In a blow to the so-called “nuclear renaissance,” Duke Energy announced on Thursday it was shelving its plans for a nuclear power plant in Levy County, Florida.
That’s the good news.
Advocacy group Southern Alliance for Clean Energy states that cost estimates for the Levy plant were $5 billion in 2007 but later skyrocketed over 400 percent, while the start date listed in 2007 was for 2015-16, but got pushed back as late as 2025.
But the corporation was able to push the financial risks of the nuclear power plant onto customers.
Customers have already shelled out $1.5 billion for the plant, the Associated Press reports, and, as an irate Robert Trigaux writes in a Tampa Bay Times column, “no, Florida customers, you’re not getting any of that money back.”
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