SCE&G and state-owned utility Santee Cooper announced they’re ending construction of the multi-billion dollar nuclear power plant project north of Columbia.
The electricity providers gave numerous reasons for scrapping the project, including design flaws that led to cost overruns and expensive delays. The utilities also noted the need for nuclear energy had decreased in the Palmetto State.
The project employed about 5,000 people, and SCE&G has already charged its customers about 1.4 billion dollars so far for the now-abandoned construction.