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Tom Crawford: Utility leaders reward failure over nuclear boondoggles
PLANT.VOGTLE
A view of the cooling towers, right, and nuclear reactor containment buildings area, left, at Plant Vogtle Nuclear Power Plant in Waynesboro. - photo by John Bazemore
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.