Commercial Decommissioning

Michigan lawmakers sounded off Thursday after Entergy announced that it plans to shut down its Palisades Nuclear Power Plant in October 2018, citing “business risks of continued operation.” Located in Covert, Mich., Palisades began operation in 1971, held a purchase power agreement through 2022, and a Nuclear Regulatory Commission operating license through 2031. The plant generates […]

Illinois Gov. Bruce Rauner (R) on Wednesday signed into law the Future Energy Jobs Bill, an energy subsidy package intended to stave off closures at Exelon’s Quad Cities Generating Station and the Clinton Power Station. “The Future Energy Jobs bill protects taxpayers, ratepayers, and the good-paying jobs at the Clinton and Quad Cities’ plants,” Rauner […]

Illinois lawmakers on Thursday passed the Future Energy Jobs Bill, a controversial package of subsidies that power provider Exelon says will allow it to maintain operation of the Quad Cities Generating Station and the Clinton Power Station nuclear plants. The company had previously said it would close the facilities without nuclear subsidies. Both the Illinois House and […]

Maintaining operation of the Quad Cities Generating Station and the Clinton Power Station would save Illinois taxpayers $364 million annually in electricity costs, the Brattle Group economic consulting firm said in a report Monday. The report was delivered as the Illinois General Assembly considers the Future Energy Jobs Bill (S.B. 2814), a controversial piece of […]

All spent fuel has been permanently removed from the Fort Calhoun Station’s reactor vessel and moved into a spent fuel pool, the Omaha Public Power District (OPPD) told the Nuclear Regulatory Commission recently. Files made publicly available Tuesday show OPPD filed its certification with NRC Nov. 13. Permanent removal means OPPD can no longer operate […]

Conservationists and residents on Monday continued calling on the Nuclear Regulatory Commission to shut down the Pilgrim Nuclear Power Station, with another rally outside the Massachusetts State House. Cape Downwinders — a collection of residents from Cape Cod, Martha’s Vineyard, and Nantucket – again asked that Gov. Charlie Baker (R) support closing the 44-year-old Plymouth facility, which […]

The New York Public Service Commission on Thursday approved Entergy’s $110 million sale of its James A. FitzPatrick Nuclear Power Plant to Exelon, saying the deal will allow the state to achieve its 2030 carbon reduction goals. The transaction still requires approval from the Nuclear Regulatory Commission, the Federal Energy Regulatory Commission, and the Department of […]

Illinois is once again considering comprehensive energy legislation that utility Exelon claims is necessary to stave off closures of its Quad Cities Generating Station and the Clinton Power Station, despite critics’ claims that the bill is an unnecessary bailout for a profitable company. The Future Energy Jobs bill (SB 2814) was introduced in the Illinois General Assembly […]

The Nuclear Regulatory Commission is requesting additional information from power company Entergy concerning its application to transfer the license of its James A. FitzPatrick Nuclear Power Plant to Exelon as part of a $110 million deal to sell the facility. The regulator wants to ensure the facility maintains proper staffing levels over the course of […]

Entergy has agreed to sell its shuttered Vermont Yankee Nuclear Power Plant to NorthStar Group Services, a deal the company said will shorten the timeline to fully decommission the facility from 2075 to 2030. The company announced the deal Tuesday, days after Vermont Public Service Commissioner Chris Recchia argued the Vernon plant could be decommissioned […]

U.S. There was extensive discussion and widespread agreement during Thursday’s meeting of the San Onofre Community Engagement Panel on the need to move forward with consolidated interim storage of U.S. nuclear waste, according to Chairman David Victor. Representatives from San Onofre Nuclear Generating Station (SONGS) owner Southern California Edison and local community members spoke at the panel’s meeting in […]

An article in Tuesday’s Weapons Complex Morning Briefing should have stated that companies are bidding for about $1 billion in dismantlement contract work at the San Onofre Nuclear Generating Station. The entire cost of decommissioning, including site restoration and fuel storage, is $4.4 billion.

Entergy has agreed to sell its Vermont Yankee Nuclear Power Plant to NorthStar Group Services, a deal the company said will shorten the timeline to fully decommission the facility from 2075 to 2030. The company announced the deal Tuesday, days after Vermont Public Service Commissioner Chris Recchia argued the Vernon plant could be decommissioned in the […]

The San Onofre Community Engagement Panel is set to meet Thursday to discuss the past three years of preparation to decommission the San Onofre Nuclear Generating Station, as well as plans moving forward. Bidders for the estimated $4.4 billion project are Team Holtec, a team led by Bechtel, and an AECOM/EnergySolutions partnership. Plant majority owner Southern […]

Edison International recorded net income of $419 million, or $1.29 per share, for the third quarter of 2016, compared to $421 million, also $1.29 per share, in the same period for 2015, the California utility announced Tuesday in its latest earning report. Based in Rosemead, Calif., Edison International is the parent company of Southern California […]

Edison International recorded a net income of $419 million, or $1.29 per share, for the third quarter of 2016, compared to $421 million, also $1.29 per share, in the same period for 2015, the California utility announced Tuesday in its latest earning report. Based in Rosemead, Calif., Edison International is the parent company of Southern […]

Approval of Switzerland’s nuclear power phase-out initiative later this month will mean a $2.56 billion loss for Alpiq, the Swiss utility said in a statement Monday. The Swiss government moved to phase out nuclear power in the wake of the 2011 reactor meltdowns at Japan’s Fukushima Daiichi nuclear power plant, drawing up the Energy Strategy 2050. […]

The Fort Calhoun Station permanently shut down Monday, ending a 43-year operational run for the Nebraska nuclear power plant, which now faces defueling and a $1.2 billion decommissioning. Located about 20 miles north of Omaha, Fort Calhoun is America’s smallest nuclear power plant. The Omaha Public Power District’s (OPPD) Board of Directors unanimously approved the […]

The Nuclear Regulatory Commission on Thursday denied the state of Vermont’s request for a hearing concerning Entergy’s use of the Vermont Yankee Nuclear Power Plant’s decommissioning trust fund, ruling that the utility can use money from the account for spent fuel management expenses. Vermont filed a hearing request in April with the NRC, challenging Entergy’s license […]

Exelon Corp. on Wednesday reported $490 million in generally accepted accounting principles (GAAP) net income for the third quarter of 2016, a 22 percent decrease from the $629 million reported in 2015. GAAP diluted earnings per share dropped from $0.69 to $0.53. On a non-GAAP basis, net income rose from $757 million to $841 million, […]

U.S. Decommissioning of the Zion Nuclear Power Station is now 88 percent complete and well ahead of its original 10-year project timeline, EnergySolutions announced Tuesday. The Illinois facility, which was retired in 1998, is now on schedule and within budget for completion of decommissioning in 2018, according to the company. Decommissioning, which was budgeted at […]

Power company Entergy on Tuesday reported a third-quarter profit of $388.2 million, a massive improvement from the $723 million loss reported in the same period of 2015.  The New Orleans-based company owns and operates power plants that produce about 30,000 megawatts of electric generating capacity, including nearly 10,000 megawatts of nuclear power. Entergy’s Wholesale Commodities […]

Exelon Corp. on Wednesday reported $490 million in generally accepted accounting principles (GAAP) net income for the third quarter of 2016, a 22 percent decrease from the $629 million reported in 2015. GAAP diluted earnings per share dropped from $0.69 to $0.53. On a non-GAAP basis, net income rose from $757 million to $841 million, […]

The Fort Calhoun Station permanently shut down Monday, ending a 43-year operational run for the Nebraska nuclear power plant, which now faces defueling and a $1.2 billion decommissioning. Located about 20 miles north of Omaha, Fort Calhoun is America’s smallest nuclear power plant. The Omaha Public Power District’s (OPPD) Board of Directors unanimously approved the […]

Decommissioning of the Zion Nuclear Power Station is now 88 percent complete and well ahead of its original 10-year project timeline, EnergySolutions announced Tuesday. The Illinois facility, which was retired in 1998, is now on schedule and within budget for completion of decommissioning in 2018, according to the company. Decommissioning, which was budgeted at just […]

Power company Entergy on Tuesday reported a third-quarter profit of $388.2 million, a massive improvement from the $723 million loss reported in the same period of 2015. The New Orleans-based company owns and operates power plants that produce about 30,000 megawatts of electric generating capacity, including nearly 10,000 megawatts of nuclear power. Entergy’s Wholesale Commodities (EWC) […]

A group of conservationists held a rally at the Massachusetts State House on Thursday, calling on Gov. Charlie Baker (R) to support shutting down the Pilgrim Nuclear Power Station, which has been plagued by operational issues since 2013. Cape Downwinders — a group consisting of residents from Cape Cod, Martha’s Vineyard, and Nantucket —joined the […]

The Fort Calhoun Station will cease operations on Monday, a manager with the Omaha Public Power District (OPPD) told the Nuclear Regulatory Commission this week, as the company ramps up its $1.2 billion decommissioning project at the Nebraska nuclear facility. OPPD’s Board of Directors in June unanimously approved shutting down the 43-year-old, Blair, Neb., facility, […]

The Fort Calhoun Station will cease operations on Monday, a manager with the Omaha Public Power District (OPPD) told the Nuclear Regulatory Commission this week, as the company ramps up its $1.2 billion decommissioning project at the Nebraska nuclear facility. OPPD’s Board of Directors in June unanimously approved shutting down the 43-year-old, Blair, Neb., facility, […]

A group of conservationists has scheduled a rally at the Massachusetts State House on Thursday, calling on Gov. Charlie Baker (R) to support shutting down the Pilgrim Nuclear Power Station, which has been plagued by operational issues since 2013. Cape Downwinders — a group consisting of residents from Cape Cod, Martha’s Vineyard, and Nantucket — will join the […]