Entergy

Diverting some money within the decommissioning trust fund for the retired Pilgrim Nuclear Power Station in Massachusetts would not undermine the intended function of the account, according to staff at the U.S. Nuclear Regulatory Commission. Agency staff on July 1 issued an environmental assessment and finding of no significant impact (FONSI) for Entergy’s application for […]

Diverting some money within the decommissioning trust fund for the Pilgrim Nuclear Power Station in Massachusetts would not undermine the intended function of the account, according to staff at the U.S. Nuclear Regulatory Commission. Agency staff on July 1 issued an environmental assessment and finding of no significant impact (FONSI) for Entergy’s application for a […]

Holtec International anticipates the U.S. Nuclear Regulatory Commission will within six weeks approve license transfer applications for two retired nuclear power plants, after which it would buy the properties for decommissioning, a company executive said Monday. Agency staff should in two weeks rule on the application for Holtec to assume the license for Exelon’s Oyster […]

The Pilgrim Nuclear Power Station shut down permanently late Friday afternoon. Entergy hopes by the end of the year to sell the Cape Cod property to Holtec International, which would assume all responsibility for cleanup and spent fuel management, along with the trust fund that will pay for the work. In 2015, the New Orleans-based power […]

By John Stang The Pilgrim Nuclear Power Station in Massachusetts was preparing to permanently shut down Friday, ahead of what its owner and prospective buyer hope will be a rapid decommissioning. “#FYI Tomorrow, Friday, May 31, control room operators at @PilgrimNuclear Power Station will shut down the reactor for the final time,” Entergy tweeted on […]

Entergy on Wednesday reported growth in earnings on both an as-reported and adjusted basis in the first quarter of 2019 as it further winds down its merchant nuclear power business. As-reported earnings came in at $255 million, or $1.32 per share, up from $133 million, or $0.73 per share, in the same quarter of 2018. […]

Entergy on Wednesday reported growth in earnings on both an as-reported and adjusted basis in the first quarter of 2019 as it further winds down its merchant nuclear power business. As-reported earnings came in at $255 million, or $1.32 per share, up from $133 million, or $0.73 per share, in the same quarter of 2018. […]

By John Stang Holtec International said Tuesday it aims to buy a fourth nuclear power plant that nearing retirement, the Indian Point Energy Center in upstate New York. The announcement came less than a month after the U.S. Nuclear Regulatory Commission asked Holtec to show it is not spread too thin to handle multiple nuclear […]

Holtec International said Tuesday it aims to buy a fourth nuclear power plant that is on the verge of retirement, the Indian Point Energy Center in upstate New York. The New Jersey energy technology company and Indian Point owner Entergy announced the planned deal in largely identical press releases Tuesday morning. If the sale goes […]

Entergy has asked the U.S. Nuclear Regulatory Commission to authorize the reduction of insurance for the Pilgrim Nuclear Power Station in Massachusetts following its closure a few weeks from now. In two March 25 letters, the New Orleans-based power company asked the agency to by April 1, 2020, approve exemptions to federal regulations on financial […]

The commonwealth of Massachusetts this week forcefully pushed back against the suggestion that it not be given party status in the U.S. Nuclear Regulatory Commission review of the license transfer application for the Pilgrim Nuclear Power Station. Power company Entergy is scheduled to close Pilgrim by May 31, then hopes this year to sell the […]

The owner and prospective buyer of the Pilgrim Nuclear Power Station in Massachusetts said this week that the state and a local advocacy group should not be allowed to intervene in the Nuclear Regulatory Commission license transfer review needed for the sale to proceed. In separate filings Monday with the NRC, power company Entergy and […]

By John Stang and Wayne Barber While it faces a potential 10-year ban on contracts with the Canadian government, SNC-Lavalin’s legal woes north of the border do not appear to automatically translate to similar troubles in the United States. The Montreal-based engineering and construction multinational is the parent company to Department of Energy contractor Atkins […]

The U.S. Nuclear Regulatory Commission said last week it could not answer a list of questions and concerns raised by three members of Massachusetts’ delegation to Congress regarding the license transfer application for the Pilgrim Nuclear Power Station. “Because the application is the subject of a current adjudication, the Commission must remain impartial during the […]

The U.S. Nuclear Regulatory Commission said last week it could not answer a list of questions and concerns raised by three members of Massachusetts’ delegation to Congress regarding the license transfer application for the Pilgrim Nuclear Power Station. “Because the application is the subject of a current adjudication, the Commission must remain impartial during the […]

Entergy on Monday began the last refueling and maintenance outage at the Indian Point nuclear power plant in upstate New York, ahead of the facility’s planned retirement in 2021. The New Orleans-based power company said the outage for reactor Unit 3 would last several weeks, but did not provide a more specific schedule. It cited […]

For the second time, the U.S. Senate Energy and Natural Resources Committee on Thursday approved four nominees for senior Department of Energy positions, including Rita Baranwal as assistant secretary for nuclear energy. By voice vote Thursday, the panel advanced all four to the full Senate. A committee press release did not say when the Senate […]

By John Stang The U.S. Nuclear Regulatory Commission this week moved Entergy’s soon-to-be-retired Pilgrim Nuclear Power Station out of the lowest safety ranking allowed for an operational power plant. “We noted several areas of sustained performance improvement including: (1) significant reduction in human performance- related events that adversely affected plant safety; (2) more effective and timely corrective […]

The U.S. Nuclear Regulatory Commission this week moved Entergy’s soon-to-be-retired Pilgrim Nuclear Power Station out of the lowest safety ranking allowed for an operational power plant. The agency had indicated last month it was preparing to elevate the facility from Column 4 to Column 1 of the its Action Matrix. The agency in 2015 placed the single-reactor […]

The Massachusetts Attorney General’s Office and a local watchdog organization this week petitioned for intervention and a hearing in the U.S. Nuclear Regulatory Commission’s review of the license transfer application for the nearly retired Pilgrim Nuclear Power Station. An affirmative decision from the NRC is required for owner Entergy to sell the plant to Holtec […]

By John Stang Entergy Wholesale Commodities, which operates three nuclear plants in the northeastern United States, on Wednesday posted another steep loss for the fourth quarter of 2018. The business reported a $373 million loss on an as-reported basis attributable to parent Entergy Corp., $2.04 per share. The loss on an operational basis was recorded […]

Entergy expects this year to select a company that will take ownership of its Indian Point nuclear power plant in New York for decommissioning, Chairman and CEO Leo Denault said Wednesday during an earnings teleconference with financial analysts. Denault did not elaborate on the numbers and identities of the prospective bidders for the deal. He said […]

Entergy Wholesale Commodities, which operates three nuclear plants in the northeastern United States, on Wednesday posted another steep loss for the fourth quarter of 2018. The business reported a $373 million loss on an as-reported basis, $2.04 per share. The loss on an operational basis was recorded at $158 million, or $0.87 per share. While […]

The Pilgrim Nuclear Power Station in Massachusetts could in March receive an improved safety rating from the U.S. Nuclear Regulatory Commission, just a couple months before its scheduled permanent closure. The Entergy boiling-water reactor plant on Cape Cod has since 2015 been in Column 4 of the NRC’s Action Matrix, multiple/repetitive degraded cornerstone — the […]

The U.S. Nuclear Regulatory Commission on Thursday formally began accepting petitions for hearings and intervention on the application to transfer the operating and spent fuel storage licenses for the Pilgrim Nuclear Power Station in Massachusetts. Power company Entergy plans to close the single-reactor plant by May 31 after nearly 47 years of operation. It hopes […]

The Pilgrim Nuclear Power Station in Massachusetts could in March receive an improved safety rating from the U.S. Nuclear Regulatory Commission, just a couple months before its scheduled permanent closure. The Entergy boiling-water reactor plant on Cape Cod has since 2015 been in Column 4 of the NRC’s Action Matrix, the lowest rank under which […]

By John Stang The Massachusetts Attorney General’s Office plans to formally raise concerns about decommissioning of the Pilgrim Nuclear Power Station as the U.S. Nuclear Regulatory Commission decides whether to allow owner Entergy to transfer its license to Holtec International. “The Attorney General intends … to intervene in the pending license transfer proceeding to articulate … […]

By John Stang The U.S. Nuclear Regulatory Commission expects to take nine months to a year to complete its technical review of the request from Entergy and Holtec International to transfer the federal license for the Pilgrim Nuclear Power Station in Massachusetts. The two corporations in November submitted the request to transfer the plant reactor […]

Power company Entergy on Friday completed the sale of its shuttered Vermont Yankee nuclear power plant to NorthStar Group Services, a deal more than two years in making. The announcement closes a first-of-its-kind deal for managing post-closure cleanup of these facilities, with the owner passing full responsibility for decommissioning, site restoration, and spent fuel management […]

The U.S. Nuclear Regulatory Commission expects to take nine months to a year to complete its review of the request from Entergy and Holtec International to transfer the federal license for the Pilgrim Nuclear Power Station in Massachusetts. The two corporations in November submitted the request to transfer the plant’s operations license and license for […]