Vol. 9, No. 18 
WCS Submits Interim Fuel Storage Application to NRC
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Interim Storage & Waste Disposal
Utilities Weigh Consent-Based Siting
For David Victor, two years ago the prospect of removing spent fuel from the San Onofre Nuclear Generating Station and shipping it out of California seemed like a “political nightmare.” With communities across the country clamoring for the federal government to take title to nuclear waste being stored nearby and ship it elsewhere, and companies in Texas […]
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Contracts & Procurement
Entergy 1Q Earnings Down 23 Percent
Power company Entergy on Tuesday reported $230 million in consolidated earnings for the first quarter of 2016, down about 23 percent from $298.1 million from the same period in 2015. In a press release, the company, which owns the Vermont Yankee, Pilgrim, and James A. FitzPatrick nuclear power plants, in addition to other assets, reported first-quarter […]
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Contracts & Procurement
Studsvik 1Q Sales Up by 10.6 Percent
Sweden-based nuclear technology company Studsvik’s sales rose by 10.6 percent year over year in the first quarter of 2016, according to the company earnings report Monday. Sales increased from 156.8 Swedish krona (SEK) ($19.4 million) in first-quarter 2015 to 171.6 million SEK ($21.2 million) in the same time span this year, the report shows. According […]
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Contracts & Procurement
US Ecology Revenue Down 17 Percent in 1Q
North American waste company US Ecology recorded $113.3 million of total revenue for the first quarter of 2016, down from $136.7 million in the same quarter last year, according to the company’s latest earnings report released Thursday. Despite the decline, Chairman and CEO Jeff Feeler during an earnings call Friday described “solid financial results that were […]
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Budget & Policy
Senate Clinging to Hope for Stalled 2017 Energy and Water Spending Bill
Senators left Washington for a weeklong recess Friday without passing their fiscal 2017 energy and water spending bill, but the chamber’s Republican leader has vowed to try again on May 9, despite no signs that the partisan strife which prevented a floor vote this week will abate. The bill was cruising toward a vote Wednesday […]
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Interim Storage & Waste Disposal
DOE Borehole Project Faces More Opposition
The contractor for the Department of Energy’s project to test the feasibility of storing nuclear waste in deep boreholes has run into more opposition, this time in South Dakota, after abandoning its original test site in North Dakota. Battelle Memorial Institute representatives met with residents and officials in Spink County, S.D., on Wednesday and Thursday to […]
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International
Barndioota Gets Nod for Australian Radioactive Waste Site
Barndioota, South Australia, has preliminary been selected as the site of the nation’s first permanent storage site for low- and intermediate-level nuclear waste, MP Josh Frydenberg, minister for resources, energy, and Northern Australia, announced Friday. The site was among six locations – two others in South Australia and individual spots in New South Wales, Queensland, and […]
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International
On Chernobyl Anniversary, EU Pledges €20M to Nuclear Safety Account
In observing the 30th anniversary of the Chernobyl nuclear disaster, the European Commission on Monday pledged €20 million to its Nuclear Safety Account as part of the €45 million total expected from the multinational body and the Group of Seven nations. The fund finances decommissioning work for units 1, 2, and 3 at Ukraine’s Chernobyl […]
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Commercial Decommissioning
Wrap Up: Vermont Yankee Insurance Drops From $1B to $50M
U.S. The Nuclear Regulatory Commission is issuing an exemption that allows Vermont Yankee Nuclear Power Plant owner Entergy to reduce its on-site insurance from about $1 billion to $50 million. In a notice issued this week, NRC reasoned that because Vermont Yankee is shut down, the severity of potential accidents that could occur at the […]