Reiko A. Kerr,
Senior Vice President, Finance and Administration, and Chief Financial Officer
Learn about MEAG Power, including Featured News, Key Projects, and The Team.
The Municipal Electric Authority of Georgia (MEAG Power) is a nonprofit, statewide generation and transmission organization. Recognized as one of the leading joint action agencies in the country, MEAG Power is among the top public power companies nationwide in terms of annual net generation, megawatt-hour sales and electric revenue. Its diverse, clean energy portfolio – delivering, on average, 66% emissions-free energy from 2018-2022 – compares favorably with both the state and national averages. Created by the Georgia General Assembly in 1975, MEAG Power provides reliable, competitive wholesale electricity to its 49 member communities (Participants), who own their local distribution systems, through take-or-pay contracts. MEAG Power also monitors and advocates on energy issues at the state and federal levels on behalf of its Participants.
MEAG Power has more than $12 billion in assets and delivered 11 million MWh of electricity in 2021 through a generation fleet with a capacity of more than 2,000 MW. MEAG Power owns more than 1,300 miles of high-voltage transmission lines and more than 200 substations. Its generation fleet includes co-ownership of two nuclear and two coal-fired generating plants and sole ownership of a natural gas combined cycle facility. MEAG Power is also a co-owner of the new nuclear Plant Vogtle Units 3&4, estimated to come online in 2023 and 2024.
Our Projects
Project One, established and financed under the Power Revenue Bond Resolution, consists of undivided ownership interests in nine generating units, separately owned transmission facilities and working capital.
Projects Two, Three and Four (the General Resolution Projects), established and financed under the General Power Revenue Bond Resolution, consist of additional undivided ownership interests in seven generating units.
The Combined Cycle Project, established and financed under the Combined Cycle Project Bond Resolution, consists of ownership in Wansley Unit 9 and includes two combustion turbines, two supplementary fired heat recovery steam generators, and one steam turbine.
MEAG Power also has an ownership interest, through the Vogtle Units 3&4 Project Entities M (off-taker is MEAG Power Participants), J (off-takers are JEA and MEAG Power Participants), and P (off-takers are PowerSouth Energy Cooperative and MEAG Power Participants), in two additional nuclear generating units under construction at Plant Vogtle, Units 3 and 4, which are estimated to come online in 2023 and 2024.
Our Participants
Acworth, Adel, Albany, Barnesville, Blakely, Brinson, Buford, Cairo, Calhoun, Camilla, Cartersville, College Park, Commerce, Covington, Crisp County, Doerun, Douglas, East Point, Elberton, Ellaville, Fairburn, Fitzgerald, Forsyth, Fort Valley, Grantville, Griffin, Hogansville, Jackson, LaFayette, LaGrange, Lawrenceville, Mansfield, Marietta, Monroe, Monticello, Moultrie, Newnan, Norcross, Oxford, Palmetto, Quitman, Sandersville, Sylvania, Sylvester, Thomaston, Thomasville, Washington, West Point, Whigham.
For more information about MEAG Power, visit www.meagpower.org.
We are very pleased to share with you that fuel load into the Unit 4 reactor core has begun at Plant Vogtle. The fuel load process marks a crucial milestone toward startup and commercial operation of Unit 4.
During fuel load, nuclear technicians and operators from Westinghouse and Southern Nuclear are scheduled to safely transfer 157 fuel assemblies one-by-one from the Unit 4 spent fuel pool to the Unit 4 reactor core over the coming days.
Startup testing will begin next and is designed to demonstrate the integrated operation of the primary coolant system and steam supply system at design temperature and pressure with fuel inside the reactor. Operators will also bring the plant from cold shutdown to initial criticality, synchronize the unit to the electric grid and systematically raise power to 100%.
This testing -- the same process Unit 3 went through starting late last year -- takes a number of weeks, leading to commercial operation. Vogtle Unit 4 is projected to enter service by the first quarter of 2024.
The Unit 4 fuel load milestone follows Unit 3 entering commercial operation just over two weeks ago, on July 31, becoming the first newly constructed nuclear unit to enter service in the U.S. in more than 30 years.
As always, we will keep you updated on the continued progress toward commercial operation of Vogtle Units 4.
If you have any questions, please feel to reach out to your Regional Manager, Steve Jackson (770-563-0314) or me (770-563-0522).
MEAG POWER PRESS RELEASE
Media Contact: John Marsh, Corporate Communications Manager: jmarsh@meagpower.org
ATLANTA – July 31, 2023 – MEAG Power is pleased to announce that Unit 3 at Plant Vogtle entered commercial service today, adding 250 MW of emissions-free generation capacity to MEAG Power’s portfolio, an equivalent amount to power an estimated 113,500 homes and businesses. Vogtle Unit 3 is the first newly constructed nuclear unit to enter service in the U.S. in more than 30 years.
For more information:
Vogtle Unit 3 has safely reached 100 percent power, marking a major milestone towards commercial operation and service for customers. This milestone marks the maximum energy the unit is licensed to produce in the reactor core and is the first time the unit has reached its expected output of approximately 1,100 electric MW, which can power an estimated 500,000 homes and businesses.
In alignment with the testing performed throughout power ascension, testing at the 100 percent power level is focused on the operation of the reactor, plant control systems for the reactor and support systems, and integrated plant operations. Plant performance is monitored at various conditions and data is gathered and evaluated by site engineers. With the unit reaching full power for the first time, other tests must be performed at this power level before the unit is available for reliable dispatch in accordance with its combined operating license.
Once all startup testing is successfully completed and the unit is available for reliable dispatch, Vogtle Unit 3 will enter commercial operation. Unit 3 is projected to be placed in service during June 2023.
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