Progress Energy Florida's nuclear nightmare
[Will Vragovic | Times]
The utility's plans to upgrade its existing nuclear plant and build a big new one have gone terribly awry: Progress broke the Crystal River plant during the upgrade; it has been out of service since 2009. The utility announced on Feb. 5 that the plant will be shut down. Concern about repair costs led to the ouster of the new CEO at Duke Energy - hours after it merged with Progress. Meanwhile, customers continue to pay for the new plant in Levy County, even as the price tag quadruples and it seems unlikely the reactor will ever be built.
Here's what went wrong at Crystal River:
The latest on the Crystal River repair:
Accident at nuclear power plant in Crystal River forces utility to decide whether to repair or replace it and roils merger of Progress Energy and Duke Energy. Proposed twin reactor power plant in Levy County is beset with cost overruns and may never be built, although customers pay anyway.
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