Levy County, Florida
On December 12, 2006, Progress Energy announced its intention to file for a construction and operation license (COL) to build two new nuclear power plants in Levy County, Florida, situated 7 miles from the Gulf of Mexico. Progress has purchased a 3,000 acre parcel of land 8 miles from its Crystal River Energy Complex as the site for the two new reactors.
On July 30, 2008, Progress submitted an application for a Combined Operating License (COL) to the U.S. Nuclear Regulatory Commission (NRC). According to Progress, the new reactors would not be operational until 2016 and require capital investment that will likely top $14 billion for reactor construction and $3 billion for new transmission. As a result, Progress has asked state regulators to increase electricity rates by 31%. The increase, which is intended to allow Progress to recover construction costs, will go into effect years before the reactors begin generating electricity.
To view Progress's application, click here.
Progress is Florida’s second largest electric utility. The company’s Crystal River Energy Complex, which is about 90 miles north of St Petersburg, is the site of a nuclear plant and four coal-fired power plants. The utility is also a member of a business consortium called NuStart Energy Development that is pursuing new reactors in Mississippi and Alabama.
If you would like to get involved in stopping the construction of new nuclear plants in Florida, please e-mail us and let us know how you’d like to help. We can provide you with information and strategic advice.