The executives of Southern Company, the utility holding company headquartered in Atlanta, have been involved in two of the biggest boondoggles in U.S. industrial history. Georgia Power, the largest of Southern’s subsidiaries, is bogged down with the construction of two nuclear reactors at Plant Vogtle that are about $3.6 billion over budget and nearly four years behind schedule. The first Vogtle unit was supposed to have started providing electricity to Georgia Power customers by April 2016, but nary a kilowatt has been generated.
Tom Crawford: Utility leaders reward failure over nuclear boondoggles