Dive Brief:
- Duke Energy filed a $1.2 billion decommissioning plan with the Nuclear Regulatory Commission to retire its shuttered Crystal River-3 nuclear unit in Florida.
- The plant's reactor containment building was damaged during a 2009 repair job. Earlier this year, Duke decided to retire the plant instead of trying to repair it.
Dive Insight:
A few years ago, it looked like the nuclear sector was on the brink of a renaissance. But cost overruns at plants that are being built and planned retirements have dimmed the hopes of the industry. Low natural gas prices have hurt the economics of nuclear power.