SC Regulators Deny Appeal Over Nuclear Reactors
Stock quotes in this article:
SCG
MEG KINNARD
COLUMBIA, S.C. (AP) — An environmental group said Wednesday it may go to court to try to stop South Carolina's largest private utility from building two nuclear reactors after state regulators threw out the group's petition to block the project. Bob Guild, an attorney who represents Friends of the Earth, said he would review the ruling by the Public Service Commission and could decide to appeal the issue to a circuit court. Guild said he did not know how long the group would have to file an appeal of the panel's decision. Last month, commissioners approved a request by Scana Corp.-owned South Carolina Electric & Gas Co. to build the two 1,100-megawatt reactors along with Santee Cooper at the same site where the utilities currently run a reactor. The V.C. Summer Nuclear Station is near Jenkinsville, about 25 miles northwest from Columbia. The utilities say the new reactors will be needed to meet future power demand. If the state approval stands, then the request will go to federal regulators, a process that could take several years. SCE&G has said it wants to have the first reactor generating power by 2016, and the second in 2019. Rates have been projected to rise an average of 2.5 percent a year for the next 10 years to help pay the financing cost for SCE&G's portion of the $10 billion project.- Loading Comments...
- Loading Comments...
Recent Comments
Featured Photo Galleries
| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,471.50 | 1,106.41 | 2,190.31 | 35.40 |
Oil *
71.66
|
|
UP
65.67
|
UP
4.06
|
DOWN
0.55
|
UP
0.58
|
10 Yr
3.54%
SPDR Gold
109.32
|
|
+0.63%
|
+0.37%
|
-0.03%
|
+1.67%
|
Data delayed 20 minutes |














