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Summer Nuclear Station, Unit 1 (credit: Nuclear Regulatory Commission)
South Carolina’s state-owned utility Santee Cooper announced recently that it would have to walk away from its 45 percent share of two nuclear reactors being built at the Summer nuclear plant in Fairfield County.

The decision to abandon the Summer project was essentially a death knell for the unfinished reactors—SCANA Corp, the 55 percent owner, couldn’t complete the project on its own and Santee Cooper had tried selling its share to Duke Energy years before to no avail. Without generous government assistance, Santee Cooper stood to lose billions.
But with the reality of an abandoned nuclear project on the state’s hands, South Carolina Governor Henry McMaster says he’s in talks again with Duke Energy as well as with Southern Power Co. of Atlanta and Dominion Energy of Richmond, VA to sell “some or all” of the publicly-owned utility, according to South Carolina’s Post and Courier.
Santee Cooper also told the paper that it had recently heard from two potential buyers interested in taking over the utility’s portion of the Summer nuclear plant, and a spokeswoman said that it was reaching out to other potential buyers as well.
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