The Alvin W. Vogtle Electric Generating Plant, also known as Plant Vogtle, is a 2-unit nuclear power plant located in Burke County, near Waynesboro, Georgia. When the two original nuclear units at Plant Vogtle were planned, the total cost estimate was $660 million.
Increased regulatory requirements, combined with a sharp increase in demand for materials and double-digit interest rates in the 1980s, all were key reasons the cost to build nuclear reactors began to soar.
Here’s a look at how the cost estimates for the first two Vogtle units changed over the years, with the final tab rising to $8.9 billion.
Year Cost estimate for first two Vogtle units
Estimated cost now for two new units: $14 billion