Progress Energy News

Federal regulators said Wednesday that they are conducting a special inspection of a nuclear power plant outside North Carolina's capital city that was forced to shut down last week after operators discovered corrosion and cracking in the reactor vessel's covering.

The new shutdown is the result of a recent review of ultrasonic tests taken a year ago at the reactor, when the plant was taken offline for refueling, Duke told the Nuclear Regulatory Commission in a new filing.

A nuclear plant near North Carolina's capital city was shut down after operators reviewing ultrasonic tests from last year found the results showed tiny marks of corrosion and cracking that need repair, the Nuclear Regulatory Commission said.

Standard & Poor's Ratings Services on Monday raised its outlook for Duke Energy Corp.

Julie Janson had worked almost two years in merger planning and actual integration, not expecting her job to change much.

Duke Energy Corp.'s first-quarter earnings soared as the utility giant benefited from a recent merger with Progress Energy Inc.

Duke Energy is suspending its plans to build two new nuclear units at its Shearon Harris plant at New Hill, about 20 miles southwest of Raleigh.

North Carolina regulators have dismissed watchdog group NC WARN's appeal of a settlement they made in November with Duke Energy Corp.

Julie Janson had worked almost two years in merger planning and actual integration not expecting her job to change much.

Lloyd Yates has taken over as the chief strategic and policy officer for Duke Energy Corp.'s regulated utilities at a time when the company has half a dozen rate-setting reviews in the works across the six states its serves.