Articles & News Releases

Feds give conditional okay to Progress Energy merger with Duke Energy – The Tampa Bay Times

June 12, 2012

After two do-overs, federal regulators granted conditional approval for the merger of Progress Energy and Duke Energy, clearing the way for the two companies to form one of the largest utilities in the country.

N.C. regulators set one-week deadline for all filings in Progress-Duke merger – The News & Observer

June 12, 2012

The N.C. Utilities Commission said Tuesday that it wants all merger paperwork submitted within a week to give itself several weeks to decide on the proposed mega-merger between Progress Energy and Duke Energy.

Bringing Solar Power to Those Most in Need – NC WARN News Release

June 11, 2012

NC WARN today announced a campaign to donate solar electric and hot water systems to nonprofit facilities providing services for needy North Carolinians. By working with local solar installation companies, the group is promoting solar power as solid, affordable investments for most homes and businesses, and a key element of the much-needed statewide shift to a climate-protecting renewable energy economy.

Solar Rooftop Donation Program

June 11, 2012

We’re spreading the word that the time is now for
rooftop solar power in North Carolina!

– Solar is affordable for most households and
businesses.
– Solar helps owners do their part to cut pollution
and slow global warming.
– Solar is an essential part of the urgently needed
statewide shift to a climate-protecting
renewable energy economy.
Press Release

Merger of Progress and Duke coming down to the wire – The Tampa Bay Times

June 6, 2012

Progress Energy and Duke Energy expect federal regulators to decide this week whether to approve their merger plan, which would create one of the nation’s largest utilities.

Duke-Progress merger could be scotched by backroom deal on new nuclear plant and billions in cost of broken plant – News Release from NC WARN

June 1, 2012

Watchdog group will urge North Carolina regulators to reject any SC effort to hitch merger approval to Duke’s investment in problematic nuclear project.

New reactor design forecasts future successes, challenge – The Augusta Chronicle

June 1, 2012

Regulators who detected nonconforming rebar at Vogtle Nuclear Power Plant’s expansion site didn’t have to go far to find a similar problem at the V.C. Summer project in nearby South Carolina.

Persistent and New Problems at Vogtle Nuclear Project Signal Over 12 Months of Delay and Well Over $1 Billion in Cost Overruns – Even Before Foundation is Poured

June 1, 2012

Although it is heavily redacted, I encourage reporters to read Dr. William Jacobs’ testimony to see the very damning verbage on many fronts, which give lie to industry claims the project is going well. This complicated construction project is a mess and it’s getting worse.

$560 Million in Cost Overruns at South Carolina Nuclear Project – News Release from NC WARN

May 17, 2012

The second new nuclear power project underway in the U.S. has suffered at least $560 million in construction cost overruns according to a report filed today by plant owner SC Electric & Gas.

Costly Incompetence: The top four U.S. nuclear construction projects are already mired in costly problems – Issue Brief by NC WARN

May 16, 2012

The three nuclear construction projects underway in the U.S. are already suffering huge cost overruns, delays, and uncertainty about completion.

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