NEWS: SC's state utility to consider offers for restart of failed nuclear expansion project

South Carolina may finally revive its failed V.C. Summer nuclear project. (South Carolina Daily Gazette)

  • State utility Santee Cooper meets today to review bids to restart construction of the two unfinished AP1000 reactors—a project halted in 2017 after $9B in losses and multiple executive fraud convictions.

  • More than 50 groups, including utilities, investors, and tech companies, submitted to take over the build using private capital at private risk, potentially bringing 2,200 MW of carbon-free power online.

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