V.C. Summer Halts Construction
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Published: August 22, 2017
As many are aware, SCE&G, a subsidiary of SCANA, announced July 31st that the construction at V.C. Summer Nuclear Station was suspended indefinitely. Work began in 2008 to build two AP1000 pressurized water reactors at the site. Billions of dollars have been poured into the project, which was a landmark in the commercial nuclear industry, being the first new construction in the U.S. commercial nuclear industry since the 1970s. Many fear that abandoning this project will be detrimental to the future of the commercial nuclear industry.
SCANA Chairman and CEO Kevin Marsh said “Many of our employees have worked extremely hard over the years to build these new units. That’s one of the factors that makes this decision particularly difficult. We are deeply grateful for all their contributions and will do our best to support those affected by these changes. We also recognize the impact that our path forward will have on customers, communities, shareholders, and the nuclear industry as a whole.”
Varying reports estimate that as many as 6,000 people were released from V.C. Summer. With so many being affected, South Carolina Governor Henry McMaster announced earlier this month that a coalition, “Employ SC”, has been created along with companies including major utilities and industrial firms. Through this partnership, many job fairs have been scheduled to assist those facing unemployment.
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Source: Absolute Consulting and SCANA Corporation.
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