uggs schuh Utility to pay millions to preserve abandoned reactor site
(AP) South Carolina’s state owned utility says it will pay millions per year to preserve equipment and parts at an abandoned nuclear reactor site.
Santee Cooper’s acting board chairman told Gov. Summer Nuclear Station aren’t ruined, according to local media reports. The utility said it also plans to spend about $3 million per year for storage warehouses. Finn’s letter to McMaster. The board also will vote to assume ownership of SCANA’s 55 percent stake in the site and its equipment.
Santee Cooper and SCANA subsidiary South Carolina Electric Gas Co. abandoned the project last summer following the bankruptcy of lead contractor Westinghouse. Thousands of people were left jobless after the failure of the project, on which the two companies had already spent billions.
The parts could possibly be salvaged for more than $860 million, according to some reports. SCE and Santee Cooper are expected to sell some equipment to Southern Co., the Georgia utility that’s building a pair of identical reactors south of Augusta.
State lawmakers have said they want the option to sell them, using the money to defray the nearly $10 billion cost of abandoning the project.