Dive Summary:

• MidAmerican Energy, a unit of Warren Buffett’s Berkshire Hathaway Inc., has decided against building a nuclear plant in Iowa and will refund $8.8 million to customers who paid for the plant’s feasibility study – MidAmerican announced Monday. The plant's construction would have cost $1 billion.
• MidAmerican, based in Des Moines, Iowa, has canceled plans for a new power plant due to lack of an approved design for the nuclear plant and questions about the limits on carbon emissions from a natural gas plant.“We opted for what was in the best interest of our customers,” MidAmerican vice president for regulatory affairs Dean Crist told The Des Moines Register.
• The decision ends a three-year controversy over nuclear energy in Iowa. Iowa has one nuclear power plant, the Duane Arnold plant near Palo, owned by NextEra Energy Resources.

From the article:
“In the meantime, Mid¬American will focus on its plan to build up to 656 wind turbines in a $1.9 billion project across Iowa, which also will trim power bills by saving fuel costs."