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New York AG Petitions for Hearing in Indian Point License Transfer

The New York state Attorney General’s Office and two other parties this week filed petitions for hearings with the Nuclear Regulatory Commission on the proposed license transfer and sale of the Indian Point Energy Center. Along with the Attorney General’s Office, the petitioners are: jointly the town of Cortlandt, village of Buchanan, and Hendrick Hudson […]

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Comprehensive Decommissioning International Secures Pilgrim Contract

Comprehensive Decommissioning International (CDI) has secured the contract for decommissioning the retired Pilgrim Nuclear Power Station in Massachusetts, one of the company’s owners said Monday. The deal is worth hundreds of millions of dollars, Canadian engineering firm SNC-Lavalin stated in a press release. It was signed on Jan. 31, CDI spokesman Pat O’Brien said by […]

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FirstEnergy Solutions Creditors to Get $225 Million

By John Stang FirstEnergy Corp. plans to pay $225 million in cash this year to the creditors of soon-to-be-former subsidiary FirstEnergy Solutions. FirstEnergy Chief Financial Officer Steve Strah mentioned that cash payment in a Friday morning teleconference with analysts to discuss the Akron, Ohio-based corporation’s 2019 annual and fourth quarter financial picture. He did not […]

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Advocacy Group Files New Petition Against SONGS Decommissioning

By John Stang Arguing that a worst-case scenario could result in geysers of radioactive water erupting on the California coast, an advocacy organization filed a new petition Tuesday to the Nuclear Regulatory Commission to stop the decommissioning of the retired San Onofre Nuclear Generating Station. (SONGS). SONGS majority owner Southern California Edison countered that the […]

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Sellafield Ltd. Gets New Chief Executive

An executive with the U.K. government-owned organization that manages the Sellafield nuclear site has been promoted to chief executive. Martin Chown began his new role on Feb. 1, according to a press release from the U.K.’s Nuclear Decommissioning Authority. He succeeds Paul Foster, who stepped down in January after four years on the job. Chown […]

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Comprehensive Decommissioning International Secures Pilgrim Contract

Comprehensive Decommissioning International (CDI) has secured the contract for decommissioning the retired Pilgrim Nuclear Power Station in Massachusetts, one of the company’s owners said Monday. The deal is worth hundreds of millions of dollars, Canadian engineering firm SNC-Lavalin stated in a press release. It was signed Friday, CDI spokesman Pat O’Brien said by email. The […]

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Companies Aim to Cut Cost, Timeline for Three Mile Island Reactor Decommissioning

By John Stang The current and would-be owner of the infamous Three Mile Island reactor Unit 2 in Pennsylvania believe almost $300 million and 16 years can be trimmed from the prior decommissioning plan for the facility. In a package submitted Dec. 12, 2019, to the Nuclear Regulatory Commission, GPU Nuclear and TMI-2 Solutions said decommissioning […]

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Final Sale of AECOM Govt. Contracting Business Imminent

International engineering and construction provider AECOM appears poised to complete the $2.4 billion sale of its government contracting division to a joint venture of two New York investment firms, a company official said Tuesday. Eric Knox, AECOM vice president for strategic development for nuclear and environment, cited the impending change during a panel discussion at […]

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U.K. Rad Waste Stockpile to Reach 4.6 Million Cubic Meters, Report Says

The United Kingdom is expected to generate 4.6 million cubic meters of radioactive waste through 2135, most of it from nuclear power production, according to the latest inventory from the government’s Department for Business, Energy, and Industrial Strategy (BEIS). The department inventories the nation’s existing and anticipated holdings of radioactive waste and materials every three […]

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Nuclear Power Plant Decommissioning Trusts Held $64.7B at End of 2018

Decommissioning trust funds for 119 operational and retired nuclear power reactors in the United States together held $64.7 billion at the end of 2018, according to the latest update from the U.S. Nuclear Regulatory Commission. Two power providers initially failed to demonstrate “decommissioning funding assurance” for a handful of reactors, though those issues were all […]

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