Georgia Power can spend up to $99m on new nuclear plant preparations
Georgia Power had sought approval for up to $175 million of spending on the development of a future nuclear plant site in its integrated resource plan.
That proposal did not have PSC staff support, leading to the vote on the lesser amount.
The PSC voted separately to approve a revised IRP that will add an additional 1,600 MW of renewable energy to Georgia Power's electricity mix by 2021.
In a stipulation settling various issues regarding renewable energy, energy efficiency and other matters raised in the IRP, the utility and the PSC staff agreed to leave the decision on new nuclear plant development to commissioners.
The PSC staff, in filings with the commission, said Georgia Power should wait until 2019 to decide whether it needs to spend money pursuing a license to build and operate additional nuclear units in the state.
Georgia Power officials have said the utility has not decided whether to develop a new nuclear plant in the state, but was seeking to keep its options open through the investment in developing a license for the Stewart County site in southwestern Georgia.
The utility has not decided what type of reactor would be potentially built at the site, a company spokesman said July 6. ■