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Nuclear power push follows subsidies to boost new reactors
Citizens for Nuclear Technology Awareness head Mal McKibben welcomed the plan as beneficial for the country and South Carolina. Congress has approved subsidies to promote new reactor construction, including insurance against regulatory delay losses. No new U S commercial plant has opened in over 30 years. SCANA and Santee Cooper co own the V C Summer site, with extensions to 2042 but looming needs for new units in 2012 and 2015 as growth requires more power and the utility plans coal turbines in the near term.
MENTIONED IN THIS ARTICLE
Citizens For Nuclear Technology Awareness
Mal McKibben
South Carolina
Congress
United States
SCANA
South Carolina Electric & Gas
Santee Cooper
V.C. Summer
Bill McCall
Lonnie Carter
Ity
Associated Press O
Aed