nuclear-news

Fort Calhoun nuclear repairs: Exelon Corporation to get $millions from Omaha Public Power District

NE: Nuke plant fixer to get millions    September 20, 2012  Joe Jordan | Nebraska Watchdog OMAHA—The price-tag to get the troubled nuclear power plant at Fort Calhoun up and running after nearly 18 months is in, and it’s loaded with zeroes.

Nebraska Watchdog has learned that the Omaha Public Power District—unable to get the reactor on line itself—is shelling out $400 million to a private firm, Exelon Corp.

Exelon will be paid $20 million a year for the next 20 years, according to information released by OPPD.

Nebraska Watchdog requested but was denied copies of contracts between the utility and Exelon.

OPPD said state law covering confidential information—involving trade secrets, academic and scientific research—allows those contracts to “be withheld from the public.”

OPPD did provide a “summary of key provisions of the Exelon agreements” information that included the $400 million payout….. The Fort Calhoun plant is still on the shelf and OPPD officials believe Exelon will get the reactor running sooner than later.

The Nuclear Regulatory Commission, which has the final say over start-up, has given no indication when the plant will be back on-line. http://watchdog.org/56953/ne-troubled-nuke-plant-costing-millions/

September 22, 2012 - Posted by Christina Macpherson | business and costs, USA