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Nuclear Reactors

The nuclear industry is more than 50 years old. Its history is replete with a colossal financial disaster and a multitude of near-misses and catastrophic accidents like Three Mile Island and Chornobyl. Beyond Nuclear works to expose the risks and dangers posed by an aging and deteriorating reactor industry and the unproven designs being proposed for new construction.

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Tuesday
Sep012015

"Exelon plans cost cuts, won't rule out layoffs"

As reported by the Chicago Tribune, Illinois-based Exelon Nuclear has warned its employees that layoffs may lie ahead, as five atomic reactors in the state continue to hemorrhage money.

Exelon has been buffeted recently. The Washington, D.C. Public Service Commission (PSC) rejected Exelon's proposed takeover of Mid-Atlantic utility Pepco. The PJM capacity auction left Exelon reactors in three states in the lurch. The U.S. Environmental Protection Agency's Clean Power Plan did not give nuclear lobbyists, especially at Exelon, what they wanted. And the Illinois State Legislature went on summer recess on May 31st, without giving Exelon the $1.5 billion bailout it requested, at ratepayer expense, to prop up its uncompetitive reactors.

During testimony under oath before the DC PSC, Exelon Nuclear CEO Chris Crane, who wrote the memo that prompted the Chicago Tribune article above, also indicated that should Exelon takeover Pepco, job cuts at Pepco will follow. Exelon and Pepco have made known they plan to appeal the DC PSC's rejection by the 30-day deadline.

Thursday
Jul302015

Exelon threatens to close three reactors by early next year, absent $1.8 billion IL bailout

NRC file photo of two-reactor Quad Cities nuclear power plant in ILScott Stapf of the Hastings Group's tweet put it well: Nuclear blackmail: Exelon threatens to kill Quad Cities plant if IL lawmakers don't hand over loot.

As reported by Crain's Chicago Business, despite a windfall compliments of regional grid operator PJM (provided at ratepayer expense), Exelon Nuclear is nonetheless still threatening to close its two reactors at Quad Cities, unless the Illinois State Legislature provides it another massive bailout, to the tune of $1.8 billion.

Exelon has also said its downstate single reactor plant, Clinton, could be next to close, early next year, absent the state bailout. A dozen years ago, the Clinton site was a "Nuclear Renaissance" showcase, with a Nuclear Regulatory Commission rubber-stamped "Early Site Permit" for a second new reactor there, a proposal suspended many years ago now.

Nuclear Energy Information Service of Chicago has led the charge in opposition to the state nuclear bailout.

Earlier this week, E&E published an interview with John Rowe in which the former Exelon CEO said that shutting Illinois's uncompetitive atomic reactors is "the proper market-driven answer."

Tuesday
Jul282015

"Prefab Nuclear Plants Prove Just as Expensive"

"Burning money" graphic by Gene Case, Avenging AngelsRebecca Smith has reported in the Wall Street Journal that the "[m]odular method has run into costly delays and concerns about who will bear the brunt of the expense."

The Vogtle 3 & 4, GA, and Summer 2 & 3, SC Westinghouse-Toshiba AP1000 construction sites are featured. At the former, federal taxpayers would be left holding the bag for $8.3 billion in nuclear loan guarantees, if the project defaults. At the latter, ratepayers have been gouged, repeatedly, for many years, to finance the troubled construction.

These cost overruns and schedule delays were to be expected, however, based on the previous history of nuclear power in the U.S. and overseas.

More.

Monday
Jul202015

New reactor in Finland estimated to start up nine years behind schedule

As reported by NucNet, the Finnish nuclear utility TVO has revealed its latest estimate for grid connection of its Olkiluoto-3 reactor in Finland: 2018. That's nine years late, a major part of the reason that the original price tag has also soared. The new reactor is a French Areva EPR (European Pressurized Water Reactor).

And, as reported by Politico, another proposed new reactor project in Finland -- HANHIKIVI 1 -- may have suffered a serious setback, due to Finnish authorities' concerns about a potential Croatian partner's shadowy ties to Russian business interests.

Monday
Jul202015

"Downstream," by Arnie Gundersen, Fairewinds Energy Education

The Great Lakes -- around 85% of North America's surface fresh water, and over 20% of the world's -- provide drinking water for 40 million people in 8 U.S. states, 2 Canadian provinces, and a large number of Native American First Nations.Arnie Gundersen, Chief Engineer at Fairewinds Energy Education, has posted a blog entitled "Downstream," about the radioactive risks to the Great Lakes from dozens of atomic reactors located on their shorelines, in both the U.S. and Canada.

Gundersen has served as expert witness for Beyond Nuclear et al. in numerous challenges to continued operations at risky reactors on the Great Lakes, including Palisades and Fermi 3 in Michigan, as well as Davis-Besse in Ohio.

(Beyond Nuclear's pamphlet, "Routine Radioactive Releases from U.S. Nuclear Power Plants," also shows it doesn't take an accident to cause contamination of surface fresh water supplies, nor coastal oceanic fisheries for that matter. A map is included, indicating which watersheds are impacted by each operating reactor in the U.S.)