The Center, founded in 1985, is an environmental organization dedicated to protecting the environment, enhancing human, animal and plant ecologies, promoting the efficient use of natural resources and expanding participation in the environmental movement.
Tuesday, August 13, 2013
Duke Energy Cancels Plans For New Nuclear Plant
Duke Energy has dropped plans for a $24.7 billion nuclear reactor complex in Levy County, Florida, on which the company has already spent $1 billion, most of it collected from customers. The company cited “regulatory uncertainty” after a change in Florida's rules that cast doubt on whether a utility can collect money from customers for construction work before a project is finished. The project was started by Progress Energy in 2008, and was acquired by Duke when it merged with Progress Energy last year. (NYT, 8/1/2013)
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