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Legacy Progress Director's Production of Documents (Part 3 ... - NCUC

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Rogers taking the helm was ''great news for Florida.""He has been more forward-thinking about clean technologies and efficiency," shersaid.Opponents <strong>of</strong> the merger took a more'ominous view."Creation <strong>of</strong>the nation's largest electric utility will require enhanced vigilance ... to protect oureconomy, our environmentand'.our,democracy:from a giant corporatiomweli-known for its use <strong>of</strong>political muscle to pursue;pr<strong>of</strong>its;ahd.expaiisioh," said Jim Warren, executive director <strong>of</strong> the watchdoggroup N.C. WARN.At the top <strong>of</strong> Duke's to-do listis a decision about the Crystal River nuclear plant in Citrus County,which broke on Johnson's watch during a botched maintenance and upgrade project. The 42-inchthickconcrete reactor containment building cracked during the project; arid subsequent repairattempts resulted in more cracks.The projecteci cpst for repairs and the purchase <strong>of</strong> replacement power while the plant sits idleexceeds $2,biiiion. The growing pribe tag and concern that the troubles atCrystal River were worsethan <strong>Progress</strong> portrayed could be.part <strong>of</strong> the reasori that Johnson did not get the top job at themerged company, analysts and experts said."It could be the recognition that the cost <strong>of</strong> the Crystal Riyer plant could be a larger concern thanperhaps! Duke had.realized'wheri they first had undertaken" the merger, said Peter Schwarz,'aneconomic pr<strong>of</strong>essor at the University <strong>of</strong> North Carolina at Charlotte.Duke will have to decide whether to repair the 36-year-old Crystal River plant, which Johnson wantedto do, or decommission it. The company is.scheduled to give a status update on the project to theFlorida Public Service Commission ori Aug! 13.J.R. Kelly, the state public counsel who; advocates for consumers, said,;that without Crystal River,Duke would need to develop an alternative source <strong>of</strong> energy; Erivironrnentalists would like to focus onefficiency measures, but Kelly said the company would likely build a natural gas plant -- whichcustomers would pay for.Duke.also wilfhave to make a. decision on .whether to move forward with a $24 billion project to buildtwoWestinghouse AP1000 nudear reactors in Levy County.Customers already are paying $1,1 billion for the project that expe'rts believe will never get builtbecause <strong>of</strong> the high cost and the current low price <strong>of</strong> natural gas.Mark Cooper, senior fellow for ecpriomic analysis at the Institute for Energy and the-Environment atVermontLaw School, put it-this way: "The Levy piant is notgo'ing to:happen:"Duke <strong>of</strong>ficiais would not comment about its plans for the Crystal RiVer and Levy County plants.Duke also has its owri troubles.Before the merger, Duke had constructed ari advanced coal-fired plant.in Indjaria. The prbjecf rah $1billion over budget. A top'Duke executive and Indiana's utility regulator lost their jobs after an emailexchange about it.Managing the challenges rests on Rogers, who was named one <strong>of</strong> Newsweek's "50 Most PowerfulibLEGPGNDIR001150

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