Big Utility to Close 11 Plants Using Coal

Progress says nuclear is part of long-term power-generation plans
Progress Energy announced it would shut down 11 of its coal-fired power facilities by 2017. While the company is touting natural gas as an alternative in the short term, the long-term strategy for its generating system is in nuclear power, CEO Bill Johnson said. Progress stated plans to construct four reactors in North Carolina and Florida, but none would be operational by 2017. The New York Times (free registration)
http://www.nytimes.com/2009/12/02/business/energy-environment/02coal.html?_r=1