Ga. nuke plant's $14B reactor project moved back 7 months

Southern Co. has decided to defer for seven months the completion of its first new nuclear reactor as it waits for a decision about who will pay $400 million worth of unexpected costs. Work on the $14 billion Plant Vogtle reactor project in Georgia will be completed by November 2016 instead of April of that year. "I can't say that it's highly likely that the cost would be able to maintain, you know, the current projections without some kind of potential adjustment if those cost pressures continue to mount," said David McKinney, Southern Co.'s vice president for nuclear construction.

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Utility: Building schedule slips on Ga. nuke plant - CNBC

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