Regulator Lets Duke Keep Nuclear Costs Under Wraps

Law360, New York (April 30, 2008, 12:00 AM EDT) -- North Carolina’s utilities regulator has ruled that Duke Energy Carolinas LLC can keep its development cost estimates for a nuclear reactor project under seal, despite protests from public advocacy groups.

At a hearing on Tuesday, the North Carolina Utilities Commission issued a bench ruling, finding that Duke’s current cost estimates were trade secrets under North Carolina law.

The commission authorized Duke to continue to keep the information under wraps, although anyone who signs a confidentiality agreement can gain access to the data.

The hearing was focused...
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