nuclear power

Santee Cooper and SCE&G had been adding two reactors at the V.C. Summer nuclear plant in Fairfield County.
Santee Cooper

Updated 2:03 p.m.
Virginia's Dominion Energy said Wednesday it will buy embattled South Carolina electric utility SCANA for about $7.9 billion in stock. Dominion also will assume SCANA's debt, making the deal worth a total of $14.6 billion. Dominion also is offering to cut rates for customers of SCANA's South Carolina Electric & Gas subsidiary, and absorb other costs of a failed nuclear project north of Columbia. 

Reactors 3 and 4 under construction at Plant Vogtle near Augusta, Ga., in November 2017.
Georgia Power

By JONATHAN LANDRUM Jr.
Associated Press 

ATLANTA — Georgia's utility regulators are allowing construction to continue on two new nuclear reactors, despite massive cost overruns for the multi-billion-dollar project.

Thursday's unanimous decision by the state's Public Service Commission will shape the future of the nation's nuclear industry, partly because the reactors at Plant Vogtle were the first new ones to be licensed and to begin construction in the U.S. since 1978.

In February, workers used a giant crane to lower a containment vessel ring into place at the V.C. Summer nuclear plant in Fairfield County, S.C.
SCANA

Federal securities regulators are investigating a scuttled nuclear reactor construction project in South Carolina, according to a release Tuesday from one of the plant's co-owners. 

Santee Cooper and SCE&G had been adding two reactors at the V.C. Summer nuclear plant in Fairfield County.
Santee Cooper

COLUMBIA, S.C.  — The retiring CEO of one of two utilities that abandoned a nuclear power project in South Carolina argues against selling the pieces, saying the reactors will be completed someday.

Drawing shows design for the W.S. Lee Nuclear Plant in Cherokee County, S.C.
Westinghouse Electric Co./Duke Energy

Duke Energy announced last week it's pulling the plug on two proposed nuclear power projects.  But executives say Duke isn't shutting the door on the idea of building more nuclear plants someday.

AP 1000 westinghouse
Westinghouse Electric

For the second time in a week, Duke Energy has canceled a planned nuclear project. Duke said Tuesday it's dropping plans to build the proposed Levy Nuclear Plant on Florida's Gulf Coast. That's after it canceled plans for the W.S. Lee nuclear plant in South Carolina last Friday.

Drawing shows design for the W.S. Lee Nuclear Plant in Cherokee County, S.C.
Westinghouse Electric Co./Duke Energy

Updated Aug. 26, 2017

Duke Energy wants to increase electricity rates by an average of 17 percent for residential customers in western North Carolina, including Charlotte. The higher rates would pay for new facilities, cleaning up coal ash - and for a South Carolina nuclear plant the company has decided not to build.

In February, workers used a giant crane to lower a containment vessel ring into place at the V.C. Summer nuclear plant in Fairfield County, S.C.
SCANA

A decade ago, nuclear power’s future looked bright. It offered a carbon-free energy alternative amid worries about greenhouse gases and climate change. But a lot has happened since then, like the 2011 meltdown at Fukushima and skyrocketing nuclear construction costs. Last month, two South Carolina utilities scrapped a multi-billion dollar nuclear project. Now, the future of nuclear is even cloudier. 

In February, workers used a giant crane to lower a containment vessel ring into place at the V.C. Summer nuclear plant in Fairfield County, S.C.
SCANA

Updated at 3:47 p.m. 

Some South Carolina Lawmakers have called for a special session to deal with the abandonment of two nuclear reactors announced earlier this week. $9 billion has already been spent building the V.C. Summer plant about 30 miles north of Columbia.

In February, workers used a giant crane to lower a containment vessel ring into place at the V.C. Summer nuclear plant in Fairfield County, S.C.
SCANA

Updated 5:15 p.m.
Two South Carolina utilities said Monday they are halting construction on an expansion of a nuclear plant about 30 miles north of Columbia. Now the question is who pays for the $9 billion dollars already spent.

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