Duke Energy is seeking North Carolina Utilities Commission (NCUC) approval to cancel the development of the Lee Nuclear project because it cannot move forward as originally envisioned due to the recent Toshiba Westinghouse bankruptcy, expected additional costs and the increased availability of other clean energy sources like natural gas and solar to meet customer needs. Duke Energy will maintain the licenses to build new nuclear at this site in the future if it is in the best interest of our customers.
At Duke Energy, we have an obligation to provide our customers with safe, reliable and affordable energy. For more than 45 years, we have safely operated our nuclear fleet to cost-effectively power homes, businesses and communities. Nuclear energy is also our country's largest source of carbon-free electricity, producing no greenhouse gases.
Nuclear energy is one of the cleanest power sources in the world. It is the only electricity source that can reliably and efficiently produce power 24/7 with no greenhouse-gas emissions.
The average capacity factor for our nuclear fleet – a measure of reliability – has remained at greater than 90% for the past 18 years.
Nuclear power plants are among the lowest-cost providers of baseload electricity, producing electricity for between 2-3 cents per kilowatt-hour.
Nuclear power plants are among the most secure facilities in the world today.
The two proposed facilities would employ one of the safest and most economical nuclear power technologies available in the commercial market.
The proposed facilities could increase the tax base for local and state economies.
Construction jobs could peak at an estimated 4,000+ during the construction period.
The plants could employ an estimated 900+ full-time workers during station operation.