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August 1, 2017

After spending $5B, utilities to stop work on two nuclear reactors in South Carolina

  • Santee Cooper said completing the project would have cost an additional $8 billion, plus $3.4 billion in interest, and wouldn't have been done until 2024.
    • By SEANNA ADCOX
    Associated Press

    AP Photo/Chuck Burton [enlarge]
    V.C. Summer Nuclear Station’s unit two’s turbine, right, and containment unit, center, are shown near Jenkinsville, S.C., in 2016. The project has been shrouded in doubt since earlier this year, when primary contractor Westinghouse filed for bankruptcy protection.

    COLUMBIA, S.C. — The owners of two nuclear reactors under construction in South Carolina decided Monday to cease operations at the project, which has been beset by delays and cost overruns.


     
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