Florida regulators OK Duke Energy rate hike

Sponsored by

Florida commissioners approved a deferment of Duke Energy Florida’s 2013 Nuclear Cost Recovery Clause proceeding to 2014. Regulators agreed to a rate increase for Duke Energy customers to help pay for the Crystal River nuclear plant in addition to a charge for the planned Levy County nuclear plant.

The rate increase comes to $5.62 in nuclear charges for a 1,000 kWh customer starting in January 2014. It breaks down to $2.17 for the failed CR3 uprate project, which would last up to seven years, and $3.45 for the deferred Levy project, which could last another two or three years.

Duke announced in February that it was shutting down the nuclear unit at the Crystal River plant after a 2009 upgrade project caused cracks in the containment building around the reactor. Attempts to fix those cracks in 2011 caused more cracks. Duke also said recently that it would shelve plans to build two new reactors at the site in Levy County, according to Power Engineering.

Commissioners also approved an administrative stipulation for Florida Power & Light that, in part, reduces the company’s recovery request by $1.6 million.

Sponsored by

CURRENT ARTICLES

Power4Georgians gets 18-month extension on coal plant air permit

10/29/2014 The extension will give Power4Georgians time to determine if or how Plant Washington will be affected by that CO2 rule

SunEdison finances 69.5 MW solar power plant in Chile

10/29/2014 Solar power technology manufacturer SunEdison Inc. announced the closing of a $130 million non-recourse debt financing arr...

Texas regulators to approve 138-kV transmission line

10/29/2014

The length of the 16 route alternatives that GVEC filed in the application ranged from about nine miles to 12 miles

Siemens, Mortenson win HVDC transmission contract in Canada

10/29/2014 In a consortium with Mortenson Construction, Siemens will be supplying both converter stations for the Bipole III HVDC pro...

FirstEnergy returns Perry to service after unplanned outage

10/29/2014

The plant experienced an unexpected shut down at 2:18 a.m. on Monday, Oct. 20, a FirstEnergy spokesperson said  

Mitsubishi Hitachi Power Systems to build 25 MW geothermal plant in Mexico

10/29/2014 To date, MHPS has received 12 other orders from Mexico’s Comisión Federal de Electricidad for geothermal power plants from...

Landfill turned into solar power array in New York

10/29/2014 OnForce Solar, a provider of solar energy systems, completed construction on a large-scale, 2.364 MW solar array built on ...

ON DEMAND WEBCASTS

Architecting Communication Networks for Smart Grids

This webinar will provide the essentials of communication networking to meet the challenges of th...

The Power of Behavioral Design: Lessons for Energy Efficiency Providers

Behavioral design principles are key differentiators when it comes to influencing consumer behavi...

3D BIM for Substations—Driving Efficiency from Design Through Operation and Maintenance

In this webinar, PESTECH will describe their transition to intelligent substation design and its ...

High Availability Networks. Application of IEC6439-3 Protocols for IEC61850 Process Bus implementation

Networks can now be built for the first time with genuinely uninterrupted data communication betw...

Understanding Moisture Dynamics in Power Transformers

While the need to measure moisture in power transformers has been well documented and is universa...

EL&P BUYER'S GUIDE PRODUCTS

MITEM Corp

Provides CRM solutions for regulated U.S. public utilities. The product, MitemView integrates differently designed systems to share critical data a...

Resources on Demand

Manages resource requests, tracks personnel movements, and supports lodging/logistics during a power restoration event.

Smart Grids

Quanta is contributing to its customers' smart grid initiatives by installing technology on power networks to provide energy management solutions f...

Horizontal Directional Drilling

With 28 small, mid-sized and large drilling rigs, Quanta Pipeline Services is one of the largest horizontal directional contractors in the world fo...

FEATURED ENERGY JOBS

View more Job Listings >>

POWERGRID International

April 2014
Volume 19, Issue 4
1404pg-cover

ELECTRIC LIGHT & POWER

January 2014
cover