Florida PSC Adopts Pro-Nuclear Incentives Package

From Gainesville.com:

In a move that could provide more financial incentive for building nuclear power plants, the Florida Public Service Commission on Tuesday adopted new rules that will let investor-owned utility companies recover some of the costs of the new plants before they begin operation.

The immediate beneficiary of the rule change could be Progress Energy, which is taking steps to build the state's first nuclear power plant since 1977, when the company began operating its Crystal River facility. Progress Energy has identified a 3,000-acre site in Levy County eight miles north of the Crystal River complex as the possible location for a new nuclear plant.