President Obama is expected to announce today federal loan guarantees under the Energy Policy Act of 2005 for construction of two new reactor units at Southern Company’s Plant Vogtle in Burke, Ga., south of Augusta.
From The Atlanta Journal Constitution, “Obama to announce Georgia nuke loan guarantees today“:
An Obama official … confirmed the news to the AJC on Monday, saying the president would travel to Lanham, Md., today, where he will tour a training center that includes applications for clean energy and low-carbon technologies, including the construction of nuclear plants. Secretary of Energy Steven Chu will join the president on the tour.
AP and UPI report that the President’s trip is to a jobs training center housed at an International Brotherhood of Electrical Workers Local 26 and the National Electrical Contractors Association site.
The Senate is expected to take up a “jobs bill” when it returns from the Presidents Day recess next week. If you’re talking jobs, policies that support nuclear power are a good way to go. From Southern Company’s website on the Plant Vogtle project:
- Up to $14 billion of investment in the state of Georgia
- 3,500 quality jobs during construction
- 800 high-paying jobs for the life of the plant
- Tax dollars to the local communities and the state over the expected 60-year life
Southern has much good information at its website, the section, “Building New Plants.”