Pilgrim

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 […]

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 […]

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 […]

The owner and prospective owner of the Pilgrim Nuclear Power Station in Massachusetts on Friday filed the application and related paperwork for transferring the plant’s Nuclear Regulatory Commission license. Entergy wants to sell the soon-to-close single-reactor facility to Holtec, which would then own its decommissioning trust fund and all responsibility for decommissioning, site restoration, and […]

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 […]

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 […]

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 […]

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 […]

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 […]

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 continue operations. The NRC made the determination in its latest quarterly performance evaluation for the single-reactor facility in Plymouth, made public on Aug. 30. […]

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 […]

By John Stang Exelon and Holtec International aim by the end of this month to submit their application with the Nuclear Regulatory Commission to transfer the operating license for the soon-to-close Oyster Creek Generating Station in New Jersey. The two companies had initially hoped to submit the transfer application by Aug. 17. However, at an Aug. 15 […]

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, […]

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 […]

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, […]

By John Stang Executives with power company Entergy said Tuesday bringing the struggling Pilgrim Nuclear Power Station in Massachusetts up to operational snuff will not affect its scheduled closure by June 1, 2019. During a briefing of the Nuclear Regulatory Commission, Commissioner David Wright asked Entergy officials to rate the likelihood of the boiling-water reactor […]

Executives with power company Entergy said Tuesday bringing the struggling Pilgrim Nuclear Power Station in Massachusetts up to snuff will not affect its scheduled closure date by June 1, 2019. During a briefing of the Nuclear Regulatory Commission on Tuesday, Commissioner David Wright asked Entergy officials to rate the likelihood of the boiling-water reactor being […]