Dive summary:

• A recent report said falling utility construction had contributed to a decline in nonresidential building, and a decision by Duke Energy to cancel a two-generator nuclear plant in Levy County, Fla., and build a gas-fired station instead will not help turn around that number.
• Even though it's canceling the nuke stations on the ground that some recent government actions make the project too uncertain, Duke reached an agreement with Florida regulators that lets it keep $1 billion it is collecting from rate payers for advance work.
• Duke says it has to site the gas-fired plant, and there is no way construction would begin for 12-24 months.

From the article:

Duke says it will continue to seek a license from the NRC for the Levy County site, noting that it is nearing the end of the licensing process.  ...