Record #:

13937

Author(s):

Geary, Bob

Abstract:

Progress Energy and Duke Energy are proposed to merge. Progress Energy has a nuclear plant at its Shearon Harris site in Wake County and is considering building more reactors there. Duke Energy, meanwhile, is in preconstruction of a nuclear plant in South Carolina which would supply power to both states. The company is seeking permission to invest more money. If the plant gets built, total cost would be $11 billion. Consumers express concerns about rate increases from this proposed construction.

Source:

Independent Weekly (NoCar Oversize AP 2 .I57 [volumes 13 - 23 on microfilm]), Vol. 28 Issue 11, Mar 2011, p7, 9, il Periodical Website

Subject(s):

Nuclear power plants