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OPG Completes Darlington Nuclear Station Refurbishment Project Under Budget and Ahead of Schedule

LCG, February 2, 2026--Ontario Power Generation (OPG) announced today that construction on the four-unit Darlington Refurbishment project is now complete. Station staff are completing final testing, and the last unit is expected to return to service in the coming weeks. OPG stated that the overall project is currently four months ahead of schedule and $150 million under budget.

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NERC's New Annual Assessment Shows Rapid Demand Growth Increasing Resource Adequacy Risks Across North America

LCG, January 30, 2026--The North American Electric Reliability Corporation (NERC) yesterday issued its 2025 Long-Term Reliability Assessment (LTRA) and infographic that spotlight intensifying resource adequacy risks throughout the North American bulk power system (BPS) over the next 10 years.

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Industry News

SCG&E Announces Plans to Stop Construction and Abandon New Reactors at V.C. Summer Nuclear Station

LCG, August 2, 2017--South Carolina Electric & Gas Company (SCE&G), a subsidiary of SCANA Corporation (SCANA), announced Monday that it will stop construction of the two new nuclear units (Units) at the V.C. Summer Nuclear Station in Jenkinsville, South Carolina and will file a petition with the Public Service Commission (PSC) of South Carolina seeking approval of its abandonment plan. Normal construction activities at the project site will cease immediately and efforts will be shifted toward an orderly transition of winding down and securing the project property.

After the bankruptcy filing of Westinghouse Electric Company, LLC (WEC), SCE&G and its project co-owner, South Carolina Public Service Authority (Santee Cooper), each began a comprehensive process to evaluate the best path forward for the Units. SCE&G reached its decision after considering: (i) the additional costs to complete the Units, (ii) the uncertainty regarding the availability of federal production tax credits (PTC) for the project, (iii) the amount of anticipated guaranty settlement payments from WEC's parent,Toshiba Corporation (Toshiba), and (iv) other factors, including the decision of state-owned Santee Cooper, to suspend construction of the project.

SCANA's Chairman and CEO stated, "We arrived at this very difficult but necessary decision following months of evaluating the project from all perspectives to determine the most prudent path forward. Many factors outside our control have changed since inception of this project. Chief among them, the bankruptcy of our primary construction contractor, Westinghouse, eliminated the benefits of the fixed-price contract to our customers, investors, and other stakeholders. Ultimately, our project co-owner Santee Cooper's decision to suspend construction made clear that proceeding on our own would not be economically feasible. Ceasing work on the project was our least desired option, but this is the right thing to do at this time. Our belief in the benefits of nuclear generation -- not just for the state, but for the nation -- hasn't changed. As we have been doing for more than 30 years, we will continue providing customers with a valuable low-cost, non-emitting source of generation through our operating nuclear unit at V.C. Summer."

SCE&G plans to use the anticipated payments resulting from the settlement of Toshiba's guaranty to mitigate cost impacts to SCE&G electric customers.

The two, AP1000 units under construction were to have provided a total of approximately 2,200 MW of carbon-free, electric generating capacity to serve customers in South Carolina.
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