Jim Warren

Duke Progress merger punts plans for six new reactors – Fuel Cycle Week

July 18, 2012

Uranium producers should not expect initial core orders from post-merger Duke Energy for any of the six 1,150 MW reactors planned by pre-merger Duke and Progress Energy, for at least the next decade—if ever.

NC WARN Calls for Merger Cost Information Including Secret Study – News Release from NC WARN

July 18, 2012

Duke Energy might spend billions in costs not disclosed in merger case; group says all documents must be submitted.

Utility officials expected to hire investigators in Duke Energy review – The News & Observer

July 16, 2012

As the N.C. Utilities Commission’s investigation of Duke Energy enters its second week, the six political appointees who regulate the state’s electric utilities are expected to bring in outside investigators.

Duke merger scandal – Rogers isn’t crazy – Note to Editors from NC WARN

July 16, 2012

If Progress board members are correct that Bill Johnson performed well and with respect toward his employees (per today’s News & Observer story and earlier comments), it fortifies my belief that Crystal River was the main point of dispute that led to his firing.

NC utilities panel calls former Progress CEO Johnson to testify – The News & Observer

July 13, 2012

Ousted Duke Energy chief executive Bill Johnson will tell his side of the story next week as the N.C. Utilities Commission escalates its probe into his firing.

Utility regulators asleep at the switch – Tampa Bay Times Editorial

July 13, 2012

There is a reason for all of the bluster in North Carolina over the ouster of Bill Johnson as CEO of newly combined Duke Energy and Progress Energy. The regulators are embarrassed for failing to do their job and properly examine the deal.

NC Commission Must Assess Duke CEO Rogers’ Revelations about Merger Costs – NC WARN News Release

July 13, 2012

Billions in nuclear repairs or retirement would harm Carolinas ratepayers; all this should have been disclosed prior to Commission approval of the merger
NC WARN’s Legal Motion

Duke-Progress merger puts restart of Florida reactor in doubt – Reuters

July 12, 2012

The likelihood that the damaged Crystal River nuclear reactor in Florida will produce another megawatt of electricity appears to have dimmed following the merger of owner, Progress Energy, with Duke Energy, and the surprise exit of Progress’ top executive Bill Johnson.

State panel wants to know if Duke Energy misled it on the merger – The Charlotte Observer

July 9, 2012

More will be on the line than who’s in charge of the largest U.S. electric utility when Duke Energy CEO Jim Rogers testifies Tuesday before the N.C. Utilities Commission.

Good News: Consumer Coalition Thanks NC Legislature for No Action on Annual Rate Hikes Bill

July 9, 2012

Consumers Against Rate Hikes claims victory and thanks legislators as the 2012 legislative session closes without an Annual Rate Hikes Bill that would raise rates for electricity customers every year to build expensive, unnecessary nuclear plants.