Utilities Flat Amid Power Outages -- Utilities Roundup

Features Dow Jones Newswires

Shares of power-plant operators were flat as traders awaited tallies of outages caused by Tropical Storm Harvey.

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More than 100,000 homes around Houston alone may have lost power during the storm and flooding.

Duke Energy cancelled plans to build a nuclear power plant in Levy County, Fla., shortly after canceling a South Caroline nuclear project. Work on the Florida plant was halted in 2013, and Duke said it won't resume construction, opting to invest in solar-generating capacity and a natural-gas plant in Florida instead.

Rob Curran, rob.curran@dowjones.com

(END) Dow Jones Newswires

August 29, 2017 17:08 ET (21:08 GMT)