Despite state law that sharply restricts private communication between regulators and company officials on pending cases, Rogers, Turner and another Duke executive met last February for breakfast, and during the meeting, the Duke executives told Hardy that the power plant was facing a $530 million cost overrun.
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Groups don’t want utilities to raise rates to build nuclear plants – WRAL
Several organizations fired a pre-emptive strike Tuesday against plans by two North Carolina utilities.
Beware the bill for nuclear plants — News & Observer
Op-Ed by Lynice Williams and Jim Warren. Recent news of a merger between Duke Energy and Progress Energy sets the stage for North Carolina to become home to the nation’s largest electric utility. They say the merger will save customers money by eliminating redundancy, but what appears to be a key driver behind the merger – building two nuclear reactors in South Carolina – would cost customers much more.
Beware the bill for nuclear plants – The News & Observer
What appears to be a key driver behind the merger between Duke and Progress – building two nuclear reactors in South Carolina – would cost customers much more.
U.S. Pushes, but Reactors Are Lagging – The New York Times
Recent setbacks in a hoped-for “nuclear renaissance” raise questions about how much of a role nuclear power can play.
Disputed Reactor Design Moves Forward – The New York Times
Critics of the AP1000 reactor argue that design flaws could lead to release of radioactive material.
Contractor says Duke took risks at plant – The Indianapolis Star
Last fall, as costs and accidents were mounting at Duke Energy Corp.’s massive power plant in Edwardsport, the project’s engineering contractor warned that Duke was taking “significant risks” with the way it was managing the $2.9 billion construction project.
Target: North Carolina Electricity Customers – Issue Brief by NC WARN
NC utilities seek a blank check and annual rate hikes – as the US nuclear revival fails.
Remembering Dr. John Blackburn
Nuclear goals stoked by Duke-Progress merger – The News & Observer
The merger between Duke Energy and Progress Energy makes it likelier that a new nuclear reactor would be built in the Carolinas in the next 10 years. It also means that customers could pay higher bills almost immediately to get a reactor built.