Vogtle Units 3 & 4: Critical Assets for Georgia’s Energy Infrastructure
The state of Georgia has consistently provided some of the lowest electricity rates in the country over the past three decades, particularly among the top 10 GDP states in the U.S. (Figures below). Central to this has been Georgia’s vertically-integrated regulated market structure. This regulated structure has allowed Georgia’s Public Service Commission
and electric power sector to develop long-term integrated resource planning that takes into account the ever-changing economic, political and regulatory landscapes along with technology changes, all of which impact energy costs in the near- and long-term. In terms of carbon reduction alone, Georgia’s nuclear power generation capacity has been a critical asset by directly avoiding over one billion metric tons
. Had it not been for nuclear power at Plants Hatch and Vogtle over the past forty-plus years, Georgia would be facing a nearly impossible path toward an affordable low-carbon future.
Georgia is well-positioned today with low-cost low-carbon electricity in large part because of past decisions to build nuclear power capacity. With a future that will require even lower carbon electricity and in order to keep the state economically competitive with the rest of the country, the completion of Vogtle Units 3&4 isn’t just an option–it’s a necessity.