nuclear-news

South Carolina’s abandoned nuclear plants could be revived as company offers $2.7 billion

 South Carolina´s stalled nuclear power project could finally finish
construction as a private company has offered to pay $2.7 billion to the
state-owned utility and a small share of the power if they can reach an
agreement to get the two reactors up and running. The half-built reactors
ended up so far behind schedule that the project was abandoned in 2017.

However, the potential deal is a long way from complete. There will be up
to two years of negotiations between utility Santee Cooper and Brookfield
Asset Management on the thousands and thousands of details. The deal would also let Brookfield keep at least 75% of the power generated by the new plant that they could mostly sell to whom they want, such as
energy-gobbling data centers. The exact amount of the rest that Santee
Cooper receives would be determined on how much the private company has to spend to get the reactors running.

 Daily Mail 9th Dec 2025, https://www.dailymail.co.uk/wires/ap/article-15368257/South-Carolinas-abandoned-nuclear-plants-revived-company-offers-2-7-billion.html

December 10, 2025 - Posted by Christina Macpherson | business and costs, USA