Story perspectives

Revival of VC Summer Nuclear Plant Could Boost Economy

12/12/2025

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Summary

Story summary

A new report estimates completing the VC Summer nuclear plant in South Carolina would generate $7.3 billion during construction and $1.6 billion annually once operational, supporting about 7,300 construction jobs and 2,700 jobs.
Brookfield Asset Management has proposed a $2.7 billion deal to revive the stalled project, abandoned in 2017.
Significant permitting and cost challenges remain.
Utility Chief Executive Officer Jimmy Staton said customers should benefit from payments since 2017.

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Story summary

A new report estimates completing the VC Summer nuclear plant in South Carolina would generate $7.3 billion during construction and $1.6 billion annually once operational, supporting about 7,300 construction jobs and 2,700 jobs.
Brookfield Asset Management has proposed a $2.7 billion deal to revive the stalled project, abandoned in 2017.
Significant permitting and cost challenges remain.
Utility Chief Executive Officer Jimmy Staton said customers should benefit from payments since 2017.