Nuclear regulators side with Progress
RALEIGH, NORTH CAROLINA - The Nuclear Regulatory Commission rejected a claim by nuclear critics that Progress Energy's Shearon Harris nuclear plant in Wake County is vulnerable to fire risk and should be fined $130,000 daily for violations or have its operating license revoked.
Fire barriers at Shearon Harris first failed tests in 1989, two years after the plant went into operation. The utility has implemented corrective actions.
Raleigh-based Progress Energy has until June 2008 to propose a permanent solution for meeting fire safety standards at the Shearon Harris plant.
Related News
Energy-hungry Europe to brighten profit at US solar equipment makers
NEW YORK - Solar equipment makers are expected to post higher quarterly profit, benefiting from strong demand in Europe for critical components that convert energy from the sun into electricity.
The continent is emerging as a major market for solar firms as it looks to reduce its dependence on the Russian energy supply and accelerate its clean energy transition, brightening up businesses of companies such as Enphase Energy (ENPH.O) and SolarEdge Technologies (SEDG.O), which make solar inverters.
Wall Street expects Enphase and SolarEdge to post a combined adjusted net income of $323.8 million for the April-June quarter, a 56.7% jump from a…
