Duke Energy Pulls the Plug on Planned Levy County Nuclear Plant
Published August 2nd, 2013
LEVY COUNTY -- Duke Energy announced late Thursday the company is cancelling plans for a new $24 billion nuclear power plant just north of Inglis.
Company officials say they canceled the plant's construction contracts following a lengthy delay by the Nuclear Regulatory Commission in issuing the required operating permits.
In addition, recent state legislative changes have made it harder for Duke to charge customers prior to the plant's construction.
Nevertheless, the company has already collected nearly $1.5 billion from customers, money the utility is not required to give back.
While the plans have been stopped for now, Duke Energy left the door open to possible construction of a nuclear power plant in the future on the same piece of land.
This all comes just a few months after the utility announced plans to permanently shut down its Crystal River nuclear plant, which has been sitting idle since 2009 when a crack was discovered in a concrete containment dome.
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