nuclear-news

Attorney for SCANA defends deletions to critical SC nuclear report 

The State. BY TOM BARTON, tbarton@thestate.com, November 14, 2018 COLUMBIA, S.C. 

Atlanta-based attorney George Wenick testified during Day 10 of S.C. Public Service Commission hearings into the failed effort by SCE&G, a SCANA subsidiary, to build two nuclear reactors in Fairfield County. The commission also is considering SCE&G’s future electric rates and a proposal by Dominion Energy to buy SCE&G’s parent, SCANA.

The report by the San Francisco-based Bechtel Corp., completed in February 2016, showed SCE&G knew the project was troubled long before it collapsed……

SCANA chief executive Jimmy Addison last week testified he never had read the damning Bechtel report and never intends to, calling it “history.” But, he added, he wished it had been disclosed to the Public Service Commission and the public in 2015.

At stake is who will pay for the failed nuclear project — SCE&G’s customers, SCANA’s shareholders or both — and how big the future power bills will be for SCE&G’s roughly 730,000 electric customers.

SCE&G increased the electric rates for its typical residential customer by about $27 a month to pay for the nuclear project before it pulled the plug on the unfinished reactors in July 2017. Subsequently, the PSC cut SCE&G’s nuclear-related rates temporarily.

Wenick’s testimony could also be used in ongoing federal investigations by the U.S. Department of Justice and Securities and Exchange Commission. https://www.thestate.com/news/politics-government/article221641145.html

November 15, 2018 - Posted by Christina Macpherson | Legal, USA