Publications: ExchangeMonitor Morning Briefing

Dominion Energy, Richmond, Va., saw its profits rebound last year from a loss in 2020, according to recent financial filings. The utility company reported a net income of around $3.2 billion, or $3.98 a share, for the fiscal year ended Dec. 31, according to a 10-K form filed Feb. 24. That figure was up significantly, […]

One of the Tennessee Valley Authority reactors that produces tritium for U.S. nuclear weapons on Tuesday switched off for the scheduled replacement of all four of its steam generators, the federally owned corporation said Wednesday. Besides replacing the steam generators at Watts Bar Unit 2, workers will “load 88 new nuclear fuel assemblies, perform inspections […]

Despite the Russian president’s declaration of a nuclear alert following that country’s invasion of its neighbor, Ukraine, U.S. nuclear posture had not changed as of Tuesday, the head of the U.S. Strategic Command told lawmakers in an open hearing. “My command, as always, is ready to execute our strategic deterrence mission,” Adm. Charles Richard, commander […]

Did luck keep a Columbia Generating Station radiation-exposure incident in May from being worse than it was? Or did good planning play a key role?  Those questions face Nuclear Regulatory Commission officials as they decide how much Energy Northwest should be blamed for a May 28, 2021 pipe-welding incident that exposed 22 people to radiation […]

Nuclear segment revenue at Entergy, New Orleans, was down over $200 million in 2021, mainly due to a New York nuclear reactor shutting down last spring, the company said in recently-published financial documents. For the year ended Dec. 31, Entergy Wholesale Commodities, the business segment responsible for operating the company’s nuclear fleet, reported around $698 […]

Hanford returned to business as usual by 3 p.m. Pacific time Tuesday after an apparent false alarm over reports of shots being fired. “We have found no evidence to suggest there was an active shooter,” the Benton County Sheriff’s Office posted on its Facebook page Tuesday afternoon. Hanford officials believe the reported shots were some […]

The Department of Energy Monday released fee scorecards for four contractors in charge of major reclamation, tank waste management, laboratory operation and site services at the sprawling Hanford Site in Washington state. In its first eight months on the job, Amentum-led Central Plateau Cleanup Co. (CPCC) won 79%, or $20.8 million, of a potential $26.5 […]

Four Rivers Nuclear Partnership, the Department of Energy contractor in charge of remediation at the Paducah Site in Kentucky, was deemed mostly “satisfactory” during fiscal 2021 and earned roughly half of its potential “adjective” fee, according to a recently-released scorecard from the agency. The joint venture made up of Jacobs, Fluor and BWX Technologies, earned […]

With the Department of Energy’s depleted uranium hexafluoride conversion plants offline during fiscal 2021, Atkins-led Mid-America Conversion Services won 70% of its subjective fee and 95% of its performance-based incentive fee, according to a scorecard published last week. The contractor earned more than $1.3 million out of a potential $1.9 million in subjectively reviewed fees […]

By Dan Parsons Around 2024, the National Nuclear Security Administration expects to take delivery of a pair of new AW139 helicopters, joining the Air Force in swapping a rotary fleet of Bell birds for Leonardo aircraft. The two Leonardo helicopters for the civilian agency’s aerial measuring system (AMS) fleet will carry the same distinctive livery […]

The White House on Monday officially nominated Kathryn Huff to lead the Department of Energy’s Office of Nuclear Energy, sending her nomination to the Senate about a month after announcing its intention to do so. Next up for Huff, who the Joe Biden administration tapped Jan. 24 to become the deputy assistant secretary of nuclear […]

The Department of Energy could begin doling out the first installments of credits for financially-troubled nuclear power plants this summer, the agency’s nuclear fuel cycle chief said Monday. Mid-June “is the best estimate we can offer” on when DOE’s initial payments could go out, said Andrew Griffith, the Office of Nuclear Energy’s deputy assistant secretary […]

A proposed change to the Nuclear Regulatory Commission’s nuclear decommissioning rulemaking, which includes updates to tracking requirements for low-level nuclear waste shipments, is scheduled to go live for public comment this week, an agency spokesperson said Monday. A public comment request on the proposed decommissioning rule is scheduled for publication Thursday in the Federal Register, […]

Nuclear Regulatory Commission chairman Christopher Hanson took a break from the East Coast in early February to tour San Onofre Nuclear Generating Station, the California plant’s operator said in a press release last week. Hanson visited the Pendleton, Calif., San Onofre (SONGS) “earlier this month” and toured the site’s turbine building area, spent fuel storage […]

Hundreds of nuclear engineers and climate advocates in a letter earlier this month implored Michigan’s governor to step in and stop a nuclear power plant’s planned closure in the spring. “We seek your assistance in preventing the permanent and premature closure of the Palisades nuclear plant in May 2022, nine years before its operating license […]

A joint venture led by BWX Technologies, Savannah River Mission Completion, has taken over liquid waste operations now at the Department of Energy’s Savannah River Site in South Carolina. Savannah River Mission Completion (SRMC), which began its transition at the end of November, was to officially assume control of the waste management operations from Amentum-led […]

Over the next 10 years, virtually all of the legacy transuranic waste at the Department of Energy’s Idaho National Laboratory will be shipped to New Mexico for underground disposal and the lab’s Radioactive Waste Management Complex will be closed, the president of Jacobs-led Idaho Environmental Coalition, said Thursday. In addition, the Integrated Waste Treatment Unit […]

Here are some events related to defense and civilian matters that the Exchange Monitor staff is tracking this week. March 1 – Hearing, House Armed Services strategic forces subcommittee. Witnesses include Sasha Baker, deputy under secretary of defense for policy and Adm. Charles Richard, commander, United States Strategic Command. Rayburn House Office Building Room 2118 and streaming […]

After being offline for nearly two years due to a combination of the COVID-19 pandemic and plant upgrades, the Department of Energy says conversion of depleted uranium hexafluoride to a more stable form is resuming at the Paducah Site in Kentucky. Likewise, depleted uranium hexafluoride (DUF6) conversion into uranium oxide at the Portsmouth Site in […]

The Toebbes, Jonathan and Diana, were set to be sentenced in August for attempting to sell Virginia-class submarine technology to a foreign nation, according to a Thursday court filing. The Husband-Wife duo were to face the judge together on Aug. 16 at 1:00 p.m. Eastern time in the Martinsburg District Judge Courtroom at the U.S. […]

The legacy cleanup contractor for the Department of Energy’s Los Alamos National Laboratory in New Mexico won 72% of its subjective fee and 91% of its performance-based fee during fiscal 2021, according to an agency scorecard posted this week. Altogether, Newport News Nuclear BWXT (N3B)-Los Alamos took home $8.37 million out of a potential $9.77 […]

Secretary of Energy Jennifer Granholm is remaining in Washington, D.C., this week after canceling a trip to the Department of Energy’s Hanford Site in Washington state due to tensions in Eastern Europe that on Thursday morning erupted into a full-scale Russian invasion of Ukraine. “Given the uncertainty in global energy markets and the global security […]

The Department of Energy is scheduled to answer the public’s burning questions about its forthcoming tax-credits program for economically-troubled nuclear power plants, the agency’s nuclear energy office said Wednesday. DOE’s Office of Nuclear Energy (NE) will host two public seminars next week to answer questions about its request for information (RFI) on the civil nuclear […]

Revenue at FirstEnergy, Akron, Ohio, grew during 2021 despite financial challenges stemming from a bribery scandal in Columbus, according to recent filings with the Securities and Exchange Commission. For year ended Dec. 31, FirstEnergy reported revenue of roughly $11.1 billion, up just 1% from $11 billion in 2020, according to a 10-K form filed Feb. […]

Both quarterly and annual net earnings rose at BWX Technologies, Lynchburg, Va., the nuclear services provider said in a Tuesday press release. Net earnings for the fourth quarter ended Dec. 31, 2021, were $117 million, or $1.26 per diluted share, which beat net income of $65.7 million, or $0.69 per diluted share, in the prior-year […]