The influential Marietta-based Georgia Tea Party has announced support for continued construction and completion of two additional nuclear reactors at Plant Vogtle in Burke County near Augusta. The Tea Partiers said in a press release that developing a free market in electric power generation is desirable, but that current technology makes that goal both expensive and impractical.
“While we are mindful of the principles of free market economics, we also acknowledge that the electric power industry, which is regulated by the elected Public Service Commission, has been successful in providing safe, reliable and affordable electricity in our state for a number of years,” said Party Chairman J.D. Van Brink.
Georgia Power Co., which owns 45.7 percent of the new units, has invested approximately $4.3 billion in capital costs in the project through June 2017 and estimates its cost to complete the project is approximately $4.5 billion. “Completing the Vogtle 3 & 4 expansion will enable us to continue delivering clean, safe, affordable and reliable energy to millions of georgians, both today and in the future,” says Georgia Power President and CEO Paul Bowers.
Gov. Nathan Deal and the projects co-owners– Oglethorpe Power, MEAG Power and Dalton Utilities– all support continued construction and completion.
The five-member PSC will hear public feedback and review recommendations for completion before ultimately making a final decision on the project.