Abandoned

A research group focused on the energy industry and its impact on air pollution said the Chinese government’s decision to no longer provide financing for overseas coal projects has resulted in the cancellation of at least 15 coal-fired power plants in recent months. The group said China’s investments are so far-reaching that the change in […]

SCANA Corp.’s troubles concerning its decision to abandon the V.C. Summer nuclear expansion intensified again this week after South Carolina’s attorney general’s office and state lawmakers urged state law enforcement to conduct a criminal investigation on how it handled the project. The company said in a filing with the U.S. Securities and Exchange Commission on […]

SCANA Corp. and Santee Cooper have ceased construction of Units 2 and 3 at the V.C. Summer Nuclear Station in South Carolina. The project owners said the decision, prompted by analysis of detailed schedule and cost data, would save customers nearly $7 billion. The project, which was about 64% complete, has been in limbo since […]