Duke Energy Cancels Levy Nuclear Plant

Duke Energy Florida announced Thursday it was canceling its proposed nuclear plant in Levy County as part of a multiyear agreement with consumer advocates.

The company in part blamed in part a bill that passed the Legislature in May that revises the 2006 state law that allows utilities to charge customers for nuclear projects that may never be built.

Duke Energy says it still considers the site a viable option and will seek a federal license outside of the state nuclear cost recovery law.

“We continue to believe that a balanced energy portfolio, including renewable energy, energy efficiency and state-of-the-art cleaner power plants, are critical to securing Florida’s energy future,” said Alex Glenn, president of Duke Energy Florida. “And nuclear energy should remain an option to meet Florida’s future energy needs.”


Source: Thefloridacurrent.com