Delays for SC nuclear plant pressure industry
By RAY HENRYAssociated Press
ATLANTA (AP) - Delays are piling up as companies build new nuclear plants, raising further questions about whether utilities can control the costs.
SCANA Corp. executives announced this week their contractors building two nuclear reactors in South Carolina say the first reactor won't be ready until late 2018 or the first half of 2019. The second reactor would start running a year later.
The reactors were supposed to be operational in April 2016 and January 2019.
Delays matter because the longer construction takes, the more utility companies and their customers have to pay in financing and other charges.
The announcement in South Carolina raised questions over whether more delays will emerge in Georgia. The same builders are erecting an identical plant for Southern Co. and other owners.Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.