The Latest: Construction stops on S Carolina's new reactors


COLUMBIA, S.C. (AP) – The Newest on the choice to cease constructing two nuclear reactors in South Carolina (all occasions native):

2 p.m.

Officers at each utilities that invested in two new nuclear energy crops in South Carolina say they’re stopping development of the multibillion-greenback venture, which has been caught up within the chapter of its contractor.

South Carolina Electrical & Fuel introduced Monday that it additionally plans to desert the reactors beneath development on the V.C. Summer time Nuclear Station north of Columbia.

The choice got here after the board of state-owned utility Santee Cooper voted Monday to halt development. Santee Cooper owns forty five % of the venture and SCE&G and its father or mother firm Scana personal fifty five %.

The undertaking has been shrouded unsure since earlier this yr, when main contractor Westinghouse filed for chapter safety.

The reactors have been set to be among the many first new nuclear reactors constructed within the U.S. in many years.

1 p.m.

South Carolina’s state-owned public utility has voted to cease development on two billion-greenback nuclear reactors.

The reactors have been set to be among the many first new nuclear reactors constructed within the U.S. in many years, however the vote by Santee Cooper’s board on Monday probably ends their future.

Santee Cooper owns forty five % of the venture. South Carolina Electrical & Fuel owns fifty five %. That utility deliberate to replace state regulators on Tuesday.

The challenge has been shrouded unsure since earlier this yr, when main contractor Westinghouse filed for chapter safety.

The utilities introduced final week that Westinghouse’s mother or father firm, Toshiba Corp., agreed to collectively pay them $2.2 billion no matter whether or not the reactors are ever accomplished.

The reactors have been deliberate for the V.C. Summer time Nuclear Station north of Columbia.

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