Dresden Nuclear Power Station, Unit 2 issued the following announcement on Sept. 7.
The Nuclear Regulatory Commission has approved an indirect transfer of the South Carolina
Electric and Gas Company two-thirds interest in the Virgil C. Summer Nuclear Station Units 1, 2, 3,
and the associated Independent Spent Fuel Storage Installation, from SCANA, SCE&G’s parent
company, to Dominion Energy, Inc. SCE&G and Dominion requested this indirect transfer on Jan. 25,
following the Dominion and SCANA announced proposed merger.
While the corporate ownership will change, SCE&G will remain the licensed two-thirds
co-owner and operator of Units 1, 2, and 3, and the ISFSI. The South Carolina Public Service Authority
(Santee Cooper) will retain its one-third ownership of the units and ISFSI. The proposed indirect
transfer does not involve Santee Cooper’s ownership interest in the Summer site.
Summer Unit 1 is a pressurized-water reactor located near Jenkinsville, S.C., about 26 miles
northwest of Columbia. It is licensed to operate through Aug. 6, 2042. Units 2 and 3 had been under
construction since the NRC issued combined construction and operating licenses in March 2012.
SCE&G formally ended the Unit 2 and 3 construction on Aug. 17, 2017.
The NRC staff review of the license transfer application concluded that the merger between
Dominion and SCANA would not affect the financial and technical qualifications of SCE&G to
conduct the activities authorized by the licenses. The NRC staff also concluded that SCE&G has
satisfied the NRC decommissioning funding assurance requirements, and the facility is not owned,
controlled, or dominated by a foreign entity.
Original source can be found here.
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