Progress Energy stock today
... nuclear power is Progress Energy's most cost-effective source of electric generation... Progress Energy's four nuclear power plants -- the Brunswick Plant's two units located near Southport, N.C., the Harris Plant located just outside of Raleigh, N.C., the Robinson Plant located near Hartsville, S.C., and the Crystal River Plant located close to Crystal River, FL -- produced 36 percent of the company's electricity during 2002.
Progress Energy [NYSE: PGN], headquartered in Raleigh, N.C., is a Fortune 250 diversified energy company with more than 21,900 megawatts of generation capacity and $8 billion in annual revenues. The company's holdings include two electric utilities serving 2.8 million customers in North Carolina, South Carolina and Florida. Progress Energy also includes nonregulated operations covering competitive generation, energy marketing, natural gas exploration, fuel extraction, rail services and broadband capacity. The company's Web site is http://www.progress-energy.com.
[Source: Progress Energy press release, "Progress Energy Brunswick Plant successfully completes refueling outage; Unit 2 now able to generate more electricity", April 7, 2003]
January 28, 2005
Company Organizational Changes
* Skip Orser, Energy Supply Group President retirement effective March 1, 2005. The position will not be refilled.
* Bill Johnson promoted to President and Chief Operating Officer, Progress Energy Inc.
* CNO, Scotty Hinnant, will report directly to Bill Johnson
April 30, 2003
Combined RFP for dry casks at Brunswick, Robinson
Dry cask storage RFP for Brunswick and Robinson plants was announced today by Progress Energy. The utility expects to choose one vendor to supply casks for both sites. Both plants have been transporting spent fuel to the utility's Harris plant for wet storage. "We plan to operate our plants for many years and evaluating all options for interim spent fuel storage makes the most sense for our plants and our customers," said C.S. "Scotty" Hinnant, Progress' senior vice president and chief nuclear officer.Ê "License renewal is under review by the Nuclear Regulatory Commission for Robinson and plans are underway to file for a Brunswick license renewal in 2004.Ê In addition, the rail containers currently used to ship spent fuel by the company will need to be relicensed or replaced after 2005.Ê Given these factors, the decision has been made to evaluate all options." [Source: Progress Energy press release, "Progress Energy exploring dry nuclear fuel storage facilities at Robinson, Brunswick nuclear plants", April 30, 2003]
Plants operated by Progress
Pressurized Water Reactors
Boiling Water Reactors