Dominion announced this week that the NRC has approved the indirect transfer of the operating license for V.C. Summer Nuclear Station from SCANA subsidiary South Carolina Electric & Gas Co. to the Virginia-based company.
The merger has already received approval from SCANA’s shareholders, the Federal Energy Regulatory Commission and the Georgia Public Service Commission. The merger remains contingent upon approvals from the public service commissions of South Carolina and North Carolina.
If the merger is completed, the combined company would deliver energy to approximately 6.5 million regulated customer accounts and have an electric generating portfolio of about 31,400 megawatts and 93,600 miles of electric transmission and distribution lines. It also would have a natural gas pipeline network totaling 106,400 miles and operate one of the nation’s largest natural gas storage systems with 1 trillion cubic feet of capacity.