Settlement reached over Summer equipment ownership

September 3, 2020, 2:59PMNuclear News

South Carolina’s state-owned utility Santee Cooper and Westinghouse Electric Company have finalized the terms of a settlement for determining ownership of equipment associated with the Summer plant’s abandoned nuclear new-build project. The settlement agreement gives Santee Cooper full ownership of, and the ability to immediately begin marketing, all nonnuclear equipment, the utility announced on August 31.

To continue reading, log in or create a free account!

Related Articles

Vogtle-4 hits start-up milestone

February 15, 2024, 9:30AMNuclear News

Georgia Power’s Vogtle-4, located near Waynesboro, Ga., reached initial criticality this week, hitting a major milestone in the start-up of the reactor.The company announced the news on...

Czech Republic to build 4 new reactors

February 1, 2024, 7:00AMNuclear News

The Czech government is looking to accelerate the pace at which it is adding nuclear energy to its grid. Officials announced yesterday that it plans to build up to four nuclear...

2024: The State of Advanced Reactors

January 19, 2024, 3:07PMNuclear NewsMatt Wald

Designs for high-tech products, and the start-ups that offer them, will always outnumber the commercial successes. Ditto: many more power plants are proposed than actually get built, no matter...

2023 in Review: April–June

January 11, 2024, 7:00AMNuclear News

Another calendar year has passed. Before heading too far into 2024, let’s look back at what happened in 2023 in the nuclear community. In today's post, compiled from Nuclear News and Nuclear...