Reviving Nuclear Energy in South Carolina
In response to the increasing energy demands driven by artificial intelligence (AI) technologies, the South Carolina Public Service Authority, known as Santee Cooper, is seeking to resume the construction of nuclear reactors at the V.C. Summer Nuclear Station. This initiative comes as tech giants like Microsoft Corporation and Amazon.com Inc. require more clean energy to power their data centers.
Partnership and Project Details
Santee Cooper has partnered with Centerview Partners to facilitate this ambitious project. The authority is currently accepting proposals until May 5, aiming to find buyers willing to invest in the continuation of the nuclear reactors' construction. The original project, initiated in 2017 in collaboration with South Carolina Electric & Gas, saw an investment of approximately $9 billion before being halted due to the bankruptcy of Westinghouse Electric Co., the project's builder.
Looking Ahead
This move by Santee Cooper signifies a pivotal shift towards embracing nuclear energy as a sustainable solution to meet the growing energy needs of the AI era. The successful resumption of the V.C. Summer Nuclear Station project could set a precedent for similar initiatives across the United States, highlighting the critical role of nuclear power in achieving energy sustainability and security.
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