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Power Company Kills Nuclear Plant, Plans $6 Billion In Solar, Battery Investment (arstechnica.com)

Socguy writes: After being unable to complete the Levy County Nuclear Plant a few years ago, Duke energy abandoned it, leaving rate payers on the hook. Duke is now in the process of settling legal action as a result. As part of the settlement Duke will construct or acquire 700MW of solar capacity over four years in the western Florida area, construct 50MW of battery storage, undertake grid modernizations and install 530 electric car charging stations. "The Levy nuclear plant was proposed in 2008 and ran into hurdles early on," reports Ars Technica. "With cheap natural gas in 2013, Duke Energy Florida became nervous that it might not recuperate costs spent on the nuclear plant, especially with regulatory delays. The company cancelled its engineering and construction agreements in 2013 but said that it was holding open the possibility of returning to Levy someday. Over nine years, about $800 million had been spent on preparatory work for the plant. With Tuesday's announcement, those costs are sunk costs now. But overall, the changes will save residential customers future nuclear-related rate increases. Those customers will see a cost reduction of $2.50 per megawatt-hour (MWh) 'through the removal of unrecovered Levy Nuclear Project costs,' the utility said. The 700MW of solar won't exactly cover the nameplate capacity of the Levy plant, which was supposed to deliver 2.2 gigawatts to the region. But the Tampa Bay Times wrote that Duke 'is effectively giving up its long-held belief that nuclear power is a key component to its Florida future and, instead, making a dramatic shift toward more solar power.'"

4 of 390 comments (clear)

  1. Solar Power in Florida? by Anonymous Coward · · Score: 2, Funny

    That's the most impractical idea I've heard since I last read a tweet from Donald Trump.

    They don't call it the Sunshine State, not even on the license plates. And they wouldn't need so many oranges if they weren't vitamin deficient from too little sun. And let's face it, they should just use the same generator powered by the soul of a Forsaken child as is used to keep Disneyworld operational.

  2. Re:Seems a good site by drinkypoo · · Score: 1, Funny

    Florida seems like a good site for a solar plant with battery storage. This might actually make sense.

    Did you notice that category 5 storm swirling around Florida's tip right now? Last I heard they were expecting it to go right down to the balls. Florida is not a suitable place to build anything more permanent than a tent.

    --
    "You're right," Fisheye says. "I should have set it on 'whip' or 'chop.'"
  3. Re: How did they kill it? by bestweasel · · Score: 5, Funny

    With a spreadsheet in the boardroom.

  4. Re:Solar environmentally friendly, hah by rahvin112 · · Score: 4, Funny

    You can't imagine how much wildlife has been displaced by the solar panels on my roof. Christ I haven't seen a single deer walking around on my roof!! I tell you it's a travesty of wasted wildlife access.