Debate over financial risks for Georgia nuclear plant
Georgia Power Members of the state's Public Service Commission PSC will soon meet amid a debate over who should pay the bills if the cost of building two more reactors at Plant Vogtle near Waynesboro is more than expected.
A senior PSC staff member has proposed the risk should be split between the electric company and its customers. Under that plan, Georgia Power would get a boost in its earnings for finishing Plant Vogtle under budget. If costs go too high, the utility's profits would be reduced.
Georgia Power executives say the plan could penalize the company without taking into account the reason for cost overruns.
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Gaza’s sole electricity plant shuts down after running out of fuel
GAZA - The only electricity plant in the Gaza Strip shut down yesterday after running out of fuel banned from entering the besieged enclave by the Israeli occupation, Gaza Electricity Distribution Company announced.
“The power plant has shut down completely,” the company said in a brief statement.
Israel banned fuel imports into Gaza as part of punitive measures over the launching incendiary balloons from the Strip.
On Sunday, GEDCO warned that the industrial fuel for the electricity plant would run out on Tuesday morning.
Since 2007, the Gaza Strip suffered under a crippling Israeli blockade that has deprived its roughly two million inhabitants of…
