Review of Request for Nuclear Accounting Order
Synapse was asked by SACE to review Georgia Power Company’s request for an accounting order to record early site permitting and construction operating license costs for new nuclear power plants. Synapse recommended that the Commission reject Georgia Power’s request for the accounting order. Synapse concluded that instead of making any decision regarding the relative economics of new nuclear power plants based on the incomplete record that will be developed in this rushed docket, the Commission should require that the economics of all technically feasible supply-side and demand-side options be investigated in detail in the 2007 IRP proceeding. We also recommended that the Commission also not take any action that would give nuclear power any specific subsidies that are not being provided to other supply-side and demand-side options. Project completed in July 2006.