Lawmakers discuss if VC Summer site is still viable, 7 years after project was abandoned

Lawmakers discuss if VC Summer site is still viable, 7 years after project was abandoned

Type: 
Press Mention
Date of Release or Mention: 
Wednesday, October 16, 2024

News 19 WLTX

Author: Josie Frost

FAIRFIELD COUNTY, S.C. — South Carolina lawmakers are discussing the viability of the V.C. Summer Nuclear Station construction site, where two nuclear reactors were abandoned in 2017.

The site has already been home to a reactor for 40 years. But a decade and a half ago, Santee Cooper and SCE&G (now Dominion Energy) agreed to build two more reactors at the site. They spent billions on the project before walking away from it. The fiasco led to thousands losing their jobs, multiple indictments and convictions of executives, and, in part, SCE&G and its parent company SCANA merging with Dominion Energy. 

However, at a meeting Wednesday for the Special Committee on South Carolina’s Energy Future, lawmakers discussed several ways to expand the state's energy capabilities. The committee has heard testimony from utilities, saying the state's energy needs are expanding. They discussed the viability of a proposed gas plant in Candadys near the Edisto River and restarting construction on the two abandoned reactors at the Fairfield County VC Summer site, which sit alongside one functioning reactor. 

The project's failure forced ratepayers to foot the $9 billion bill under the Base Load Review Act, which allowed utilities to raise rates for a project ahead of its construction. Many South Carolinians are still paying for the project's costs through their monthly utility bills despite it never generating a watt of power. 

"There is a legitimate need for energy that's real," said Lynn Teague, VP of Issues and Action of the League of Women Voters of South Carolina. "They don't deserve a profit if they ask us to take the risk. And we're not willing. I think most of us are not willing to take a risk again." 

Dominion and Santee Cooper would need authorization for a joint partnership, like the one required for the Canadys facility and the VC Summer Site. 

"I will say that if it were to happen, it should never happen under the conditions of the previous construction," said Lynn Teague, Vice President of Issues and Action of the League of Women Voters of South Carolina. "They doubtless would have had second thoughts about what they were doing if they had realized their own company was at risk. They're now asking for capital cost tracking, that amounts to the same thing: the public pays before there's a plan."

But Dominion and Santee Cooper are steering clear of any association with the site for now. 

In a statement, Dominion Energy spokesperson Rhonda Maree O’Banion said the company "has no plans to restart construction of additional units at V.C. Summer."

Santee Cooper shared similar statements, writing, "We are working with the South Carolina Nuclear Advisory Council and others to provide access so that they can consider a formal evaluation of the site and equipment, but Santee Cooper at this point is not interested in owning or operating those units."

Read the full article at the link above. 

League to which this content belongs: 
South Carolina