Progress Energy said Monday it plans to apply for a license to build a new nuclear plant, placing North Carolina in the forefront of the nation's nuclear revival.Wow. It's a great time to be working in this business.
Raleigh-based Progress Energy said it notified the Nuclear Regulatory Commission that it expects to pick a site for a new reactor this year and select an advanced reactor technology to put there. If the NRC approves the license and Progress Energy decides to build the reactor, construction could begin as soon as five years from now and the reactor could be operating as early as 2010, Progress Energy officials said.
Monday's announcement gives North Carolina two utilities — the other being Duke Power in Charlotte — vying to be the nation's first to commission the first new nuclear reactor in more than a quarter century. The state's two major utilities serve a combined 3.5 million customers in the Carolinas.
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