South Carolina

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New Details on Abandoned V.C. Summer Nuclear Project Show Its Developers ‘Papered Over’ Problems While They Charged Ratepayers Billions

Louisville Courier-Journal: Nine years into their effort to build two new nuclear reactors, SCANA and Santee Cooper officials were confronted this summer with a painful reality: billions of dollars from ratepayers had taken them only so far. Newly-obtained emails, letters and other documents show: Finishing the project would require at least 23 million man hours […]

September 11, 2017 Read More →

Long-Secret Report Shows How Utility Knew 18 Months in Advance of Multibillion-Dollar Nuclear Plant ‘Fiasco’ It Wants Its Customers to Pay For

(Columbia, S.C.) State: S.C. lawmakers Tuesday urged state regulators to block SCE&G from charging its customers any more for the failed V.C. Summer nuclear project, a day after the release of a report that diagnosed critical problems at the construction site about 18 months before its abandonment. That report, completed by Bechtel Corp. in February […]

September 6, 2017 Read More →

Duke Energy Asks Customers to Foot Bill for $646 Million Loss as Another U.S. Nuclear Project Is Abandoned

Charlotte Observer: Duke Energy said it plans to abandon construction of a nuclear station near Gaffney, S.C., and that it wants customers to pay about $636 million for the scrapped project. Charlotte-based Duke requested Friday that state regulators allow cancellation of its Lee nuclear station, citing in part this year’s bankruptcy filing by nuclear-reactor supplier […]

August 28, 2017 Read More →

South Carolina Study Concludes Agriculture and Solar Industries are Complementary

Southeast Energy News: Building on an April analysis from the North Carolina Sustainable Energy Association and the state’s agricultural agency, the latest study finds that less than a third of 1 percent of North Carolina’s 4.75 million acres of cropland now houses solar panels – belying criticisms that large-scale solar arrays are threatening the state’s […]

August 28, 2017 Read More →

South Carolina Utility Expects Customers Will Pay $2.2 Billion for Company’s Abandoned Nuclear Project

Charleston Post and Courier: South Carolina Electric & Gas isn’t sure when it will move forward with a plan to charge customers for its scuttled nuclear construction project, but executives made clear to investors that the power company would do so eventually. Kevin Marsh, the chief executive of SCE&G parent SCANA Corp., told Wall Street […]

August 17, 2017 Read More →

Editorial: The Solar Pocketbook

Aiken (S.C.) Standard: MTU America flipped the switch last Wednesday in celebration of its new solar panel field in Graniteville. To create the solar panel field, MTU America collaborated with Sol America, SCE&G, the South Carolina Department of Transportation, Key Equipment Finance and Aiken County. They were praised by S.C. Gov. Henry McMaster for working […]

August 16, 2017 Read More →

South Carolina Seeks a Means to Revive Abandoned Multi-Billion-Dollar Nuclear Project

Wall Street Journal: The state of South Carolina is scrambling to salvage a nuclear plant in construction after an energy firm abandoned the project. Last week, Scana Corp. said it would walk away from its project to build two nuclear reactors in tiny town of Jenkinsville—after nine years and $10.4 billion spent. “The move left […]

August 8, 2017 Read More →

Editorial: Solar in South Carolina Is Cheaper Than Gas, Coal or Nukes

Aiken Standard: Two new nuclear reactors under construction in central South Carolina will cost state residents billions of dollars for years to come – even if they never get finished. Solar power, on the other hand, has gotten so cheap in the past few years that the state’s utilities could massively expand their renewable energy […]

May 11, 2017 Read More →

Editorial: Cheap Solar for South Carolina

Charleston Post and Courier: Two new nuclear reactors under construction in central South Carolina will cost state residents billions of dollars for years to come — even if they never get finished. Solar power, on the other hand, has gotten so cheap in the past few years that the state’s utilities could massively expand their […]

May 1, 2017 Read More →

Duke Energy CEO: Presidents Come, Presidents Go (‘the Only Person Running Duke Energy for 2025, 2030 and 2035 is Duke Energy’)

Charlotte Business Journal: Duke Energy CEO Lynn Good says despite talk of “reviving the coal industry” in the Trump administration, coal remains economically and environmentally challenged — and Duke won’t change its move away from the fuel. “We have to look through the changes of administration, the changes in politics and set our vision on […]

April 20, 2017 Read More →