Duke inks deal for nuclear-fuel disposal - The Business Journal of the Greater Triad Area: - 0 views
-
Energy Net on 11 Nov 08Duke Energy Corp. has signed a contract with the U.S. Department of Energy for the disposal of used nuclear fuel generated at its proposed Lee Nuclear Station. The plant, planned near Gaffney, S.C., is slated to begin operating in 2016. Under the agreement, the department will dispose of all the spent fuel from the site. In exchange, Charlotte-based Duke (NYSE:DUK) will pay the agency a $1 per megawatt-hour fee for electricity generated and sold from the plant.