After announcing plans to close the Duane Arnold Energy Center five years early, NextEra Energy will likely spend more than $400 million to decommission the plant’s operations, and the Nuclear Regulatory Commission estimates the process to clean the site will take decades, reports the Corridor Business Journal.
The drop in cost for natural gas and wind energy to produce electricity was a key factor in the decision to close Iowa’s only nuclear power plant in 2020, five years earlier than projected, Radio Iowa reports. Alliant Energy spokesman Justin Foss said ending Alliant’s purchase of power contract with the Duane Arnold Energy Center […]
Days after majority plant owner NextEra Energy and customer Alliant Energy announced the early closure of the Duane Arnold Energy Center (DAEC), the plant’s largest minority owner said that despite concerns, it shared “guarded optimism” that the closure will be positive for the state, reports the Corridor Business Journal. Leaders of Central Iowa Power Co-op […]