Santee Cooper
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Renewables
Solar Farm Will Power Meta Data Center in South Carolina
A major solar farm owner and operator is partnering with an electric cooperative to build a 100-MW solar power facility that will serve Meta’s first data center in South Carolina. Meta, the parent of Facebook, Instagram, and other social media and communication platforms, is expanding its relationship with Silicon Ranch, a project developer and independent […]
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Trends
Santee Cooper Seeks Proposals to Complete AP1000 Units at V.C. Summer Nuclear Site
South Carolina’s largest power provider Santee Cooper has issued a request for proposals (RFP) aimed at finding a buyer—or visionary—to take on what remains of the Virgil C. Summer Nuclear Station expansion. The two partly constructed AP1000 projects, abandoned in 2017 after a cascade of delays and cost overruns, could now offer a second chance […]
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Gas
South Carolina Plant Will Add 180 MW of Gas-Fired Capacity
Santee Cooper’s board of directors approved the planned expansion of the utility’s Rainey Generating Station as a shared resource with Central Electric Power Cooperative. The additional 180 MW of generation capacity will come from a combined cycle conversion project. Officials on Dec. 20 said the new installation will include two heat recovery steam generators, a […]
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Nuclear
Indictment of Former Westinghouse Executive Charged in Connection with V.C. Summer Nuclear Project Dismissed
Former Westinghouse Electric Co. Senior Vice President Jeffrey A. Benjamin’s motion to dismiss for grand jury bias a federal indictment issued in August 2021 alleging he concealed damaging information concerning the V.C. Summer nuclear expansion project schedule was granted by U.S. District Judge Mary Geiger Lewis on August 2, 2023, in Columbia, South Carolina. Benjamin […]
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Press Releases
Fish Travel from Santee River to Lake Marion for the First Time in 80 Years
Electric Power Research Institute, Santee Cooper and Whooshh Innovations conduct field study of fish passage portal. PINEVILLE, S.C. – For more than 80 years, the Santee Spillway has helped control water flow between Lake Marion and the Santee River, but it has also blocked the migration of fish swimming upstream to spawn. Now, a new […]
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Nuclear
Former SCANA CEO Will Land in Prison as Result of V.C. Summer Nuclear Project
Kevin B. Marsh, former CEO of SCANA Corp., was sentenced to two years in federal prison after pleading guilty to conspiracy to commit mail and wire fraud related to the V.C. Summer nuclear expansion project. Marsh is the first defendant in the case to be sentenced as a result of the investigation. However, the U.S. […]
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News
Senior Exec Will Plead Guilty to Fraud in Abandoned Nuclear Project
The man considered second-in-command at the former SCANA Corp. has agreed to plead guilty to criminal conspiracy fraud charges stemming from his role in the failed V.C. Summer nuclear power plant construction project. Stephen A. Byrne, SCANA’s former chief operating officer, will plead guilty for his alleged criminal actions, according to a document filed June […]
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Business
Public vs. Private: The Debate Continues
In the September issue of POWER , I wrote about a public utility (JEA) that is exploring privatization, and in October, I looked at a city (Boulder, Colorado) that is exploring municipalization. While I think
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News
Dispute Flares About Equipment at Abandoned V.C. Summer Nuclear Project
The fight about who owns equipment at the now-abandoned V.C. Summer 2 and 3 AP1000 reactors in South Carolina intensified on May 14, as key stakeholder Santee Cooper sued lead contractor Westinghouse for certification documentation related to that equipment. The lawsuit filed with the U.S. District Court for the District of South Carolina, Charleston Division, […]
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News
Regulators Back Dominion Takeover of SCANA
Dominion Energy’s bid to purchase SCANA Corp. and its South Carolina Electric & Gas (SCE&G) utility, approved by South Carolina regulators on Dec. 14, could bring some stability to SCANA. Shareholders hope that’s the case; they’re excited about swapping their devalued SCANA shares for more valuable Dominion stock. Workers, though, remain uncertain about their futures, […]
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Nuclear
Insiders Doubted SCANA’s Ability to Manage Nuclear Project
Santee Cooper executives doubted SCANA Corp.’s ability to properly manage the V.C. Summer nuclear expansion project for years before the project was ultimately abandoned in July 2017, according to an article published by The Post and Courier, a Charleston, S.C., newspaper. Santee Cooper—a state-run utility—partnered with SCANA as owners of the project; SCANA holds a […]
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Legal & Regulatory
SCANA Sale in Doubt as Questions Swirl
Several possible suitors for SCANA Corp. emerged last fall when it became evident the South Carolina utility needed a lifeline, after SCANA subsidiary South Carolina Electric and Gas Co. (SCE&G) and state-owned Santee Cooper pulled the plug on the V.C. Summer nuclear project (Figure 1). Now the question is whether those who lost out to […]
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Legal & Regulatory
Georgia Regulators: Change Vogtle Economics or Cancel Project
A new analysis by staff at Georgia’s Public Service Commission (PSC) says continuing construction of two AP1000 reactors at the Plant Vogtle nuclear facility near Waynesboro, Georgia, is not economic, and the group says that unless Georgia Power agrees to modify its conditions for completing the project to ensure it will be financially viable, the […]
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Nuclear
Officials Ponder Santee Cooper Sale in Wake of Failed Nuclear Project
South Carolina Gov. Henry McMaster (R) wants to sell Santee Cooper, the state-owned utility, even as state lawmakers discuss how to deal with the group’s involvement in the abandoned V.C. Summer nuclear project. Lawmakers also disagree with who should advise the state on a possible sale. Leaders of South Carolina’s House and Senate have hired […]
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Legal & Regulatory
DOE Offers Another $3.7 Billion in Loan Guarantees for Vogtle Project
Energy Secretary Rick Perry said in a statement that the “future of nuclear energy in the United States is bright” as his agency on September 29 announced another $3.7 billion in loan guarantees for continued construction of two new nuclear reactors at Plant Vogtle in Georgia. The Department of Energy (DOE) has guaranteed another $1.67 […]
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Nuclear
SCANA, Santee Cooper Monetize Settlement Payments from Toshiba to Minimize Risk
SCANA Corp. and Santee Cooper moved to cash in a $2.2 billion settlement with Toshiba—even though it will cost them $171 million—rather than risk collecting guaranty payments from the Japanese conglomerate over the next five years for the unfinished V.C. Summer nuclear expansion. Just days before the utilities decided to abandon the project, Toshiba on […]
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Nuclear
S.C. AG, State Lawmakers Press for Criminal Investigation of SCANA’s Role in V.C. Summer Nuclear Expansion Collapse
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 […]
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Legal & Regulatory
Feds Subpoena Documents Related to 2016 Bechtel Audit of V.C. Summer Nuclear Expansion
SCANA Corp. and Santee Cooper—utility partners that recently abandoned a two-unit expansion at the V.C. Summer nuclear plant—have received federal subpoenas for documents associated with a much-guarded February 2016 assessment report conducted by Bechtel, documentation of meetings with the firm, and documentation of site walk-downs and real-time observations at the half-built project. A copy of […]
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Legal & Regulatory
Suit Claims Santee Cooper Charging Customers for Unbuilt Coal Plant
A lawsuit filed in South Carolina wants state-owned utility Santee Cooper to sell the parts from a coal-fired power plant project it suspended in 2009, saying customers should receive the proceeds as payback for Santee Cooper raising residential and commercial rates after the project was stopped. Conway, S.C., attorney George Hearn Jr. filed the lawsuit […]
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Power
SCANA Reverses Move to Abandon V.C. Summer Nuclear Project
SCANA Corp. is withdrawing a petition submitted to regulators seeking to abandon the construction of Units 2 and 3 at the V.C. Summer Nuclear Station in South Carolina. The company’s subsidiary South Carolina Electric and Gas (SCE&G) said on August 15 that it will voluntarily withdraw its abandonment petition filed just two weeks ago with […]
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Nuclear
UPDATED: SCANA, Santee Cooper Abandon V.C. Summer AP1000 Nuclear Units, Citing High Costs
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 […]
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Nuclear
SCANA, Santee Cooper Buy More Time for V.C. Summer Decision
SCANA Corp. subsidiary South Carolina Electric & Gas Co. (SCG&E) and Santee Cooper—owners of the two-unit expansion of the V.C. Summer nuclear plant—have extended an interim assessment agreement with Westinghouse to allow the project’s owners to “continue to make progress on the site.” The companies on June 26 extended the agreement to August 10, but it […]
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Nuclear
V.C. Summer Nuclear Expansion Costs to Surge by Nearly $1B
Delays and other contested costs are expected to push the price for two new units being constructed at the V.C. Summer Nuclear Generating Station up by $980 million, a petition freshly filed by South Carolina Electric & Gas Co. (SCE&G) with the Public Service Commission of South Carolina (SCPSC) shows. SCE&G made the filing to […]