The biggest construction project in Georgia is also becoming one of the biggest budget busters in state history. And nearly every Georgian with a monthly electric bill may end up paying for it.
In a state where economic, energy and environmental concerns grow more intensely intertwined, the assertive environmental nonprofit group NC WARN is working with the conservative nonprofit John Locke Foundation to sponsor two public forums calling for increased competition in the electricity market.
Video: Nuclear industry experts Arnie and Maggie Gundersen discuss the status of the ongoing nuclear disaster in Fukushima, Japan and the U.S. nuclear “renaissance.”
On November 20, 2013, Arnie Gundersen, Maggie Gundersen and Steve Wing spoke in Chapel Hill about the ongoing nuclear disaster at Fukushima, Japan, and its implications for new nuclear plants proposed by Duke Energy. View videos of the talks by the Gundersens and Dr Wing.
NC WARN today told new Duke Energy CEO Lynn Good we are astonished that Duke Energy is still considering buying into the VC Summer nuclear construction project after South Carolina regulators recently reiterated earlier warnings that the project is suffering enormous problems despite intensive efforts to correct them.
On Thursday, Duke Energy Florida (formerly Progress Energy) announced that the company would pull the plug on its future Levy Co. nuclear plant. And the money the company has been collecting from customers for years — and will continue to collect until 2018 — will go toward Duke Energy’s expenses and profits.
The promise of cheap, low-carbon power – with 31 new reactors in the US – was based on rhetoric and obedience. Anyone who doubts that should read the new status report on the industry. It is all in ruins now.
Duke Energy notified the Nuclear Regulatory Commission Thursday that it is suspending its application to build new reactors at the Shearon Harris nuclear plant. NC WARN welcomed the announcement but scolded the utility for wasting millions of dollars that could have been spent on energy-saving programs. “The Shearon Harris failure perfectly typifies why the U.S. nuclear ‘renaissance’ is making global warming worse,” Executive Director Jim Warren said in a statement.
Duke Energy’s cancellation yesterday of licensing efforts to build two nuclear reactors at subsidiary Progress Energy’s Harris nuclear plant is good news – but it comes with a taint. Duke-Progress threw away eight years and $70 million – while blocking widespread advances in energy-saving programs, solar and wind, and combined heat and power.
When Progress Energy applied for a rate increase last fall, the request didn’t include $70 million the Raleigh electric utility had spent on a planned addition of two reactors at the Shearon Harris nuclear plant in Wake County. But Duke Energy, which acquired Progress last summer, plans to recover those costs and pass them on to customers, Duke CEO Jim Rogers told investors Friday. Rogers revealed the company’s intentions a day after Charlotte-based Duke announced it is canceling the Shearon Harris expansion.
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