Entergy has suggested New York adopt a clean-energy credit for all emission-free energy sources that rewards utilities by clean megawatt-hours generated. "The long-lived character of CO2 in the atmosphere means that a ton of CO2 not emitted today is as important as the ton avoided tomorrow," said Analysis Group Managing Principal Susan Tierney, who served as an expert witness on Entergy's behalf.
The proposed construction of a nuclear reactor by PSEG Nuclear in New Jersey meets the safety and environmental requirements necessary for an Early Site Permit, according to the Nuclear Regulatory Commission's Atomic Safety and Licensing Board. "Though we have no immediate plans to pursue construction, we continue to believe that nuclear plays a key role today and also in the future in meeting New Jersey and America's clean air goals," said PSEG Nuclear spokesman Joe Delmar.
While Entergy's nuclear plants are safe, the utility would like to improve operational performance, according to Chairman and CEO Leo Denault. "Operational excellence is integral to our business model and a core competency we must maintain to maximize value for all of our stakeholders," Denault said. "We've made it a top priority in 2016 to strengthen the culture of operational excellence throughout our organization."
FirstEnergy's Davis-Besse nuclear plant in Ohio will provide "a positive earnings per share" in the first quarter of 2016, according to FirstEnergy Solutions President Donny Schneider.
Illinois businesses would be adversely affected by the premature closure of nuclear plants within the state, writes Illinois Hispanic Chamber of Commerce President and CEO Omar Duque. Nuclear plants pay about $290 million annually in state and local taxes while providing businesses with affordable energy, Duque notes. "We need an energy policy that values the benefits nuclear energy provides to our state and allows all low-carbon sources of technology to compete on a level playing field," he writes.
The Kalpakkam prototype fast breeder reactor in India should go critical by the end of this year, according to Minister for Science and Technology Jitendra Singh. Two additional fast breeder reactors have been proposed at the site, Singh added.
Spending for the Mixed Oxide Fuel Fabrication Facility was among the topics as the House Armed Services Committee examined the fiscal 2017 National Defense Authorization Act on Wednesday. The House and Senate proposals include $340 million and $270 million in MOX funding, respectively. The Obama administration and the National Nuclear Security Administration have proposed moving on from the MOX facility in favor of the Waste Isolation Pilot Plant in New Mexico.
An investigative team from Japan's Nuclear Regulation Authority indicated that a fault running under Hokuriku Electric Power's Shika Unit 1 reactor is active. Japan currently has standards in place that disallow reactors from being built on sites above active faults.
Waste Control Specialists is expected to announce today that it will seek a license from the Nuclear Regulatory Commission to operate an interim used nuclear fuel storage facility. If successful, the Texas-based storage company would be allowed to store both low-level radioactive materials and used nuclear fuel.
The future of Vattenfall's nuclear plants in Sweden depends on whether the country will abolish its nuclear tax, according to Vattenfall President and CEO Magnus Hall. "An abolishment of the nuclear tax is needed in order to secure continued operation of our nuclear power plants," Hall said. "Combined with falling electricity prices, the current nuclear tax is contributing to a critical situation in which none of our reactors are profitable."
- Page 1