South Carolina’s State Utility Says Private Firm Set to Restart Abandoned $9 Billion Nuclear Project

Private firm set to restart abandoned $9B SC nuclear project

COLUMBIA, S.C. — South Carolina’s state-owned utility is looking to a private company to revive a project to build two nuclear power plants that was abandoned eight years ago, losing more than $9 billion without generating a watt of power. Santee Cooper’s board agreed last Friday to start six weeks

SC’s state utility enters negotiations on deal to restart failed nuclear project

Nuclear reactor assemblies pictured Sept. 12, 2024, in storage at V.C. Summer nuclear site near Fairfield. (Provided by S.C. Nuclear Advisory Council)COLUMBIA — South Carolina’s state-owned utility is entering negotiations with a New York investment firm to finish partially built nuclear reactors abandoned eight years ago. Santee Cooper’s governing board voted unanimously Friday to allow the power company’s management team to officially begin ne…

SC leaders push to revive canceled $9B reactors to meet growing energy demand

Efforts to finish construction on two canceled nuclear reactors in South Carolina could be moving forward.

VC Summer nuclear project moves closer to revival

Santee Cooper has issued a letter of intent to Brookfield Asset Management to finish construction of two VC Summer nuclear reactors.

South Carolina's state utility says private firm set to restart abandoned $9 billion nuclear project

South Carolina's state-owned utility is negotiating with Brookfield Asset Management to revive a nuclear power project abandoned eight years ago.

State utility says private firm set to restart abandoned $9 billion nuclear project

South Carolina's state-owned utility is negotiating with Brookfield Asset Management to revive a nuclear power project abandoned eight years ago