Archive

Entergy

A utility operating commercial nuclear power plants across the U.S. South, covered here for reactor operations, licensing, and clean energy strategy.

  • Financial Assurance Talks Continuing in Vermont Yankee Sale

    By John Stang The Vermont Public Utility Commission (PUC) this week postponed a status conference on talks over the sale of the retired Vermont Yankee nuclear power plant to Feb. 5 because negotiations are still unresolved. The PUC had scheduled the status conference for Thursday with representatives from plant owner Entergy, prospective buyer NorthStar Group […]

  • Entergy, NextEra Drop Out of Nuclear Industry Lobbyist

    By John Stang Power companies Entergy and NextEra Energy have left the Nuclear Energy Institute, the lobbying arm of the nuclear power industry, for reasons not made clear this week. Entergy and NEI cited business-related causes for the departures, but declined to elaborate. “While we will no longer be a member of NEI, we will continue […]

  • Vermont Yankee Sale Review Events Delayed

    The Vermont Public Utility Commission (PUC) on Tuesday canceled a public hearing and set of evidentiary hearings in its review of the proposed sale of the retired Vermont Yankee nuclear power plant. The move is intended to give the various parties to the process time to review and discuss a revised financial assurance proposal for […]

  • Vermont Yankee Sale Review Events Canceled

    The Vermont Public Utility Commission on Tuesday canceled a public hearing and set of evidentiary hearings in its review of the proposed sale of the retired Vermont Yankee nuclear power plant. The move is intended to give the various parties to the process time to review and discuss a revised financial assurance proposal for the […]

  • Revised Financial Assurance Plan Offered for Vermont Yankee Sale

    The owner and prospective buyer of the Vermont Yankee nuclear power plant have revised their financial assurance plan to address concerns about the sale. The update was noted in a Jan. 5 letter from Stephanie Hoffman, special counsel for the Vermont Public Service Department, to Judith Whitney, clerk for the Vermont Public Utility Commission. Hoffman […]

  • New Date Set for Vermont Yankee Sale Hearing

    The Vermont Public Utility Commission on Friday rescheduled to Jan. 18 its second public hearing on the proposed sale of the shuttered Vermont Yankee nuclear power plant. The hearing had been scheduled for last Thursday, but was interrupted by the massive winter storm that hit the East Coast at midweek. The session is now due […]

  • NRC Gives Final OK for Vermont Yankee Decommissioning Trust Exemption

    The Nuclear Regulatory Commission has given final authorization for power company Entergy to use the decommissioning trust for the retired Vermont Yankee nuclear power plant for management of the site’s irradiated fuel. The regulator announced publication of its environmental assessment and finding of no significant impact (FONSI) on the exemption in a Dec. 26 Federal […]

  • Wrap Up: Additional Depositions Scheduled in Vermont Yankee Sale

    A second round of state depositions has been scheduled for January on the proposed sale of the retired Vermont Yankee nuclear power plant. Depositions were previously held in October as the Vermont Public Utility Commission considers whether to authorize transfer of ownership of Vermont Yankee from power company Entergy to nuclear decommissioning specialist NorthStar Group […]

  • Additional Depositions Scheduled in Vermont Yankee Sale

    A second round of state depositions has been scheduled for January on the proposed sale of the retired Vermont Yankee nuclear power plant. Depositions were previously held in October as the Vermont Public Utility Commission considers whether to authorize transfer of ownership of Vermont Yankee from power company Entergy to nuclear decommissioning specialist NorthStar Group […]

  • More DOE Money Anticipated to Fund Vermont Yankee Decommissioning

    The current and prospective owner of the Vermont Yankee nuclear power plant believe they can count on additional legal wins against the Department of Energy to help finance decommissioning of the shuttered facility. Power company Entergy and nuclear decommissioning specialist NorthStar Group Services also say they should not need a new Nuclear Regulatory Commission exemption […]

  • Entergy Plans $4M Disbursement from Vermont Yankee Decommissioning Trust

    Power company Entergy last month notified the Nuclear Regulatory Commission of plans for a new $4 million disbursement from its decommissioning trust for the shuttered Vermont Yankee nuclear power plant. “The disbursement request is expected to include, among other things, site-specific decommissioning costs related to licensing/emergency planning contractor costs, insurance and property tax,” according to […]

  • New York Lawmaker Promotes Interim Storage of Nuclear Waste

    A lawmaker from New York state has introduced legislation aimed at easing the way for placing spent fuel and high-level radioactive waste into interim storage until a permanent repository is built. The “Removing Nuclear Waste from our Communities Act of 2017,” from Rep. Nita Lowey (D-N.Y.), would authorize the energy secretary to enter into contracts […]

  • Entergy Could Face $25 Million Annual Decommissioning Fee for Pilgrim

    Thomas Gardiner The owner of the Pilgrim Nuclear Power Station (PNPS) in Massachusetts and nuclear watchdogs are questioning the effectiveness of state legislation that would force the company to pay the state $25 million annually for each year decommissioning of the facility remains unfinished after a half-decade. The bill was filed in January in the […]

  • Entergy Could Face $25 Million Annual Decommissioning Fee for Pilgrim

    The owner of the Pilgrim Nuclear Power Station (PNPS) in Massachusetts and nuclear watchdogs are questioning the effectiveness of state legislation that would force the company to pay the state $25 million annually for each year decommissioning of the facility remains unfinished after a half-decade. The bill was filed in January in the Massachusetts General […]

  • NRC Wants More Info on Vermont Yankee License Transfer

    The U.S. Nuclear Regulatory Commission has requested additional data from power provider Entergy regarding the application to transfer the operations and spent fuel storage licenses for its Vermont Yankee nuclear plant to planned facility buyer NorthStar Group Services. Entergy closed Vermont Yankee in 2014, and in February joined the New York City-based nuclear decommissioning specialist […]

  • NRC Wants More Info on Vermont Yankee License Transfer

    The Nuclear Regulatory Commission has requested additional data from Entergy regarding the application to transfer the operations and spent fuel storage licenses for its shuttered Vermont Yankee nuclear power plant to planned facility buyer NorthStar Group Services. The companies filed the application in February with the federal regulator, with the aim of completing the sale […]

  • Wrap Up: Entergy Narrows Timeline for Palisades Closure

    Entergy has slightly narrowed its new timeline for closure of the Palisades Power Plant in Michigan, according to a recent letter to the U.S. Nuclear Regulatory Commission. The power provider had planned to close the nuclear facility next October, but in September pushed that back to spring 2022 following the dissolution of a deal for […]

  • Vermont Yankee Spent Fuel Transfer Stays on Schedule

    Thomas Gardiner The transfer of spent fuel at the shuttered Vermont Yankee nuclear plant is proceeding as planned, a manager for owner Entergy said last week during a meeting of the state’s Nuclear Decommissioning Citizens Advisory Panel. “We are transferring an average of one canister per week,” according to Joseph Lynch, the power company’s senior […]

  • Entergy Narrows Timeline for Palisades Closure

    Entergy has slightly narrowed its new timeline for closure of the Palisades Power Plant in Michigan, according to a recent letter to the U.S. Nuclear Regulatory Commission. The power provider had planned to close the nuclear facility next October, but last month pushed that back to spring 2022 following the dissolution of a deal for […]

  • Vermont Yankee Spent Fuel Transfer Stays on Schedule

    The transfer of spent fuel at the shuttered Vermont Yankee nuclear plant is proceeding as planned, a manager for owner Entergy said Thursday during a meeting of the state’s Nuclear Decommissioning Citizens Advisory Panel. “We are transferring an average of one canister per week,” Joseph Lynch, Entergy senior manager for government affairs, said during an […]

  • Entergy Earnings Rise in Third Quarter

    Power company Entergy on Tuesday reported higher earnings on both an as-reported and operational basis for the third quarter of the year. After-tax as-reported earnings rose from $388.2 million ($2.16 per share) in third-quarter 2016 to $398.2 million ($2.21 per share) in the latest earnings period. Operational earnings, on a non-generally accepted accounting principles basis, […]

  • Entergy Earnings Rise in 3Q

    Power company Entergy on Tuesday reported higher earnings on both an as-reported and operational basis for the third quarter of the year. After-tax as-reported earnings rose from $388.2 million ($2.16 per share) in third-quarter 2016 to $398.2 million ($2.21 per share) in the latest earnings period. Operational earnings, on a non-generally accepted accounting principles basis, […]

  • NRC Gets Formal Notice of Revised Palisades Closure Schedule

    The Nuclear Regulatory Commission has received formal notice of Entergy’s intent to close its Palisades Power Plant in Michigan more than three years later than it had recently planned. Power operations will end in spring 2022, Charles Arnone, site vice president for Entergy Nuclear Operations, said in a Sept. 28 letter to the NRC. The […]

  • Wrap Up: Indian Point Gets Break on NRC Post-Fukushima Requirements

    The Nuclear Regulatory Commission has approved a request to effectively suspend the requirement that the Indian Point Energy Center in New York state complete fresh assessments of earthquake and flooding risks. The regulator in 2012 required that all holders of nuclear power reactor licenses and construction permits conduct the evaluations in the wake of the […]

  • Indian Point Gets Break on NRC Post-Fukushima Requirements

    The Nuclear Regulatory Commission has approved a request to effectively suspend the requirement that the Indian Point Energy Center in New York state complete fresh assessments of earthquake and flooding risks. The regulator in 2012 required that all holders of nuclear power reactor licenses and construction permits conduct the evaluations in the wake of the […]

  • NRC Gets Formal Notice of Revised Palisades Closure Schedule

    The Nuclear Regulatory Commission has received a formal notice of Entergy’s plans to close its Palisades Power Plant in Michigan more than three years later than earlier scheduled. Power operations will end in spring 2022, Charles Arnone, site vice president for Entergy Nuclear Operations, said in a Sept. 28 letter to the NRC. The letter, […]

  • ADP Deal for Nuclear Plant Acquisitions Slowed as One Keeps Running

    An AREVA Nuclear Materials-NorthStar Group Services joint venture no longer expects to seal the deal in 2017 on its first acquisitions of nuclear plants for decommissioning, an executive said this week. The two companies in February announced the formation of Accelerated Decommissioning Partners, which would buy closed nuclear plants and take charge of decommissioning, site […]

  • ADP Deal for Nuclear Plant Acquisitions Delayed

    An AREVA-NorthStar Group Services joint venture no longer expects to seal the deal in 2017 on its first acquisitions of nuclear plants for decommissioning, an executive said Monday. The two companies in February announced the formation of Accelerated Decommissioning Partnership, which would buy closed nuclear plants and then carry out decommissioning, site restoration, and used […]

  • Palisades Nuclear Plant Closure Delayed Nearly Four Years

    Thomas Gardiner The Palisades Power Plant in Michigan will remain operational more than three years longer than planned, to spring 2022, owner and operator Entergy announced Thursday following the mutual termination of plans for state utility Consumers Energy to buy the companies’ power purchase agreement. The announcement comes less than a week after the Michigan […]

  • Pilgrim Plant to Move 600 Used Fuel Assemblies to Dry Storage

    Thomas Gardiner Degrading safety equipment in the spent nuclear fuel pool at the Pilgrim Nuclear Power Station in Massachusetts forced plant owner and operator Entergy to devise a plan to more than double its current number of used fuel assemblies in dry cask storage. The current storage situation, in which close to 3,000 spent fuel […]