Industry leaders tout role of Fla. nuclear energy law

03/19/2013 | American City Business Journals

A Florida law that allows state utilities to recover future nuclear development costs from their customers was defended by industry leaders. This comes as some state lawmakers are pushing a bill that would do away with the law. "Just as if we know hurricanes and tornadoes are coming we position crews in position to be able to respond quickly as soon as that weather has passed, similarly we cannot wait to make decisions about new generation investment until our customers need additional power," said Steven Scroggs, Florida Power & Light's senior director of nuclear development.

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