Nuclear Development Updates
For other investor-related updates, visit Other Investor Information.

Follow the nuclear development project’s progress with our project postings. All information is current as of the date on which it is posted, and the Company disclaims any obligation to update that information.

You can also view a historical timeline of our project's achievements.


November 10, 2014 - SCE&G Files BLRA Status Report for 3rd Quarter, 2014

SCE&G filed its BLRA Status Report for the 3rd Quarter, 2014 with the South Carolina Office of Regulatory Staff, providing updated information on the status of construction of V.C. Summer Nuclear Station Units 2 & 3.

Read the 3Q 2014 BLRA Report (PDF, 1.9MB)
 
October 22, 2014 - South Carolina Supreme Court Affirms the Decision of the Public Service Commission of South Carolina for Construction Cost Updates at SCE&G’s New Nuclear Construction Project at V.C. Summer Station

The South Carolina Supreme Court today issued an opinion unanimously affirming the decision of the Public Service Commission of South Carolina which authorized South Carolina Electric & Gas Company to modify its construction schedule and to update capital costs under the Base Load Review Act for the new nuclear construction project at VC Summer Station.

The opinion may be found at: http://www.judicial.state.sc.us/opinions/HTMLFiles/SC/27456.pdf
 
October 2, 2014 - Preliminary New Nuclear Construction Cost Information from the Consortium

As had been disclosed previously in a press release and in our Form 10-Q filing dated August 11, 2014, during the fourth quarter of 2013, the Consortium began a full re-baselining of the V.C. Summer Unit 2 and Unit 3 construction schedules to incorporate project delays associated with engineering completion, construction lessons learned and component procurement and fabrication.

Read the full update (PDF, 248KB)
 
September 25, 2014 - Public Service Commission of South Carolina Approves SCE&G Rate Adjustment Under Base Load Review Act

On Wednesday, September 24, 2014 the Public Service Commission of South Carolina (PSC) approved an increase of $66,238,000, or approximately 2.82 percent, to the retail electric rates of South Carolina Electric & Gas Company (SCE&G), principal subsidiary of SCANA Corporation (NYSE: SCG). The new rates will be effective for bills rendered on and after October 30, 2014.

Read the full release (PDF, 266KB)
 
August 14, 2014 - SCE&G Files BLRA Status Report for 2nd Quarter, 2014

SCE&G filed its BLRA Status Report for the 2nd Quarter, 2014 with the South Carolina Office of Regulatory Staff, providing updated information on the status of construction of V.C. Summer Nuclear Station Units 2 & 3.

Read the 2Q 2014 BLRA Report (PDF, 822KB)
 
August 11, 2014 -SCANA Corporation Management to Discuss New Nuclear Construction Schedule on August 11, 2014

Cayce, SC, August 11, 2014… SCANA Corporation (NYSE:SCG) will host a conference call today at 3 PM EDT during which Steve Byrne, Chief Operating Officer of South Carolina Electric & Gas Company, will provide an update on the company’s new nuclear project. Included in the discussion will be reference to preliminary information received from the Consortium in August indicating that the substantial completion of Unit 2 is expected to occur in late 2018 or the first half of 2019 and that the substantial completion of Unit 3 may be approximately 12 months later. These expected substantial completion dates do not reflect all efforts that may be possible to mitigate delay, nor has SCE&G accepted this new schedule. The Consortium has not yet provided any cost estimates related to the delay. SCE&G anticipates that the revised schedule and the cost estimate at completion will be finalized in the latter half of 2014. SCE&G plans to reevaluate and reschedule its owners cost estimates and cash flow requirements in light of that new schedule when it is finalized.

Read the full press release (PDF, 115KB)
 
June 3, 2014 -SCEG Places First Ring on Unit 2 Containment Vessel

South Carolina Electric & Gas Company (SCE&G), principal subsidiary of SCANA Corporation (NYSE:SCG), and its partners placed on June 2, 2014, the first of three containment vessel rings for the Unit 2 nuclear reactor, which is among the first nuclear units being built in the U.S. in 30 years.

Read the full press release (PDF, 24KB)

May 30, 2014 - SCE&G Files for Rate Adjustment Under Base Load Review Act

South Carolina Electric & Gas Company (SCE&G), principal subsidiary of SCANA Corporation (NYSE: SCG), filed with the Public Service Commission of South Carolina and the South Carolina Office of Regulatory Staff for an overall 2.99 percent increase to its approved electric rates under provisions of a state law known as the Base Load Review Act, or BLRA. The BLRA effectively reduces the cost of building nuclear power plants in South Carolina by allowing the state’s regulated utilities to adjust rates annually during construction of such plants to recover related financing costs.

Read more here (PDF, 260KB)

May 22, 2014 - SCE&G Places Containment Vessel Bottom Head on V.C. Summer Unit 3 Basemat

South Carolina Electric & Gas Company (SCE&G), principal subsidiary of SCANA Corporation (NYSE:SCG), and its partners placed on May 21, 2014, the containment vessel bottom head (CVBH) on the basemat of V.C. Summer Unit 3. The approximately 900-ton CVBH was lifted into place with the Heavy Lift Derrick, which is one of the world’s largest cranes.

Read the full news release (PDF, 30KB)
 
May 15, 2014 - SCE&G Files BLRA Status Report for 1st Quarter, 2014

SCE&G filed its BLRA Status Report for the 1st Quarter, 2014 with the South Carolina Office of Regulatory Staff, providing updated information on the status of construction of V.C. Summer Nuclear Station Units 2 & 3.

Read the 1Q 2014 BLRA Report (PDF, 1MB)
 
May 12, 2014 - SCE&G Provides Project Update


Read the Project Update (PDF, 400KB)
May 12, 2014 - SCE&G Sets Super Module CA20 in V.C. Summer Unit 2 Nuclear Island

SCE&G placed on May 9, 2014, the CA20 module in the nuclear island of V.C. Summer Unit 2. Considered a “super” module because it is too large to transport and requires assembly on site in the 12-story Module Assembly Building, CA20 is part of the auxiliary building that is located outside and adjacent to the containment vessel.

Read the Press Release (PDF, 25KB)
 
May 1, 2014 - 1st Quarter 2014 Earnings Conference Call - New Nuclear Presentation Section

As part of a new practice, SCANA will now be posting the New Nuclear section of every Earnings Conference Call Presentation to the New Nuclear Yellow Box Updates at scana.com.

Read the Presentation (PDF, 4MB)
April 1, 2014 - SCE&G Provides Project Update


Read the Project Update (PDF, 401KB)
February 11, 2014 - SCE&G Files BLRA Status Report for 4th Quarter, 2013

SCE&G filed its BLRA Status Report for the 4th Quarter, 2013 with the South Carolina Office of Regulatory Staff, providing updated information on the status of construction of V.C. Summer Nuclear Station Units 2 & 3.

Read the 4Q 2013 BLRA Report (PDF, 1.3MB)
January 27, 2014 - SCE&G to Acquire Increased Share of Nuclear Units from Santee Cooper

South Carolina Electric & Gas Company, principal subsidiary of SCANA Corporation, and Santee Cooper, South Carolina's state-owned electric and water utility, announced an agreement for SCE&G to acquire from Santee Cooper a 5 percent ownership interest in the two new nuclear units which are currently under construction at V.C. Summer Station in Jenkinsville, S.C.

Read the full news release (PDF, 208KB)
 

January 3, 2014 - New video posted


In the current video update, SCE&G provides a snapshot of the numerous milestones achieved in 2013 on its nuclear development project at V.C. Summer Nuclear Station.
 
November 8, 2013 - SCE&G Files BLRA Status Report for 3rd Quarter, 2013

SCE&G filed its BLRA Status Report for the 3rd Quarter, 2013 with the South Carolina Office of Regulatory Staff, providing updated information on the status of construction of V.C. Summer Nuclear Station Units 2 & 3.

Read the 3Q 2013 BLRA Report (PDF, 2MB)
 
November 4, 2013 - SCE&G Completes Nuclear Island Basemat Placement for V.C. Summer Unit 3

On November 4, 2013, SCE&G completed on Nov. 4, 2013 placement of the nuclear island basemat for V.C. Summer Unit 3 in Fairfield County, S.C. This major milestone comes just seven months after SCE&G poured the first new construction nuclear concrete in the U.S. in three decades for its Unit 2 nuclear island.

Read the full news release (PDF, 24KB)
 
September 18, 2013 - Public Service Commission of South Carolina Approves SCE&G Rate Adjustment Under Base Load Review Act

On September 18, 2013, the Public Service Commission of South Carolina (SCPSC) approved an increase of $67,240,232 or approximately 2.87 percent to the retail electric rates of South Carolina Electric & Gas Company (SCE&G), principal subsidiary of SCANA Corporation. The new rates will be effective for bills rendered on and after October 30, 2013. Otherwise, the report for the second quarter filed by SCE&G with the SCPSC on August 14, 2013 pursuant to the provisions of the Base Load Review Act continues to be accurate in all material respects.

Read the full news release (PDF, 109KB)
August 30, 2013 - Media Day Held at V.C. Summer Nuclear Station

About 15 members of the South Carolina media gathered at the V.C. Summer Nuclear Station to hear the latest updates on the new nuclear development project and see the construction for themselves.
 
View the photos from the event

August 14, 2013 - SCE&G Files BLRA Status Report for 2nd Quarter, 2013


SCE&G filed its BLRA Status Report for the 2nd Quarter, 2013 with the South Carolina Office of Regulatory Staff, providing updated information on the status of construction of V.C. Summer Nuclear Station Units 2 & 3.

Read the 2Q 2013 BLRA Report (PDF, 2MB)
 

July 26, 2013 - New photos added to Nuclear Construction album


View 17 new photos on Flickr of the arrival of new components at the Unit 2 construction site. 
 

June 12, 2013 - New video posted


Watch the video news story on SCE&G's placement of the containment vessel bottom head.

June 6, 2013 - New photos added to Nuclear Construction album


View 10 new photos of the containment vessel bottom head placement at Unit 2 nuclear site added to SCE&G's Nuclear Construction album on Flickr.

May 30, 2013 - New video posted


Watch the 19 second timelapse video of the placement of the containment vessel bottom head at the Unit 2 nuclear site.

May 22, 2013 - SCE&G Placed Unit 2 Containment Vessel Bottom Head


SCE&G placed the containment vessel bottom head in the Unit 2 nuclear site on May 22, 2013. 

Read full update.