Advisory: Telepresser Today 11 am on New Report: Failed Economics of South Carolina’s Nuclear Reactor Construction

Guest Blog | July 18, 2017 | Press Releases

**UPDATE** Click here for report and press release.

 

FOR IMMEDIATE RELEASE

July 18, 2017

The Southern Alliance for Clean Energy wanted to make sure you were aware of a new report being released today that highlights the construction failures with the V.C. Summer nuclear expansion and calls for project abandonment. If you have any questions, please feel free to reach out to the contacts below.

 

Contact: Tom Clements, (803) 240-7268, tomclementssc@gmail.com
Robert Guild, (803) 917-5738, bguild@mindspring.com

COLUMBIA, S.C. – Friends of the Earth and the Sierra Club on Tuesday, July 18 will release an in-depth analysis in advance of a hearing before the South Carolina Public Service Commission on the troubled nuclear reactor construction project by South Carolina Electric and Gas (SCE&G). The report, entitled The Failure of the Nuclear Gamble in South Carolina, will be presented by economist Dr. Mark Cooper, who will make the case that the project must be abandoned and that ratepayers should be issued refunds due to imprudence on the part of SCE&G. Over $9 billion has been sunk into construction of the two Westinghouse AP1000 reactors and the project remains without a cost estimate or construction schedule. With construction only 37% complete and delays mounting, unauthorized spending continues at the rate of $120 million per month and the overall cost appears to be nearing $20 billion.

To Join the Conference: Please RSVP to pdavis@foe.org

What: Phone-based press conference to release the report in support of the legal complaint with SC Public Service Commission to end construction on V.C. Summer nuclear plant.

Who: Dr. Mark Cooper, expert witness and Senior Fellow for Economic Analysis, Institute for Energy and the Environment, Vermont Law School; Robert Guild, attorney, FOE and South Carolina Chapter of the Sierra Club; Tom Clements, Senior Adviser, Friends of the Earth, Columbia, S.C.

When: Tuesday, July 18, 11:00 A.M. Eastern

Where: Dial-In: 1-877-888-4291, Access Code: 36372

Expert contacts:

Tom Clements, (803) 240-7268, tomclementssc@gmail.com
Robert Guild, (803) 917-5738, bguild@mindspring.com

Communications contact: Patrick Davis, (202) 222-0744, pdavis@foe.org

###

About Southern Alliance for Clean Energy
Founded in 1985, the Southern Alliance for Clean Energy is a nonprofit organization that promotes responsible energy choices that work to address the impacts of global climate change and ensure clean, safe, and healthy communities throughout the Southeast. Learn more at www.cleanenergy.org.