Power company kills nuclear plant, plans $6 billion in solar, battery investment

On Tuesday, power provider Duke Energy Florida announced a settlement with the state’s public service commission (PSC) to cease plans to build a nuclear plant in western Florida. The utility instead intends to invest $6 billion in solar panels, grid-tied batteries, grid modernization projects, and electric vehicle charging areas. The new plan involves the installation of 700MW of solar capacity over four years in the western Florida area.
Read more: https://arstechnica.com/science/2017/08/florida-power-company-exchanging-nuclear-plans-for-solar-plans-cutting-rates/?source=Snapzu