Elliott said additional costs to South Carolina power companies could be recovered. Utilities, for instance, could charge big industries for the right to use power lines, even if the utilities are buying power outside the state.

Santee Cooper, the big power provider in South Carolina, has tapped financial advisers to look for buyers that can restart construction on a pair of nuclear reactors that were mothballed years ago. The state-owned utility is betting interest will be strong,

State leaders hope private industry will step in to finish building two nuclear reactors, after customers were left with $5.7 billion in charges.

South Carolina’s largest utility company, Santee Cooper, is the latest energy provider to embrace nuclear power as demand for artificial intelligence continues to soar. Santee Cooper, also known as the South Carolina Public Service Authority,

Efforts are underway to bring back the V.C. Summer nuclear construction project that cost ratepayers billions of dollars

South Carolina’s state-owned utility is putting a pair of partially built nuclear reactors on the market. Santee Cooper announced Wednesday that it would solicit proposals from potential buyers of the two units,

The utility, Santee Cooper, is trying to sell two nuclear reactors that it abandoned in 2017 as tech companies seek new sources of electricity for data centers.

A South Carolina economic development bill that would help meet demand for new energy generation in the state and that is supported by utilities is once again under consideration by lawmakers. “South Carolina is growing

Public utility company Santee Cooper is seeking buyers for two partially built nuclear units at the V.C. Summer Nuclear Station in Jenkinsville, South Carolina, it said on Wednesday.

South Carolina’s rural electric cooperatives are getting some $500 million in federal money to boost energy capacity from solar, batteries and nuclear power.

Santee Cooper plans to seek investors willing to buy the two unfinished reactors it abandoned at the V.C. Summer Nuclear Station more than seven years ago

South Carolina’s governor likes the idea of completing two nuclear reactors in Fairfield County to provide more power for the state. But plenty of criticism remains, eight years after the work was abandoned amid rising costs.