The chief executive of Duke Energy Carolinas said that the money could be reinvested into ‘advancing nuclear and natural gas generation’

North Carolina's Duke Energy's agreement raises the number of leases up for cancellation to nine, with $2.6bn in refunds committed by the administration

A Duke Energy subsidiary paid $155 million for the lease in 2022, saying it could support up to 1.6 GW of capacity. The utility now says it will “refocus” nearly $129 million to…