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Last updated on April 20, 2014 at 8:28 EDT

Latest Oglethorpe Power Stories

2014-04-02 12:23:29

ATLANTA, April 2, 2014 /PRNewswire/ -- The Oglethorpe Power Corporation Board of Directors re-elected Benny W. Denham of Sycamore, Ga. as its chairman and Marshall S. Millwood of Gainesville, Ga. as vice chairman. The election took place at a Board meeting following Oglethorpe Power's annual meeting. This is Denham's twelfth consecutive term as Board chairman and Millwood's third term as vice chairman. The two will serve in their officers' positions for the next year. Denham is an...

2014-03-31 08:24:03

ATLANTA, March 31, 2014 /PRNewswire/ -- The National Atomic Museum Foundation has named Southern Company the recipient of the 2014 National Award of Nuclear Science and History in recognition of the company's leadership in and commitment to new nuclear development. The award was presented at the Einstein Society Gala in Albuquerque, N.M. Southern Company subsidiary Southern Nuclear's Chairman, President and CEO Stephen E. Kuczynski accepted the award. (Logo:...

2014-03-21 12:21:21

TUCKER, Ga., March 21, 2014 /PRNewswire/ -- Oglethorpe Power Corporation President and Chief Executive Officer Michael L. Smith, Executive Vice President and Chief Operating Officer Michael W. Price and Executive Vice President and Chief Financial Officer Elizabeth B. Higgins will discuss fourth quarter and year end results during a conference call at 11:00 a.m. Eastern on Friday, March 28, 2014. Investors, media and the public may view a live internet webcast or join via...

2014-03-10 16:22:31

Critical module towers more than five stories tall, marks heaviest "lift" to date for project ATLANTA, March 10, 2014 /PRNewswire/ -- Georgia Power announced today the completion of another major milestone in the construction of Plant Vogtle units 3 and 4 near Waynesboro, Ga. On Saturday, the project team successfully placed the CA20 module into the Unit 3 nuclear island. Weighing more than 2.2 million pounds, or 1,100 tons, and towering more than five stories tall, the module is the...

2014-02-20 16:22:13

TUCKER, Ga., Feb. 20, 2014 /PRNewswire/ -- Oglethorpe Power Corporation has finalized an agreement with the United States Department of Energy for a $3.057 billion loan guarantee. This amount is to be used for the corporation's share of two new nuclear units currently under construction at Plant Vogtle located in Waynesboro, GA. Oglethorpe Power's ownership is 30 percent, representing 660MW of capacity. The additional capacity from units 3 and 4 at Plant Vogtle will provide a low...

2014-02-20 16:21:38

Customers to receive $225 million to $250 million in benefits ATLANTA, Feb. 20, 2014 /PRNewswire/ -- Georgia Power announced today that it has completed the closing process for $3.46 billion in loan guarantees from the U.S. Department of Energy (DOE) toward the construction of Plant Vogtle units 3 and 4, near Waynesboro, Ga. By securing the federal loan guarantees, Georgia Power expects to be able to provide $225 million to $250 million in present-value benefits to its customers....

2014-02-20 16:21:35

U.S. Secretary of Energy, company leaders mark historic milestone in ceremony at nuclear expansion project site ATLANTA, Feb. 20, 2014 /PRNewswire/ -- U.S. Secretary of Energy Dr. Ernest Moniz today joined Southern Company leaders in a ceremony at the site of the Plant Vogtle units 3 and 4 nuclear expansion project in Georgia to announce that subsidiary Georgia Power has secured approximately $3.46 billion in loan guarantees from the U.S. Department of Energy (DOE) toward the...

2014-02-13 00:20:41

TUCKER, Ga., Feb. 12, 2014 /PRNewswire/ -- As of 9:00 PM today, Georgia's electric membership cooperatives (EMCs) are reporting 78,300 customers without power as a result of snow and sleet blanketing much of north and central Georgia. Since the storm began, power has been restored to 51,400 customers. Customers should report power outages by contacting their local EMC and stay away from downed lines and report them immediately to their local utility or call 911. Georgia EMC is...

2014-02-12 16:22:13

TUCKER, Ga., Feb. 12, 2014 /PRNewswire/ -- As of 3:00 p.m., Wednesday, February 12, the electric membership cooperatives (EMCs) are reporting approximately 45,000 customers without power, down from 60,000 at noon. The reduction in outages would be even greater but while some areas were repaired, other areas experienced new outages. Nonetheless, crews have been stationed in north and central Georgia and made great progress. Outages have been caused by heavy snowfall and ice forming...

2014-02-12 12:25:06

TUCKER, Ga., Feb. 12, 2014 /PRNewswire/ -- Georgia's electric membership cooperatives (EMCs) are reporting more than 60,000 customers without power as a result of snow and sleet blanketing much of north and central Georgia. The EMCs, Georgia Transmission and Georgia EMC began activating its disaster response plans on Monday and have been on stand-by to respond quickly to outages. The winter mix combined with freezing temperatures is causing trees to fall, breaking power lines and...