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Showing posts with the label Santee Cooper

The Nuclear Resurgence and Reasonable Expectations

Over the past few days we've seen a number of announcements that have given some folks pause over the near-term prospects for a resurgence in the American nuclear energy industry. In particular, we've seen both SCANA in South Carolina and a group in Idaho headed by Warren Buffet pull away from plans to build reactors. For some insight into why these decisions were made, I asked NEI's Vice President of Policy Development, Richard J. Myers , to weigh in with his thoughts: We’ve seen a couple of announcements over the last few days that various companies are adjusting their plans for new nuclear generating capacity. Mid-American Energy announced that it will not pursue development of a new nuclear plant in Idaho – partly due to concerns about cost, partly because of difficulties in coming to terms with suppliers over risk-sharing. South Carolina Electric & Gas and Santee Cooper also announced that they would defer their application for a construction/operating lice...