Dive Summary:

• Duke Energy, the largest U.S. electric utility, told regulators Thursday the company will suspend plans to construct two nuclear reactors in Wake County, North Carolina.
• The suspension comes after slow electricity demand, low gas prices and a lack of new limits on carbon dioxide emissions.
• The company said it has adequate generation to serve North Carolina and South Carolina for years and will pursue the reactors' development in the long-term.

From the article:
“Since Jan. 1, 2011, Duke said it has spent nearly $334 million on the Lee nuclear proposal, according to a filing with state regulators.
Four new reactors are currently under construction at two sites in the southeastern United States: two at Scana Corp's Summer nuclear station in South Carolina and two at Southern Co's Vogtle station in Georgia.”