Progress Energy, a subsidiary of Duke Energy, has received the results of an independent study from Zapata on the potential repair plan for the Crystal River Nuclear Plant (CR3). The 860 MW nuclear plant was commissioned in 1977 and has a licence to produce until 2016. It has been off-line since 2009, when a hole was made in the plant's concrete-reinforced steel containment structure during a refuelling outage. The study estimates the repair cost repair cost at approximately $1.49bn, which is much higher than the expected repair cost of $900m-$1.3bn. Zapata's study also includes various scenario costs, with the repair cost escalating to $3.43bn with a 96-month schedule in the worst case.
Progress Energy will proceed with a repair option only if there is a high degree of confidence that the repair can be successfully completed and licensed within the final estimated costs and schedule.
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