Entergy

The U.S. Nuclear Regulatory Commission is preparing to accept public comments and requests for intervention for its review of the license transfer application for the Pilgrim Nuclear Power Station in Massachusetts. Pilgrim is scheduled to close by June 1 after nearly 47 years of service. Owner Entergy wants to sell the single-reactor facility on Capd […]

By John Stang The Vermont Public Utility Commission (VPUC) on Thursday approved the sale of the retired Vermont Yankee nuclear power plant from owner Entergy to a New York company for decommissioning. The three-person panel authorized an amendment to the 2002 certificate of public good regarding the ownership and operation of the single-reactor facility. This […]

Holtec Decommissioning International (HDI) expects to move all of the Pilgrim Nuclear Power Station’s used fuel assemblies from wet storage to dry storage by 2023, according to documents submitted earlier this month to the U.S. Nuclear Regulatory Commission. The data point is included in a set of documents provided as part of the Nov. 16 […]

Holtec Decommissioning International (HDI) expects to move all of the Pilgrim Nuclear Power Station’s used fuel assemblies from wet storage to dry storage by 2023, according to documents submitted earlier this month to the U.S. Nuclear Regulatory Commission. The data point is included in a set of documents provided as part of the Nov. 16 […]

The Nuclear Regulatory Commission is cautious about meeting the hoped-for schedule to issue a decision on the license transfer application for the Pilgrim Nuclear Power Station in Massachusetts. The single-reactor facility on Cape Cod is scheduled for closure by June 1 of next year. New Orleans-based owner Entergy plans to sell the plant to New […]

By John Stang Entergy and Holtec International are at least a couple weeks behind schedule in submitting the license transfer application and associated paperwork for the proposed sale of the Pilgrim Nuclear Power Station in Massachusetts. In late September, the two companies said they anticipated they would in October deliver to the Nuclear Regulatory Commission […]

Parties to a settlement agreement and memorandum of understanding for the planned sale of the Vermont Yankee nuclear power plant are allowing another month to secure final regulatory approval necessary for the deal. The new date at which parties are authorized to withdraw from the settlement, if the Vermont Public Utility Commission has not ruled […]

Entergy expects the license transfer application for its Pilgrim Nuclear Power Station in Massachusetts to proceed through review by the U.S. Nuclear Regulatory Commission more quickly than the recently wrapped process for the Vermont Yankee power plant, an executive said Wednesday. In both cases, the New Orleans-based energy provider wants to sell the facility to […]

Parties to a settlement agreement and memorandum of understanding for the planned sale of the Vermont Yankee nuclear power plant are allowing another month to secure final regulatory approval necessary for the deal. The new date at which parties are authorized to withdraw from the settlement, if the Vermont Public Utility Commission has not ruled […]

By John Stang The fact that the U.S. Nuclear Regulatory Commission tweaked the conditions for transferring the licenses for the Vermont Yankee nuclear power plant is cause for the state Public Utility Commission to reject the plan as it currently stands, an environmental group argued in a new filing Wednesday. Among the organizations authorized to […]

By John Stang The U.S. Nuclear Regulatory Commission is taking public comments through Nov. 19 on the proposed license transfer for the newly closed Oyster Creek Nuclear Generating Station in New Jersey. Parties also have until Nov. 8 to request to intervene and a public hearing on the proposed sale of the plant, according to an NRC […]

The Nuclear Regulatory Commission on this week approved the license transfer application for the Vermont Yankee nuclear power plant, putting the retired facility one step closer to being sold. The next and last major step in the regulatory process is approval from the Vermont Public Utility Commission, which site owner Entergy and prospective buyer NorthStar […]

The prospective owner of the retired Vermont Yankee nuclear power plant is requesting an exemption to federal rules so it can use $20 million from the facility’s decommissioning trust fund for “irradiated fuel management activities.” Staff at the Nuclear Regulatory Commission on Wednesday issued a finding of no significant impact (FONSI) for any potential environmental […]

Two members of Massachusetts’ congressional delegation on Monday demanded assurance that the planned sale and decommissioning of the Pilgrim Nuclear Power Station will not endanger the public’s safety or security. Sen. Ed Markey (D) and Rep. Bill Keating (D) made their case in letters to power company Entergy and energy technology firm Holtec International, respectively […]

The Nuclear Regulatory Commission said Sept. 28 it expects to need at least a couple extra weeks to issue its decision on the license transfer for the Vermont Yankee nuclear power plant. “[W]e have been saying we anticipated issuing a decision by the end of the third quarter,” NRC spokesman Neil Sheehan said by email. […]

Two members of Massachusetts’ congressional delegation on Monday demanded assurance that the planned sale and decommissioning of the Pilgrim Nuclear Power Station will not endanger the safety or security of local stakeholders. Sen. Ed Markey (D) and Rep. Bill Keating (D) made their case in letters to power company Entergy and energy technology firm Holtec […]

The Nuclear Regulatory Commission said Friday it expects to need at least a couple extra weeks to issue its decision on the license transfer for the Vermont Yankee nuclear power plant. “[W]e have been saying we anticipated issuing a decision by the end of the third quarter,” NRC spokesman Neil Sheehan said by email. “However, […]

The U.S. Nuclear Regulatory Commission is beginning the formal review of the license transfer application for the Oyster Creek Nuclear Generating Station in New Jersey from owner Exelon to planned owner Holtec International. The regulator informed Exelon by email Thursday that it had completed the acceptance review of the Aug. 31 application. The document was […]

By John Stang Staffers for two U.S. lawmakers and others on Tuesday raised concerns about whether there is enough money available for decommissioning the Pilgrim Nuclear Power Station in Massachusetts. The issue came up during a Nuclear Regulatory Commission meeting ahead of the anticipated application next month to transfer the plant’s operational license from owner […]

Decommissioning of the nearly retired Pilgrim Nuclear Power Station in Massachusetts could be largely complete in less than a decade if it can be sold, according to its owner and prospective buyer. Otherwise, the process could stretch on for decades, power company Entergy and energy technology firm Holtec International will tell the Nuclear Regulatory Commission […]

The U.S. Nuclear Regulatory Commission last week received the application to transfer the operating license for the Oyster Creek Generating Station in New Jersey from owner Exelon to prospective buyer Holtec International. Spokespeople for the NRC and Holtec confirmed the application had been filed and said it should be publicly available this week. No additional […]

Less than one year before its scheduled closure, the Pilgrim Nuclear Power Station in Massachusetts remains in the Nuclear Regulatory Commission’s lowest safety ranking allowed for an atomic energy plant to remain operational. The NRC made the determination in its latest quarterly performance evaluation for the single-reactor facility in Plymouth, made public on Thursday. It […]

The August doldrums in Washington weren’t quite as quiet as in past years, and there was plenty of news during the ExchangeMonitor’s annual publication break. As chronicled in the Weapons Complex Morning Briefing, here are a few stories we’ve been following. Parties Aim for Regulatory OK For Vermont Yankee Sale by Oct. 31 Parties to the […]

Exelon and Holtec international are expected within a matter of days to submit their application with the Nuclear Regulatory Commission for transfer of the license for the soon-to-close Oyster Creek Generating Station in New Jersey. Oyster Creek is one of three nuclear power plants Holtec plans to buy once they have ceased operations. Last week, […]

Parties to the settlement agreement for the sale of the retired Vermont Yankee nuclear power plant are betting they can secure federal and state regulatory approval for the deal by Oct. 31. That is the new date, according to a recent amendment to the settlement agreement, after which parties can withdraw if the sale has […]

All spent fuel at the retired Vermont Yankee Nuclear Power Station has been moved to dry storage, owner Entergy announced Thursday. The transfer campaign, conducted by Holtec International, began in June 2017. It involved removing nearly 3,000 sent fuel assemblies from wet storage and placing them in 45 storage casks, which were then transported to […]

By John Stang Holtec International announced this week it would buy three nuclear power plants set to close in coming months and years, then turn them over for decommissioning by a joint venture recently formed with a Canadian engineering corporation. On Tuesday, Chicago-based power company Exelon said it would sell its Oyster Creek Generating Station […]

Exelon Generation on Thursday reported a net income increase, on a generally accepted accounting principles basis, to $178 million in the second quarter of 2018, compared to a net loss of $235 million in the same period of 2017. Operating earnings were up year over year from $217 million to $331 million. Exelon Generation is […]

Power company Entergy on Wednesday announced a steep drop in earnings for the second quarter, even as it unveiled plans to unload two soon-to-close nuclear power plants. As-reported earnings fell from $410 million ($2.27 per share) in second-quarter 2017 to $245 million ($1.34 per share) in the latest reporting period. Operational earnings, on a non-generally […]

Holtec International said Wednesday it plans to buy two more nuclear power plants for decommissioning, in addition to the single-site acquisition announced just one day earlier. Power company Entergy will sell its Pilgrim Nuclear Power Station in Plymouth, Mass., and its Palisades Power Plant in Covert, Mich., after the reactors are shut down and defueled, […]