Venture

Robert Trigaux

Ripples: How a shutdown at a nuke plant hits Walt Disney World 100 miles away

26

March

Crystalrivernukeplant Wake up and good morning. No, Orlando's Walt Disney world does not have its own nuclear power plant (yet). But the giant theme park complex has been directly affected in the wallet by the shutdown of Progress Energy Florida's nuke power plant (left) at Crystal River in Citrus County.

Waltdisneyworldcastle Why? According to the Orlando Sentinel, Disney World’s semi-autonomous government -- the Reedy Creek Improvement District -- relies on about 10 percent of the district’s power to be generated at the nuclear plant. Reedy Creek utility officials told the Sentinel they expect the prolonged shutdown, which they have been told is likely to last until July, will cost the district between $500,000 and $700,000 out of an annual power-buying budget of about $100 million.

Progress Energy has offered to sell customers energy from its other (more expensive) generation sources to make up for the nuclear shortfall. But Reedy Creek says it will find other sources to fill the gap -- including purchasing more power from Progress Energy competitor TECO Energy of Tampa. Here's the Sentinel story.

Repairs to a cracked reactor building containment wall could keep the Crystal River nuclear plant off line until midyear, Progress Energy says. Here are more details.

-- Robert Trigaux, Times Business Columnist

[Last modified: Tuesday, June 1, 2010 12:27pm]

    

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