V.C. Summer Nuclear Project Abandoned After $9 Billion Failure - Ratepayers Forced to Pay $2.3 Billion for Never-Built Reactors
On July 31, 2017, SCANA Corporation and South Carolina’s state-owned utility Santee Cooper abandoned the V.C. Summer nuclear expansion project after a decade of construction, $9 billion in expenditures, and massive cost overruns. Despite the complete failure to deliver any functioning nuclear …
SCANA Corporation
Santee Cooper
Kevin Marsh
Stephen Byrne
Westinghouse Electric Company
+2 more
corporate-fraud
institutional-capture
regulatory-capture
utility-corruption
consumer-exploitation
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