nuclear-news

The News That Matters about the Nuclear Industry Fukushima Chernobyl Mayak Three Mile Island Atomic Testing Radiation Isotope

Trump administration attacks climate and lead cleanup programmes

logo-Republican-USATrump’s EPA budget proposal targets climate, lead cleanup programs Reuters, By Timothy Gardner and Valerie Volcovici | WASHINGTON, 5 Mar 17

The White House is proposing to slash a quarter of the U.S. Environmental Protection Agency’s budget, targeting climate-change programs and those designed to prevent air and water pollution like lead contamination, a source with direct knowledge of the proposal said on Thursday.

President Donald Trump has long signaled his intention to reverse former Democratic President Barack Obama’s climate-change initiatives. But the Republican president has vowed his planned overhaul of green regulation would not jeopardize America’s water and air quality.

The 23-page 2018 budget proposal, which aims to slice the environmental regulator’s overall budget by 25 percent to $6.1 billion and staffing by 20 percent to 12,400 as part of a broader effort to fund increased military spending, would cut deeply into programs like climate protection, environmental justice and enforcement.

Politico and other news outlets reported the staff and overall budget cuts earlier, but the source disclosed new details on the impact the cuts would have on programs and grants to states.

Environmentalists slammed the proposed cuts, which must be approved by the Republican-led Congress.

The agency did not immediately respond to a request for comment on the budget proposal or its counter proposal. The White House said it had no comment.

Under the proposal, which was sent to the EPA this week, grants to states for lead cleanup would be cut 30 percent to $9.8 million, according to the source, who read the document to Reuters.

Grants to help Native American tribes combat pollution would be cut 30 percent to $45.8 million. An EPA climate protection program on cutting emissions of greenhouse gases like methane that contribute to global warming would be cut 70 percent to $29 million.

The proposal would cut funding for the brownfields industrial site cleanup program by 42 percent to $14.7 million. It would also reduce funding for enforcing pollution laws by 11 percent to $153 million………http://www.reuters.com/article/us-usa-trump-epa-budget-idUSKBN1692XA?feedType=RSS&feedName=topNews

March 6, 2017 Posted by | climate change, environment, politics, USA | Leave a comment

South Africa’s murky nuclear deal and the country’s financial mess

financial-meltdownflag-S.AfricaSA heads for financial armageddon, Fin 24 2017-02-26 06:02 – Justin Brown State finances face stormy times as the private sector braces itself for a possible switch in finance ministers amid spluttering tax collections, low growth, tax hikes and deep suspicion regarding the nuclear build.

Prince Mashele, a senior research fellow at the University of Pretoria, said at a PwC post-budget speech event on Friday – where Finance Minister Pravin Gordhan was conspicuously absent – that, depending on which ANC faction dominated, the next two to three weeks would be crucial in determining what would happen in the finance ministry.

Following the swift swearing-in of former Eskom CEO Brian Molefe as an ANC MP this week, Mashele pointed to the possibility of his becoming either finance minister or deputy finance minister…….

Mashele said that once Molefe was installed at Treasury, he was likely to sign off on a nuclear deal with Russia that would mean South Africa would never again enjoy the benefit of cheap power prices.

“Your grandchild and great-grandchild will pay through the nose [for the nuclear deal],” he added.

The plan by the Guptas, who are close allies of President Jacob Zuma, to install their preferred candidate as finance minister was put on hold – but not abandoned – when former finance minister Nhlanhla Nene was replaced by Des van Rooyen, whom the president reluctantly axed after pressure from the business sector, before Gordhan was placed in the position.

“They want Molefe to enter Treasury,” Mashele said, adding that Gordhan was “under siege” from Zuma and the Guptas, who were fighting court battles with him……. http://www.fin24.com/Budget/sa-heads-for-financial-armageddon-20170226-2

March 6, 2017 Posted by | business and costs, politics, South Africa | Leave a comment

New York’s public institutions will pay up big for Gov. Cuomo’s upstate nuclear plant bailout

taxpayer-bailout-exelonGov. Cuomo’s upstate nuclear plant bailout will cost MTA, NYCHA big on utility bills, Daily News,   by Glenn Blain, 5 Mar 17 ALBANY — Gov. Cuomo’s plan to bail out three upstate nuclear plants will cost public institutions, including the MTA, millions of dollars in added utility costs, a new study says.

The study by the New York Public Interest Research Group found that public institutions will see their electric bills rise by as much as $112 million a year for the first two years of the deal and then even more over the next dozen years.

“Since the Cuomo Administration has kept this process largely in the dark, it’s up to us to educate the public on the tremendous hit all ratepayers are going to take,” said NYPIRG Executive Director Blair Horner. “We hope this analysis will spur lawmakers to block the plan.”

According to NYPIRG’s analysis, the Metropolitan Transportation Authority is on track to see its annual utility bill rise by $11.6 million thanks to the bailout.

The New York City Housing Authority will see an estimated $522,160 in additional costs. The Port Authority will pay an additional $435,098 a year while the city’s Health and Hospitals Corp. will see an estimated increase of $2.44 million a year, according to NYPIRG.

Cuomo’s plan, dubbed The Clean Energy Standard, requires utilities across the state to purchase power from the nuclear power plants at inflated rates……

Last fall, NYPIRG and other critics of the deal estimated it would cause Con Edison’s residential customers to shell out an extra $705 million over the next 12 years. http://www.nydailynews.com/news/politics/cuomo-upstate-nuclear-plant-bailout-cost-mta-nycha-big-article-1.2988203

March 6, 2017 Posted by | business and costs, politics, USA | Leave a comment

How Donald Trump manipulates media news anchors

text-relevanttrump-worldCNN reports Trump successfully manipulated anchors for positive coverage
“Maybe we shouldn’t believe what they say.”
Think Progress Aaron Rupar, 2 Mar 17 On Wednesday, CNN’s Sara Murray reported that President Trump manipulated a team of CNN anchors into providing him with hours of positive coverage ahead of his first speech to Congress on Tuesday night.

During the “Sara’s Notebook” segment, Murray characterized what Trump told the anchors at the White House on Tuesday as “the bait and switch that the president pulled when it came to immigration yesterday.”

“He had this meeting with the anchors, he talked about a path to legal status,” Murray, a D.C.-based political reporter, said. “Basically they fed us things that they thought these anchors would like, that they thought would give them positive press coverage for the next few hours. A senior administration official admitted that it was a misdirection play.”

Murray went on to note that “when the president was actually out there speaking to the American public, he didn’t talk about a path to legal status.”……

The White House was happy enough with the coverage of Trump’s speech that officials decided to postpone signing a new Muslim Ban executive order, which was originally planned for Wednesday, so the administration could fully bask in the positive news cycle. Not even a month ago, Trump argued that an immediate ban was necessary for urgent national security reasons.

Just as he has with immigration policy, Trump has flip-flopped about his Muslim ban…….

During the transition period after the election, President-elect Trump distracted the media from his plans to profit off the presidency by tweeting out criticisms of Saturday Night Live and the actors and producers of Hamilton. He never divested from his business, but took advantage of a well-established media norm — if the president-elect says something, it’s news — and manipulated the media into publishing stories like this:  [picture on original]

Trump appointed white nationalists to some of the most powerful positions in his administration, but the media covered his meetings with Mitt Romney instead.

In late November, Trump adviser Newt Gringrich explained how Trump does it.

“He understands the value of showmanship,” Gingrich said during a Fox News interview. “And candidly, the news media is going to chase the rabbit. So it’s better off for him to give them a rabbit than for them to go find their own rabbit. He’s had them fixated on Mitt Romney now for five or six days. I think from his perspective, that’s terrific. It gives everyone something to talk about.” https://thinkprogress.org/trump-cnn-immigration-compromise-d3b96490e0aa#.bxnac4y5m

March 4, 2017 Posted by | media, politics, USA | Leave a comment

Clamour for new Nuclear Subsidies in Britain

uk-subsidy-2017Failing New Nuclear Programme should be Scrapped No2NuclearPower, No.93 March 2017

GMB national secretary for energy Justin Bowden reiterated his call for the government to bankroll the project. “It is time for government to show leadership and take over the reins at Moorside,” said Bowden. “The fiasco with Toshiba shows exactly why relying on foreign companies for our energy needs is just plain stupid.” Tim Yeo, a former minister and chairman of New Nuclear Watch Europe, a pro-nuclear group, said Moorside provided a “prime opportunity” for Theresa May’s administration to demonstrate its industrial strategy with support for the UK nuclear supply chain. He said that with lingering doubts over the viability of Hinkley Point and Wylfa “the only way forward is if the government is willing to participate”. This could involve the government taking a minority stake, or providing loans that would be repaid after construction was complete, added Mr Yeo. (17) The GMB says Moorside is vital as Sellafield’s workforce starts shrinking. By 2020 up to 3,000 jobs could be lost as the Thorp nuclear fuel facility closes and reprocessing of Magnox fuel ends. (18)

Ministers should also actively encourage investment from nuclear companies in China, South Korea and Russia where the industry is relatively insulated from the challenges faced by European companies thanks to strong state backing, says Yeo – there is a real danger that the pipeline of nuclear projects will fail to come on stream before 2030 unless Government agrees to intervene. The existing support regime, which guarantees a fixed price for each megawatt of power produced, does not go far enough to help investors who face billions in construction costs before the nuclear plant begins producing power. The Government should offer loans to developers which can be paid back once the plant comes on stream, or take an equity stake in the project which could be sold off to investors when construction is complete. “In neither case would the Government’s support constitute a permanent subsidy. It would directly cut the cost of electricity produced by the new plant because the Government’s borrowing costs will be lower than those of any private investor,” says Yeo. (19)

Right on cue, says Greenpeace Policy Director, Doug Parr, stories have begun to appear in the press saying that government is thinking about or even “under pressure” to inject huge amounts of taxpayers cash into new reactors in order to get them built. “Neither proposed plant (Moorside and Wylfa) is crying out as a good bet for a private investor” says Parr. “So why would it be a better investment for a government? Or for British taxpayers?” If the UK government takes stakes in these projects, it would be expensive. A 25% share in both Moorside and Wylfa on Anglesey could cost over £7 billion – and that’s before taking into account the cost overruns synonymous with nuclear projects. That would still leave over £20bn to find from other investors, but is a substantial commitment of public money. So it is worth spending a few No2NuclearPower nuClear news No.93, March 2017 6 moments to consider why direct government funding of these nuclear stations is such an eccentric and ill-conceived idea. (20)

First, why do these projects need public funding? The obvious answer is that private investors think they are too risky and too poor a return, even at the high price of £92.50 (2012 prices) that EDF got for their Hinkley Point plant. So why are they risky? Well, one of key reasons Toshiba is in such deep financial trouble is that its reactor design, the AP1000, has never been completed and operated, and is actually more costly and difficult to build than it thought. Its four AP1000 reactors now under construction in the US are ruinously late and over-budget.

Tens of billions of taxpayers’ money are at risk as pressure mounts to spend billions more on new nuclear, according to Dr Dave Toke, reader in energy politics at Aberdeen University. Giant portions of the public spending could be poured down a nuclear black hole as calls for the Government to make direct investments into new nuclear power plant intensify. Ultimately the sums at risk would be much larger than the Government’s own estimates of the cost of Trident. There has been a flurry of demands for government investment in new nuclear projects in the wake of the near bankruptcy of Toshiba. In fact nuclear power is proving to be virtually undeliverable and ruinously expensive in western countries. Despite the manifest bankruptcy of the technology, rather than question whether it is right to continue with the new nuclear programme, its supporters are in effect wanting us all to bet the British economy on it. If the Treasury are forced against their will to sanction ‘equity’ stakes in new nuclear reactors, the losses and., eventually, all the liabilities will fall on the taxpayer. (21)

Companies vying to build nuclear power stations in the UK have been told they must offer a price for their electricity sharply lower than the £92.50/MWh approved for Hinkley Point C, according to the FT. Prices 15-20% lower are seen as crucial to maintaining political support for new nuclear plants. “One of the biggest factors pushing up the strike price is the cost of capital. If government wants a low strike price, it is pretty clear that government has to think about a different kind of [financing] solution,” said one of the industry leaders. The FT says the government remains cautious about the idea of investing taxpayers’ money in nuclear power. One source told the FT there were signs the government wanted to pit NuGen and Horizon against each other in a competitive process, with no guarantee that both would go ahead. (22)

The Sunday Times said ministers are poised to admit that taxpayer cash will be used to fund a new fleet of nuclear power stations – reversing years of government opposition to direct public subsidy. Industry sources claim the business and energy secretary, Greg Clark, accepts that the hands-off approach cannot persist if the plants are to be built. They say Whitehall is preparing to launch a consultation, possibly this summer, on the government taking minority equity stakes in new nuclear projects to kick-start their construction. British taxpayer cash will probably be matched with funds from the Japanese government, possibly via the Japan Bank for International Co-operation and Nippon Export and Investment Insurance. Japan’s Hitachi, which is behind the Wylfa project, is locked in talks with the British and Japanese governments over how to fund the 2.7-gigawatt station. The consultation on state equity is likely to be launched alongside an outline deal on funding Wylfa. Sources said the deal and the consultation are not certain and could yet collapse. (23)

Treasury officials are still hostile to the direct state subsidy idea but Chancellor Philip Hammond, and business secretary, Greg Clark, have both taken part in talks over support for Wylfa and Moorside. Any deal would have to overcome opposition from parts of the Treasury, which has for decades

March 4, 2017 Posted by | politics, UK | Leave a comment

“Small Nuclear” lobby not very happy – says taxpayer funding is essential

uk-subsidy-2017NIA’s SMR conference: great discussion, now we need action, The Alvin text-SMRsWeinberg Foundation. March 3rd, 2017  by Suzanna Hinson

On Monday, the Nuclear Industry Association held its Small Modular Reactor conference. Weinberg Next Nuclear were delighted to attend and our director Stephen Tindale was one of the many speakers.

The conference was opened by Tom Wintle, deputy director of SMRs, decommissioning and waste at the department of Business, Energy and Industrial Strategy. Though he spoke very eloquently about the importance of nuclear, and SMRs to the government, particularly in regards to the Industrial Strategy’s aims of home grown industries, developing skills, regional rejuvenation and a stronger economy for the growth areas of tomorrow, he would not be drawn on the real issues the audience clearly wanted to hear about: the much delayed SMR competition and the question of public funding at Moorside.

Instead, he highlighted changing priorities of the government, with a renewed focus on energy security, consumer bills and the potential for driving exports and capturing a global SMR market in a post Brexit UK. He would also not be drawn on the future relationship with Euratom, saying it was too early to speculate but repeating it was a non-negotiable aspect of exiting the EU, a decision many we spoke to think is premature and will lead to huge hurdles for British nuclear in the future………

When asked about government plans he said the Government have spent enough time building a vision; now, we need action. The action we need to see, Stephen recommended, was the Government telling the Nuclear Decommissioning Authority to release sites for advanced nuclear and instructing the Office for Nuclear Regulation to undertake Generic Design Assessments for advanced reactors, expanding their capacity to do so if necessary. …….

This panel, comprising Fiona Reilly from Atlantic Superconnection LLP, Anurag Gupta from KPMG LLP and Gareth Price from Allan & Overy LLP, also argued that BEIS were putting too much hope into an export market as with bigger contributors emerging like China and the US, it is unlikely that the UK will be able to compete…….

they made a strong statement for state-led nuclear power incorporating the private sector at a later stage of development if possible…..

the clear mood is that talking and discussion are not being paralleled with policy progress. The sector desperately needs to see some action from government, to progress with the SMR review, provide certainty for Moorisde and clarify the terms of Euratom membership. http://www.the-weinberg-foundation.org/

March 4, 2017 Posted by | business and costs, politics, UK | Leave a comment

UK taxpayers up for tens of billions of pounds sterling as govt bends to pressure to build new nuclear reactors

screw-the-taxpayerflag-UKTens of billions of taxpayers money at risk as pressure mounts to spend billions more on new nuclear  Dave Toke’s green energy blog http://realfeed-intariffs.blogspot.com.au/2017/02/tens-of-billions-of-taxpayers-money-at.html?spref=tw  

 Giant portions of public spending are now at risk of pouring down a nuclear power black hole as calls for the Government to make direct investments into new nuclear power plant intensify. Ultimately the sums at risk would be much larger than the Government’s own estimates of the cost of the Trident nuclear weapons system.Former Minister and House of Commons Energy Committee Chair Tim Yeo is the latest to call for the Government to take ‘minority’ equity shares in new nuclear  projects. There has been a flurry of such demands in the wake of the near bankruptcy of Toshiba, who spearhead the 3GW proposed plant at Moorside in Cumbria.

In fact nuclear power is proving to be virtually undeliverable and ruinously expensive in western countries. Toshiba’s problems stem from the fact that they own Westinghouse who are responsible for the construction (so-far non-construction) of AP1000 reactors in South Carolina and Georgia in the USA. These plant are as costly as the failing French EPR design that is so disastrous in  the cases of the Finnish and French reactors, something which is bankrupting the French nuclear industry and EDF.

Despite the manifest bankruptcy of the technology, rather than question whether it is right to continue with the new nuclear programme, its supporters are in effect wanting to bet the British economy on it. If the Treasury are forced against their will to sanction ‘equity’ stakes in new nuclear reactors, the losses and., eventually, all the liabilities will fall on the UK Government. Nobody else will invest in the projects unless the Government guarantees the lot.

Hinkley C (3.2GW planned) will cost over £24 billion according to the European Commission. The reactors at Moorside and Wylfa, assuming they cost similar amounts, would thus make the taxpayer responsible for around £50 billion of debt. People will claim that the Government is ‘only’ taking a minority equity stake. That’s how it will start, and then would represent an enormous amount of state spending and liabilities. After all one quarter of £24 billion is still £6 billion. But it won’t end there, as sure as night follows day, not with the construction costs as well as the rest. It never does with nuclear power!Normally of course under the Government’s ‘low carbon’ programme, project raise their own finance and the project owners earns their money from premium price contracts (CfDs) awarded through the Government. That is always the case with renewable energy projects. They find their own money. Electricity consumers pay a premium price to enable this on their bills. But now for nuclear to go ahead, so it is said, not only will the consumers have to pay a high premium price, but taxpayers will have to fund at least part of the construction as well. This is money, please note, that will disappear from the Government’s coffers as the plant is built – it is not something that will be shuffled onto future generations like decommissioning

The fact that the Government is effectively financing the building will produce a conflict of interests with the Government negotiating with itself in setting the CfD price. No doubt a ‘lower’ CfD price will be set (that is less than the notorious Hinkley C price) when in fact it will be the taxpayer that will end up paying out countless billions for the projects.

Annual spending on primary education is around £26 billion. Hence building just Moorside will give the Government liabilities (which are likely to be paid by the Government) which will rival this spending.

But then to listen to some people, you’d think building Moorside was more important than closing down all primary schools for a year.

It isn’t.

Some sources:

http://www.bbc.co.uk/news/election-2015-scotland-32236184

http://www.telegraph.co.uk/business/2017/02/25/yeo-treasury-needs-pour-billions-nuclear-projects/

March 4, 2017 Posted by | politics, UK | Leave a comment

US Senators introduce Bill to promote easier licensing of nuclear reactors

Buy politiciansBipartisan group of senators introduce Nuclear Energy Innovation and Modernization Act, Wyoming Business Report ,WBR Staff, Mar 2, 2017 

WASHINGTON, D.C. — Today, U.S. Senator John Barrasso (R-WY), chairman of the Senate Committee on Environment and Public Works (EPW), joined with Sens. Sheldon Whitehouse (D-RI), Jim Inhofe (R-OK), Cory Booker (D-NJ), Mike Crapo (R-ID), Deb Fischer (R-NE), Shelley Moore Capito (R-WV), and Joe Manchin (D-WV) in introducing S. 512, the Nuclear Energy Innovation and Modernization Act (NEIMA).

S. 512 will promote innovation in the nuclear sector by enabling processes for licensing new reactors…….

To view full text of the legislation, click here.

Barrasso’s home state of Wyoming has the largest known uranium reserves in the nation. http://www.wyomingbusinessreport.com/newsletter_pm/bipartisan-group-of-senators-introduce-nuclear-energy-innovation-and-modernization/article_d5f3976a-ff8d-11e6-841f-7faf7f1fcd4c.html

March 4, 2017 Posted by | politics, USA | Leave a comment

Hinkley Point C – “risky and poor value for money” – House of Lords Committee

Hinkley-nuclear-power-plantNo2Nuclear Power nuClear news No.93, March 2017

The Hinkley Point C nuclear plant is risky and poor value for money, according to a House of Lords committee that urged the government to set out a “plan B” in case the £18 billion project is not built on time. (1)

In a damning report on energy policy, the Lords economic affairs committee said that household energy bills had already soared by 58% since 2003 and the risk of blackouts had increased, in part due to “poorly designed government interventions, in pursuit of decarbonisation”. Ministers should abandon plans to award subsidies to future nuclear plants through bilateral deals like that given to Hinkley, the committee said. Instead such projects should be forced to compete against wind farms, solar power farms and gas-fired power stations to find the cheapest way of keeping the lights on and cutting emissions. The committee said that the government should ensure that “the security of the UK’s energy supply is the priority of its energy policy” and suggested that climate change targets be “managed flexibly”. Lord Hollick, the committee’s chairman, highlighted Hinkley – which was signed off by Theresa May in September – as “a good example of the way policy has become unbalanced and affordability neglected”, and described it as “very, very expensive”. (2)

The total cost to consumers for Hinkley Point C is estimated to be £30bn. The committee called for an independent Energy Commission to advise Government on how to achieve an optimum balance of its three key objectives to keep the lights on at low cost while cutting carbon. “It would not be entirely different to the role that the OBR plays with regards to the Treasury. What it would do is provide a degree of transparency, not only for the Government itself to make its decisions but for industry and observers and analysts so that there is a greater degree of accountability as opposed to confusion,” he said. (3)

On the other hand the report was slammed by some environmentalists and renewable energy advocates for calling for decarbonisation to be relegated in favour of security of affordable supply. Critics said its conclusions were ‘out of touch’ and ‘backward-looking’. The report was accused of arguing that generation of electricity from fossil fuels is cheaper than renewable sources and that subsidies provided to clean energy generation have resulted in considerably higher costs for consumers…….. http://www.no2nuclearpower.org.uk/nuclearnews/NuClearNewsNo93.pdf

March 4, 2017 Posted by | politics, UK | Leave a comment

UK: New Nuclear Reactors in Jeopardy because of Brexit?

No2Nuclear Power nuClear news No.93, March 2017    A footnote in the Parliamentary Bill published on 26th January to authorise Brexit confirmed that the UK intends to leave EURATOM as well as the European Union. (1) Up until that point this was a grey area with disagreements over whether Brexit meant the UK would also have to leave EURATOM……..

The decision has wide-ranging implications for Britain’s nuclear industry, research, access to fissile materials and the status of approximately 20 nuclear co-operation agreements that it has with other countries around the world. The UK is going to have to strike new international agreements with all these countries to maintain access to nuclear power technology – crucially with the US because several of the UK’s existing and planned nuclear reactors use US technology or fuel. A new bilateral agreement will also be needed with the International Atomic Energy Agency. Nuclear co-operation agreements can take considerable time to agree and ratify. It may not be possible to complete them before Britain leaves the EU in 2019

New Reactors in Jeopardy? The concern now in the UK nuclear industry is that leaving EURATOM will complicate and delay the UK’s plans to build a new generation of nuclear power stations. “The new wave of British nuclear power stations was in jeopardy” said the Times. Withdrawal could cause “major disruption” according to the Nuclear Industry Association (NIA) particularly for Horizon and Nugen, which are developing plans for reactors on Anglesey and in Cumbria because their plans involve co-operation with US nuclear companies. Former Labour MP Tom Greatrex, now chief executive of the NIA, said: “The UK nuclear industry has made it crystal clear to the government before and since the referendum that our preferred position is to maintain membership of EURATOM.” (3) Although Horizon, whose reactors would use US nuclear fuel, says it is reassured by the government’s commitment to put new regulatory arrangements in place quickly. (4)

The Hinkley Point C station in Somerset could also face renewed problems….. http://www.no2nuclearpower.org.uk/nuclearnews/NuClearNewsNo93.pdf

March 4, 2017 Posted by | politics, UK | Leave a comment

Growing opposition to Ohio nuclear bailout

taxpayer bailoutNew Ohio ‘bailout’ request shakes up nuclear/carbon debate, Midwestern Energy news,  , 2 Mar 1 7, The growing debate over nuclear power’s role in curbing emissions is running headlong into an ongoing controversy over “bailouts” for Ohio’s largest utility.

FirstEnergy, which has previously sought support for noncompetitive power plants, is now asking Ohio lawmakers for “zero emission credits” for its aging nuclear plants. Environmental and consumer advocates say the plan is just another bid for more subsidies.

After FirstEnergy president and CEO Chuck Jones reported “excellent results in distribution and transmission service reliability and plant operations” during a February 22 earnings call with financial analysts, he said the company wants a zero-emission nuclear, or “ZEN,” program to support the company’s Davis-Besse and Perry nuclear generating plants in Ohio.

“The ZEN program is intended to give state lawmakers greater control and flexibility to preserve valuable nuclear generation,” Jones said. A bill to implement the program will be introduced soon, he said.

The Davis-Besse power plant in Oak Harbor and the Perry nuclear plant in North Perry are now valued at about $1.5 billion, including the value of their nuclear fuel. “The debt is significantly higher than that,” Jones noted. “Absent something to raise the value of these units and make them attractive to a buyer, there’s only one way for us to exit this business.”

The Public Utilities Commission of Ohio ruled last spring that it would allow extra charges to guarantee sales of all power from the Davis-Besse plant and certain coal plants. When federal regulators said they would require strict scrutiny of the deal, FirstEnergy dropped references to power purchases but still asked for the rider, which critics said would have cost ratepayers $4 billion. The company’s funding requests grew over the ensuing months.

Last fall the PUCO ruled that ratepayers would instead have to pay a “distribution modernization rider” of $200 million per year. Despite the name, the money collected is not for any specific grid projects. Instead, it’s supposed to boost FirstEnergy’s credit rating to make it easier for the company to borrow money as and when it eventually does any such work.

Back in the fall, FirstEnergy claimed the money would not be enough. Now the company is asking lawmakers for more………

“FirstEnergy’s two nuclear plants are old, and we are asking why Ohioans should be paying for a nuclear subsidy when other resources are less risky, less expensive and much better for the environment overall,” said Demeter at the Ohio Environmental Council.

“Not all zero-emissions sources are alike,” she stressed. “Nuclear energy carries with it a heavy toll when evaluating this resource cradle-to-grave.” In Demeter’s view, it makes much more economic sense to invest heavily in renewables, which avoid those risks.

“Once a wind turbine or solar panel is installed, there is no fuel that must be extracted from the ground, and there is no waste to deal with afterwards,” she noted. And combining them with innovative technologies like battery storage “will make renewables virtually unstoppable as the primary energy source we rely on in the near future.”

Demeter also distinguished FirstEnergy’s ZEN proposal from the state’s renewable portfolio standard.

“Ohio’s RPS is a market mechanism to ensure we’re maximizing clean energy opportunities in Ohio, and diversifying our energy portfolio in a responsible way,” she explained. “What FirstEnergy is asking for is a direct subsidy of two nuclear power plants that appear to be losing money in the regional energy markets.”

“The company is seeking ratepayer protection for these plants, but shareholders, not ratepayers, should be on the hook for the bet the company made on nuclear plants,” Demeter said. http://midwestenergynews.com/2017/03/02/new-ohio-bailout-request-shakes-up-nuclearcarbon-debate/

March 4, 2017 Posted by | politics, USA | Leave a comment

Toshiba won’t be building FPL’s nuclear reactors. Customers should not have to keep paying.

http://www.miamiherald.com/opinion/op-ed/article135578328.html BY RACHEL SILVERSTEIN  rachel@miamiwaterkeeper.org As a nonprofit organization that works to safeguard South Florida’s clean water, we’ve been hearing a lot of public concerns about Florida Power & Light’s plans for Turkey Point. FPL has been trying to expand its nuclear power plant, with the addition of two new reactors — Units 6 and 7 — for many years. However, FPL has not yet received a Combined Operating License from the federal government’s Nuclear Regulatory Commission (NRC), which authorizes FPL to operate the plant.

March 4, 2017 Posted by | business and costs, politics, USA | Leave a comment

Scottish Greens politician speaks out against weakening of nuclear safety regulation

Green MSP hits out at Hunterston B nuclear decision,  Energy Voice, 1 Mar 17   A Scottish politician has criticised the UK’s Office for Nuclear Regulation (ONR) over changes to safety regulations for the Hunterston B power station in Ayrshire.      THE ONR has ruled that a periodic safety review by operators EDF is “adequate”.

As a result the UK atomic agency has relaxed the safety case regarding the plant’s graphite core.

The revised safety case provides new limits and conditions of operation in response to keyway root cracking of the graphite in the core.

This is an expected part of the aging process as reactors get closer to their end of life. Acceptance of the safety case is also reliant on a revised inspection and monitoring strategy.

But Ross Greer, Scottish Green MSP for Wwest of Scotland, last night hit out at the lack of public consultation on the matter.

In January, Greer championed a report authored by an independent expert on nuclear safety, which concluded that despite it being probably illegal under international law, the Scottish public were being denied a say in the decision to keep Scotland’s oldest nuclear power station running.

The MSP said: “News that EDF are to be allowed more cracking within Hunterston’s reactor will concern residents across North Ayrshire, the West of Scotland and further afield. The lack of public consultation is simply unacceptable.

“It’s disappointing that the Scottish Government have not spoken out on the issue. European law says all ageing nuclear power stations should have an environmental impact assessment comparing their continued operation against alternative sources of energy such as renewables, and that the public should be involved, but that hasn’t happened.

“We should be putting efforts into building our renewables capacity and the secure, long term jobs which come with it, reducing demand through energy efficiency measures and ensuring a jobs transition for nuclear workers at sites such as Hunterston.”…….. https://www.energyvoice.com/otherenergy/133089/green-msp-hits-hunterston-b-nuclear-decision/– 0   2/

March 4, 2017 Posted by | politics, safety, UK | Leave a comment

Nuclear power bill receives approval from Kentucky Senate

 Floyd County Times , 2 Mar  17     Staff Report FRANKFORT — A bill that would lift a moratorium on nuclear power plants in the state was approved by the Kentucky Senate on Wednesday.

Senate Bill 11 would amend statutes to change the requirement that facilities have means of permanent disposal of nuclear waste. Instead they would only be required to have a plan for its safe storage, and that the plans be approved by the Nuclear Regulatory Commission.

It would also eliminate several other obstacles to the construction and maintenance of nuclear facilities……..

Senate Bill 11 was approved on a 27-8 vote and now goes the House of Representatives for consideration. http://floydcountytimes.com/news/9961/nuclear-power-bill-receives-approval-from-senate

March 4, 2017 Posted by | politics, USA | Leave a comment

Brexit creates a huge impediment to Britain’s nuclear industry

questionflag-UKThe nuclear fallout from Brexit When Britons voted to leave the EU few realised the implications for its nuclear industry. Financial Times, 2 Mar 17 by: Andrew Ward and Alex Barker Perched on a remote stretch of coastline in north-west England is Europe’s most dangerous building. Inside the innocuous-sounding Product Finishing and Storage Facility at the Sellafield nuclear plant is enough plutonium for about 20,000 nuclear bombs.

It is the world’s largest stockpile of civilian plutonium — one of the most toxic substances on the planet — accumulated from decades of reprocessing nuclear fuel from power stations not only in the UK but also Germany, France, Sweden and other countries. When Britain voted to leave the EU last June few voters contemplated what the decision would mean for this deadly stash of radioactive material. Yet, as officials in Whitehall and Brussels prepare to negotiate Brexit, regulation of nuclear energy is emerging as one of the most difficult and pressing issues to resolve. One senior negotiator simply called it “a nightmare”.
Britain’s plutonium stockpile is overseen by inspectors from Euratom, the pan-European body that regulates the use of nuclear energy. The organisation has a permanent presence at Sellafield and owns the cameras, seals and testing laboratory used to monitor Europe’s largest nuclear facility. Brexit threatens to upend this decades-old arrangement because the UK’s departure from the EU will require withdrawal from Euratom, a separate legal entity but one governed by EU institutions. At stake is not just the safeguarding of Sellafield but also critical pillars of UK energy security, scientific research and even medicine.
All trading and transportation of nuclear materials by EU countries, from fuel for reactors to isotopes used in cancer treatments, is governed by Euratom. The UK now faces a scramble to assemble a new regulatory regime to uphold safety standards, while negotiating dozens of international agreements needed to maintain access to nuclear technology. Rupert Cowen, a nuclear specialist at Prospect Law, a London law firm, told a parliamentary hearing this week that the UK was “sleepwalking” to disaster. “If we do not get this right, business stops,” he said. “If we cannot arrive at safeguards and other principles which allow compliance [with international standards] no nuclear trade will be able to continue.” The potential consequences of failure — from the shutdown of nuclear power stations to the loss of radiotherapy for cancer patients — seem implausible, but coming up with a fix will not be easy. British ministers must renegotiate a relationship with Euratom where no template for close co-operation with outsiders exists. They must pass legislation to set up a new safeguarding system, then find, hire and train the personnel needed to do the job in an industry known for its chronic skills shortage. And Britain must strike up to 20 deals to re-establish the basis on which it engages with other countries, such as the US and Japan, outside of Euratom.
“There is a plethora of nuclear agreements that would have to be struck . . . before we could begin to move not only materials but also intellectual property, services, anything in the nuclear sector,” Dame Sue Ion told MPs. She is chair of the Nuclear Innovation and Research Advisory Board, which advises the UK government. “We would be crippled without [these deals] in place,” she added. All this potentially must be done by 2019, when the UK is due to leave the EU. There is a safety valve — remaining part of Euratom for a transition period — but the EU will demand that European courts oversee the arrangement, which crosses one of the red lines in the UK’s negotiating strategy. Little wonder industry is rattled………
Today, Euratom’s 160-strong nuclear inspectorate spend about a quarter of their time focused on British facilities.
Critical to replacing the Euratom regime will be a bilateral deal with the International Atomic Energy Agency, which oversees global nuclear safety and security. Euratom reports into the IAEA on behalf of its members and the UK would need to replicate this relationship. One option would be for IAEA inspectors to replace those of Euratom in the UK, although industry leaders questioned whether the global body would want its resources diverted from its non-proliferation monitoring in places such as Iran.
Yukiya Amano, the IAEA director-general, told the Financial Times that a rapid deal with the UK was possible. But he added a catch. “It depends very much on the progress on the UK-Euratom, UK-EU side. UK-IAEA negotiations [do not] go ahead of the UK-Euratom negotiations, we always follow,” he said. “If negotiations with UK-Euratom go fast, we can fix this issue fast.” However, if Britain sticks to an expected exit date of 2019, at best the UK may have 18 months or a year to re-secure its place in the international nuclear market. “There is a chicken and egg situation,” says one official involved in Brexit preparations. “You have to move seamlessly from one regime to another. But you can’t do that without a new safeguarding regime that [other countries] are satisfied with.” Britain has little experience of negotiating nuclear agreements. It took four years of “lengthy and difficult” negotiations in the 1990s to agree an upgrade to the Euratom-US co-operation agreement, which was due to lapse. And even then the deal could not be ratified on time by the US Senate. The wait caused a three-month hiatus when all transatlantic nuclear trade stopped dead. That is something the UK would not want to risk today. …….
Asked by MPs whether new arrangements could be put in place within two years, Dame Sue said: “I do not think it is possible.” One option to buy time would be to carry on paying Euratom to provide safeguarding services. But it is run by the European Commission, the EU’s executive, rather than as an independent agency which would have given Britain political cover. Perhaps more importantly, it relies on the European Court of Justice to give teeth to its intrusive inspection powers. Britain is determined to leave ECJ jurisdiction. But the nuclear area is where the EU will be most reluctant to split legal authority; the powers are too important, and the potential consequences and liabilities too big. “The only framework we are comfortable with is the existing framework,” says one EU official preparing for talks. “It works rather well.”………..https://www.ft.com/content/9b99159e-ff2a-11e6-96f8-3700c5664d30

March 3, 2017 Posted by | politics, UK | Leave a comment