Duke Energy has decided against trying to repair the Crystal River nuclear reactor, which has been offline for two years due to problems with containment concrete discovered during uprate work. Decommissioning begins immediately.
Private equity firm Energy Capital Partners is set to buy nuclear commercial services company EnergySolutions in a deal that values the firm at $1.1 billion.
A plan to create an interim store for used nuclear fuel in Utah is officially dead after Private Fuel Storage decided to give up on building the facility in the face of federal obstruction. The move leaves the USA reliant on temporary storage at power plants for the foreseeable future.