Hopes for a U.S. nuclear renaissance dimmed Monday when the owner of a partially built power plant in South Carolina pulled the plug after its costs ballooned by billions of dollars. The decision by Scana Corp. to abandon the V.C. Summer Nuclear Station came months after reactor builder Westinghouse Electric Co. filed for bankruptcy, in part because of massive cost overruns at the South Carolina nuclear plant and a similar project...

Source: Wall Street Journal July 31, 2017 18:13 UTC