8-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): March 15, 2011

(Commission File Number)	Exact names of registrants as specified in their charters, address of principal executive offices, telephone number and state of incorporation	(IRS Employer Identification No.)
1-15929	PROGRESS ENERGY, INC.	56-2155481
	410 S. Wilmington Street
	Raleigh, North Carolina 27601-1748
	Telephone: (919) 546-6111
	State of Incorporation: North Carolina
1-3274	FLORIDA POWER CORPORATION d/b/a Progress Energy Florida, Inc. 299 First Avenue North St. Petersburg, Florida 33701 Telephone: (727) 820-5151 State of Incorporation: Florida	59-0247770

None

(Former Name or Former Address, if Changed Since Last Report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Section 8 – OTHER EVENTS

Item 8.01  Other Events.

Progress Energy, Inc. issued a press release today updating the status of the Crystal River Nuclear Plant outage.  A copy of this release is being furnished as Exhibit 99.1 to this Form 8-K.

Section 9 – FINANCIAL STATEMENTS AND EXHIBITS

Item 9.01  Financial Statements and Exhibits.

 (d)             EXHIBITS.

  99.1             Press Release dated March 15, 2011, with respect to the status of the Crystal River Nuclear Plant outage.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrants have duly caused this report to be signed on their behalf by the undersigned hereunto duly authorized.

	PROGRESS ENERGY, INC. and FLORIDA POWER CORPORATION d/b/a PROGRESS ENERGY FLORIDA, INC.
	Registrants
By:	/s/ David B. Fountain
	David B. Fountain
	Assistant Secretary Progress Energy, Inc. Corporate Secretary Florida Power Corporation d/b/a Progress Energy Florida, Inc.

Date:  March 15, 2011

INDEX TO EXHIBITS

  Exhibit No. Description

  99.1 Press Release dated March 15, 2011, with respect to the status of the Crystal River Nuclear Plant outage.

EX-99.1

EXHIBIT 99.1

Progress Energy provides update on Crystal River Nuclear Plant outage

Repair work and restart plans temporarily suspended

CRYSTAL RIVER, Fla. (March 15, 2011) – Progress Energy Florida has notified the Nuclear Regulatory Commission (NRC) and the Florida Public Service Commission (FPSC) that final retensioning of tendons within the Crystal River Nuclear Plant reactor building has been temporarily suspended while engineers investigate information from monitoring equipment at the repair site. The suspension will delay the planned April restart of the plant.

There are indications of additional delamination (or separation) resulting from the repair work. Engineers are evaluating the situation and will conduct a thorough assessment of repair options and the impact to the plant’s restart plans. The plant has been shut down since September of 2009 and there continues to be no threat to public health and safety.

“Our engineers will thoroughly evaluate all potential repair options.  This has been a first-of-a-kind repair and we will continue to move forward cautiously and deliberately,” said Vincent Dolan, president and chief executive officer of Progress Energy Florida.  “Our first priority remains protecting public health and safety. The plant remains shut down and is in a safe condition.”

A portion of the building was damaged in late 2009 during the process of creating an opening in the structure to remove and replace the steam generators inside. The unit was already shut down for refueling and maintenance at the time the damage was found.  The damage was delamination (or separation) of a portion of the concrete at the periphery of the containment building.

Progress Energy (NYSE: PGN), headquartered in Raleigh, N.C., is a Fortune 500 energy company with more than 22,000 megawatts of generation capacity and approximately $10 billion in annual revenues. Progress Energy includes two major electric utilities that serve about 3.1 million customers in the Carolinas and Florida. The company has earned the Edison Electric Institute's Edison Award, the industry's highest honor, in recognition of its operational excellence, and was the first utility to receive the prestigious J.D. Power and Associates Founder's Award for customer service. The company is pursuing a balanced strategy for a secure energy future, which includes aggressive energy-efficiency programs, investments in renewable energy technologies and a state-of-the-art electricity system. Progress Energy celebrated a century of service in 2008. Visit the company’s website at www.progress-energy.com.