Duke plans to decommission nuclear plant ahead of schedule
Duke Energy wants to tear down its Crystal River nuclear power plant about 50 years earlier than planned, the company announced Thursday.
In 2013, Duke decided to keep the facility idle until 2074 and then demolish the physical plant after removing all radioactive material. But a recent review of the cost to accelerate the timeline found the company had enough money in their decommissioning trust fund to cover the accelerated plan, said Heather Danenehower, Duke communications manager.
They need approval from the U.S. Nuclear Regulatory Commission to change plans and that process will take at least a year.
The accelerated process, which will take until 2027 to complete, would cost $540 million. The trust fund balance stood at $717 million on March 31. Whatever remains will go back to Duke’s customers. Customers, including the more than 66,000 in Marion County and the more than 4,000 in Alachua County, will not see their electricity bills increase because of the move, she said…… https://www.gainesville.com/news/20190530/duke-plans-to-decommission-nuclear-plant-ahead-of-schedule
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