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Future of Crystal River nuclear plant in doubt, as costs rise

Repair costs rise at Crystal River nuclear plant Tampa Bay Times, By Ivan Penn, Times Staff Writer  Aug 02, 2012 The cost to fix the broken Crystal River nuclear plant appears to be on the rise.

The previous top estimate of $1.3 billion is likely too low, Duke Energy CEO Jim Rogers confirmed in an interview Thursday.

The utility has not decided whether to repair or permanently shutdown the plant. An independent technical evaluation commissioned on the facility by Duke’s board is expected to be complete in about a month, Rogers said…… http://www.tampabay.com/news/business/energy/repair-costs-rising-at-progress-energys-troubled-crystal-river-nuclear/1243770

August 3, 2012 - Posted by | business and costs, USA

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