After two and a half years of negotiations, just when it looked like Duke Energy would buy a portion of a new nuclear plant in South Carolina, the company announced it has cut off negotiations.

South Carolina Office of Regulatory Service

Construction on some of the first nuclear plants in decades has suffered delays but is recovering ground, regulators of the project say.  The two new reactors at the Virgil C. Summer Nuclear Station in Jenkinsville, South Carolina will take more than six months longer than projected, at a potential cost of $200 million. The regulators blame a new building process for the delays, but do not rule out ratepayers covering the cost.