Vogtle is jointly owned by four entities: Georgia Power (46% ownership), Oglethorpe Power (30%), the Municipal Electric Authority of Georgia (23%), and Dalton Utilities (2%). Once completed, Vogtle will be the largest nuclear power plant in the country. The only nuclear reactors under construction in the United States are Units 3 and 4 at Vogtle nuclear power plant in Georgia. The ownership percentages in Palo Verde range from 29% to 6%. These owners include utilities from Arizona, California, Texas, and New Mexico. nuclear power plant, Palo Verde in Arizona, has seven joint owners. In 2019, 58 nuclear power plants with a total of 96 nuclear reactors were operating in the United States. Complementary expertise from different entities can also potentially increase development and operational efficiency. A joint venture spreads the cost and risk across entities while allowing them to benefit from capacity portfolio diversity and the economies of scale that large generation assets provide. Joint ownership reduces risk by sharing construction and operation costs across multiple entities. These types of power plants tend to be large-scale facilities that are expensive to build, and the technologies come with higher regulatory risks, making joint ownership more attractive by reducing plant ownership risks for each owner. Nuclear capacity had the highest percentage of joint ownership at 37%, followed by pumped-storage hydropower at 34% and coal at 29%. electricity generating capacity was jointly owned. In 2019, about 14% of the 1,099 gigawatts (GW) of total operational U.S. Energy Information Administration (EIA) collects data on whether an electric generator is owned by one company or jointly owned by several companies, and for those jointly owned, each owner’s share of ownership. Energy Information Administration, Annual Electric Generator Inventory
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