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December 11, 2025

South Carolina's abandoned nuclear plants could be revived as company offers $2.7B

  • Interest in the project has grown as power demand in the U.S. surges with the increase in data centers.
    • By JEFFREY COLLINS
    Associated Press

    COLUMBIA, S.C. — South Carolina's stalled nuclear power project could finally finish construction as a private company has offered to pay $2.7 billion to the state-owned utility and a small share of the power if they can reach an agreement to get the two reactors up and running.

    The half-built reactors ended up so far behind schedule that the project was abandoned in 2017. However, the potential deal is a long way from complete. There will be up to two years of negotiations between utility Santee Cooper and Brookfield Asset Management on the thousands and thousands of details.


     
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