Bloomberg Businessweek reports that the glut of shale-derived natural gas has led to a nuclear power plant in Florida to be shuttered permanently.
Other U.S. nuke plants could follow, the story says: "Duke Energy (DUK)’s decision to dismantle a Florida nuclear power plant rather than undertake the costliest- ever U.S. atomic repair shows how rapidly cheap natural gas is remaking the U.S. power industry, hastening a shift from traditional fuels such as coal and uranium.
"Duke’s Crystal River Unit 3 plant in Florida joins Dominion Resources (D) Inc.’s Kewaunee reactor in Wisconsin as the first to be shuttered in the U.S. because of growing shale gas supplies, serving as signposts for utilities from Japan to Belgium also considering decommissioning reactors. At least four other U.S. reactors are also at risk of early retirement due to new power market economics, said Julien Dumoulin-Smith, a New York City- based analyst with UBS Securities LLC."
Read the whole story here.
Chesapeake Energy Corp,the Oklahoma-based firm is the No. 1 driller in Ohio.
Rig Count Interactive Map by Baker Hughes, an energy services company.
Shale Sheet Fracking, a Youngstown Vindicator blog.
The Ohio Environmental Council, a statewide eco-group based in Columbus.
Earthjustice, a national eco-group.
People's Oil and Gas Collaborative-Ohio, a grass-roots group in Northeast Ohio.
Concerned Citizens of Medina County, a grass-roots group.
No Frack Ohio, a Columbus-based grass-roots group.
Fracking: Gas Drilling's Environmental Threat by ProPublica, an online journalism site.
Pipeline, blog from Pittsburgh Post-Gazette on Marcellus shale drilling.
Allegheny Front, environmental public radio for Western Pennsylvania.