of more than 1,800 cubic yards of concrete to fill the walls of the Unit 3 CA20 module, continued progress on the cooling towers for both units and the preparation of the Unit 3 CA03 module for placement.
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A look inside the modular assembly building where workers are completing 11 submodules for the Unit 4 CA01 module and continuing work on submodules for Unit 4 CA20.
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The filing of the 14th Vogtle Construction Monitoring report with the Georgia Public Service Commission in February.
The projected overall peak rate impact of the Vogtle nuclear expansion continues to be significantly less than when the project was originally certified due to lower financing rates, other benefits the company has proactively pursued and the fuel savings of nuclear. The company projects that, even with the new costs and schedule forecast, the peak rate impact will be approximately 6 to 7 percent – which is nearly half of the original rate impact forecast. Of this, approximately 4.5 percent is already in rates. Once the new units come online, they are expected to put downward pressure on rates and deliver long-term savings for Georgia customers.