Duke Cancels $13B Nuclear Reactors Project

Duke Energy (DUK) told the Nuclear Regulatory Commission yesterday that it is suspending its application to build two new nuclear power units at Harris near Raleigh, N.C. The Charlotte-based energy company said it can meet its customer power demand for the next 15 years without the $13 billion project.

This is big news for the nuclear power industry. Chicago Bridge & Iron (CBI) was expected to be the engineering, procurement and construction contractor of the likely Westinghouse AP1000 designs....422 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

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