Dive Summary:
- A Progress Energy Florida official told regulators on Monday that the Duke-owned company has not yet made a decision about the ultimate fate of its in-limbo Crystal River nuclear facility.
- Progress expects to announce a decision by this summer or before, but it may be required to refund $100 million according to an earlier agreement stipulating that repairs should begin by the end of 2012.
- Officials believe that repairs could take as long as three years and cost billions of dollars.
From the article:
TALLAHASSEE, Fla. (AP) -- The fate of a crippled nuclear power plant in north Florida will remain in limbo for weeks — and maybe months — to come.
A Progress Energy Florida official told state regulators Monday that the company is still unsure about whether it will repair or shut down the plant in Crystal River. ...
