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Duke Energy’s Levy County nuclear licenses ended by regulators: Duke will switch to solar

Regulators terminate Duke Energy’s Levy County nuclear licenses, Malena Carollo, Tampa Bay Times staff writer, 4 May 18

ST. PETERSBURG — Regulators have finally closed the books on the Levy County nuclear project that never was. The Nuclear Regulatory Commission terminated Duke Energy Florida’s licenses last week for the proposed nuclear reactors at the utility’s request — more than a decade after the project was first proposed.

“Southern Alliance for Clean Energy applauds Duke Energy Florida for formally terminating the licenses for the Levy site,” said Sara Barczak, regional advocacy director for the alliance, in a statement.

The action comes nine months after Duke announced it would no longer make customers pay for the nuclear facility. Duke customers had already paid $800 million on the plant that was never built. The St. Petersburg utility decided to shoulder the remaining $150 million for the project instead of passing it on to customers, saving rate payers about $2.50 on their monthly bills.

Instead of nuclear, the utility will turn its focus to solar and natural gas

We anticipate an increase in solar energy in Florida and have included plans for the addition of over 700 megawatts of solar capacity in the next 10 years,” Ana Gibbs, spokesperson for Duke, said in an email. …..Progress Energy had asked customers to pay up front for the facility, promising the plant would reduce energy costs down the line. But after nearly $1 billion was sunk into the nuclear project, it was never built. In 2013, the venture was canned.

The site where the nuclear plant was supposed to be built is now approved for “unrestricted use.”http://www.tampabay.com/news/business/energy/Regulators-terminate-Duke-Energy-s-Levy-County-nuclear-licenses_167941619

 

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May 5, 2018 - Posted by | business and costs, politics, USA

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