News
Santee Cooper powering up
Santee Cooper, the state-owned utility based in Moncks Corner, unveiled a $2.5 billion plan Monday to build four new power plants, including two nuclear generators, by 2019 to meet surging demand from new residents and businesses.
March 28, 2006
by Kyle Stock
in The Post and Courier
Under a plan approved by the Santee Cooper board Monday, the utility would build a natural-gas powered turbine in Iva by 2011, a coal-burning plant in Florence or Jasper counties by 2014, a nuclear generating facility near Jenkinsville by 2016 and a second nuclear facility at the same site by 2019.
The new plants would boost Santee Cooper's generating capacity by 28 percent, producing 1,758 megawatts of electricity, enough to power almost 809,000 homes.
A development boom and a corresponding influx of new residents is quickly sucking up what little surplus electricity Santee Cooper has. Although the utility is scheduled... [continue via Web link]
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