SCANA withdraws — for now — petition to abandon $18 billion nuclear project

S.C. Electric & Gas has withdrawn its petition to abandon the V.C. Summer Nuclear plant expansion— whose price tag has ballooned to at least $18 billion — to give time for state government review the decision. The company reserves the right to refile its petition. And in announcing its withdrawal, it stands by the original decision to abandon construction, even though almost $9 billion has already been spent on the project. The state’s review of that decision could include efforts to find…

from Charlotte Business News - Local Charlotte News | Charlotte Business Journal https://www.bizjournals.com/charlotte/news/2017/08/15/s-c-electric-gas-has-withdrawn-its-petition-to.html?ana=RSS%26s=article_search