January 2025 News Archive: Set of development reports fromJanuary, 2025

Luminant's financing be sure application is actually accepted by the DOE and it is actually realized this is the initial replacement the newest five shortlisted plans, a couple of that are now not continuing for the present time. In may 2011 the brand new NRC figured there have been zero environmental considerations who would hamper the project. Although not, in-may 2013 Duke Opportunity (which in fact had absorbed Advances) requested NRC so you can suspend the fresh COL comment on account of estimated energy consult getting low to have next fifteen years. In the August 2017 Duke Times cancelled your panels, citing the newest Westinghouse bankruptcy and you will slowing opportunity consult, and told you it would maybe not take care of the licences. The new bargain is for $7.65 billion ($3462/kWe), away from a total investment cost of on the $14 billion. Yet not, a UAMPS appointment stored within the Oct 2022 shown somewhat higher will cost you to the endeavor than basic projected.

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• SCEG's loan make sure application is recognized by DOE and also the enterprise try quick-listed in Could possibly get 2009, even though little have occurred ever since then.
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Santee Cooper asserted that within the enterprise piece of cake-off it can consistently browse the the chance of government assistance or "more partners" which may improve endeavor economic, and SCE&G echoed it. Duke Times Carolinas got looking to up to ten% of one’s enterprise of Santee Cooper, however, this plan is actually fell within the January 2014. Within the 2014 it had been established you to definitely SCEG’s risk regarding the endeavor will be risen up to sixty% because of the purchase of 5% out of Santee Cooper following bush begins, for approximately $500 million, leaving they with 40%.

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