The two 1,117MW units, which require federal and state regulatory approval prior to construction, will be located at the existing VC Summer nuclear station near Jenkinsville, South Carolina. The new units, to be known as VC Summer Two and Three, are scheduled for completion in 2016 and 2019, respectively.
The value of Shaw’s contract related to a limited notice to proceed is undisclosed and will be added to the company’s backlog of unfilled orders in the fiscal third quarter of 2008. The balance of the contract will be added to the backlog when released by South Carolina Electric & Gas (SCE&G) and South Carolina Public Service Authority (Santee Cooper).
A combined construction and operating license (COL) application for the two units was submitted to the US Nuclear Regulatory Commission and approval of the COL is expected to occur in 2011. Construction of the nuclear island for the first unit is expected to begin soon thereafter, subject to the approval of the South Carolina Public Service Commission.
James Bernhard Jr, Shaw’s chairman and CEO, said: The term nuclear renaissance has evolved from concept to reality in the US thanks to bold and far-sighted companies like SCE&G and Santee Cooper, which recognize the need for the safe, efficient and emission-free baseload generation that the AP1000 can provide.
