V.C. Summer
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NuclearCB&I Out, Fluor In at Vogtle and V.C. Summer Nuclear Power Plant Construction Projects
There has been a major shake up in the contractors involved in both of the new AP1000 nuclear power plant projects under construction in the U.S. Westinghouse Electric Co. LLC, a group company of Toshiba Corp., announced on Oct. 27 that it signed a definitive agreement to acquire CB&I Stone & Webster Inc., the nuclear […]
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NuclearCosts and Deadlines Continue to Challenge V.C. Summer Nuclear Plant Project
With all 40 remaining construction milestones for V.C. Summer Nuclear Station Units 2 and 3 behind schedule (33 by more than 18 months) as of June 30, South Carolina Electric & Gas Co. (SCE&G) awaits approval of the petition it filed with the Public Service Commission of South Carolina (SCPSC) to update its construction and […]
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NuclearV.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 […]
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NuclearConstruction Delayed at V.C. Summer Nuclear Plant
Steve Byrne, chief operating officer for South Carolina Electric & Gas Co. (SCE&G), provided an update on the company’s new nuclear construction project at the Virgil C. Summer Nuclear Generating Station during a conference call held on Aug. 11. On the call, Byrne disclosed that the construction consortium informed SCE&G this month that the substantial […]
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NuclearReport Compares and Contrasts Owners of New Nuclear Plants
A report released this week by Moody’s Investors Service provides an interesting analysis of two companies knee-deep in nuclear plant construction projects. The peer comparison takes a look at Georgia Power Co.—a Southern Co. subsidiary—and South Carolina Electric & Gas Co. (SCE&G)—a SCANA Corp. subsidiary. Georgia Power is adding two new units to its Alvin […]