The interior of the unfinished Unit 2 nuclear reactor pictured Sept. 12, 2024, at VC Summer nuclear site near Fairfield. (Provided by S.C. Nuclear Advisory Council)
A sales agreement approved Monday by Santee Cooper would remove $2.7 billion worth of debt from customers’ power bills as part of a major nuclear restart in the Palmetto State.
More than eight years after abandoning the project, the state-owned utility’s governing board unanimously passed an agreement, known as a memorandum of understanding, with New York investment firm Brookfield Asset Management for the purchase of two partially built nuclear reactors at the V.C. Summer nuclear plant in Fairfield County…