![SCANA, Santee Cooper Monetize Settlement Payments from Toshiba to Minimize Risk](https://www.powermag.com/wp-content/uploads/2014/04/Stock_CashMoney_Commons.jpg)
SCANA Corp. and Santee Cooper moved to cash in a $2.2 billion settlement with Toshiba—even though it will cost them $171 million—rather than risk collecting guaranty payments from the Japanese…
SCANA Corp. and Santee Cooper moved to cash in a $2.2 billion settlement with Toshiba—even though it will cost them $171 million—rather than risk collecting guaranty payments from the Japanese…
SCANA Corp.’s troubles concerning its decision to abandon the V.C. Summer nuclear expansion intensified again this week after South Carolina’s attorney general’s office and state lawmakers urged state law enforcement…
A lawsuit filed in South Carolina wants state-owned utility Santee Cooper to sell the parts from a coal-fired power plant project it suspended in 2009, saying customers should receive the…
Costs to build the two Vogtle AP1000 units under construction in Georgia could range between $18.3 billion and $19.8 billion—and for now, Southern Co. is pinning its hopes to complete…
SCANA Corp. and Santee Cooper have ceased construction of Units 2 and 3 at the V.C. Summer Nuclear Station in South Carolina. The project owners said the decision, prompted by…
More grim news emerged for financially strapped Westinghouse after the Delaware Supreme Court reversed a chancery court decision that the company was counting on to recoup $2 billion from…
SCANA Corp. subsidiary South Carolina Electric & Gas Co. (SCG&E) and Santee Cooper—owners of the two-unit expansion of the V.C. Summer nuclear plant—have extended an interim assessment agreement with Westinghouse to…
Georgia Power officials say the utility continues to work with its partners in the troubled Vogtle nuclear plant to firm up construction timelines and determine the costs to complete two…
A nuclear plant construction project in Georgia that is years behind schedule and billions of dollars over budget has been given a lifeline that at least temporarily eases concerns about…
China National Nuclear Corp. (CNNC) completed the dome lift at Fuqing Unit 5—the world’s first power plant being constructed utilizing the HPR 1000 (also known as the Hualong One) reactor…