New Analysis Finds Duke Spent $8.9B on Failed Nuclear Projects
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2 Articles
New analysis finds Duke spent $8.9B on failed nuclear projects
NORTH CAROLINA — A renewable energy advocacy group is urging Gov. Josh Stein to oppose legislation that would allow Duke Energy to charge customers upfront costs for new power plants. The nonprofit argued ratepayers should not bear additional risks since Duke has a history of expensive canceled nuclear projects. READ MORE: North Carolina study finds surging AI industry could be powered… Source
Duke Energy Has Failed 19 Times Building Nuclear Plants -- NC WARN News Release
63% failure rate has wasted billions; now Duke wants customers and taxpayers stuck with even more risk for mythical reactors Statement by Executive Director Jim Warren: A new analysis by NC WARN shows that Duke Energy and its subsidiaries cancelled 18 of the nuclear reactors they tried to build between the 1970s and 2017, and another closed years ahead of schedule. The failed projects wasted some $9 billion (in current dollars), soaking monopo…
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