Duke Energy moves ahead with plans for new nuclear plant

Duke Energy has asked regulators in South Carolina to approve its decision to spend up to $230 million developing a new nuclear power plant. The company has said it is leaning toward building the new power plant near Gaffney, but says in its filing with the South Carolina Public Service Commission that a final decision where to build the power plant has not been made. In the filing, Duke Energy says the money is needed to make sure opening the nuclear power plant remains an option for the next decade. The filing did not give an indication of when the utility will make a final decision on whether to build the plant or where it might be located.