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

Now for the legal wrangles over the costs of San Onofre nuclear plant

Fallout Over Nuclear Energy Debacle Underway Forbes, Ken Silverstein,  19 July 13 It’s not a bombshell. But it is the fallout from the retirement of two nuclear units dotting Southern California’s coastline. Southern California Edison has just filed a so-called Notice of Dispute on its former vendor, Mitsubishi Heavy Industries. It is the first step toward gaining a settlement in what has become a huge blemish on the nuclear energy sector — the leakage of radiation at one of the units and the subsequent revelation that both companies had known about the underlying causes years before the incident. If the two are unable to reconcile, the case would then go to mandatory arbitration before it could get tried before a judge and jury. Judicial systems, though, are not prepared to resolve complex nuclear energy questions.

“Our action is about making sure that Mitsubishi takes responsibility for providing the defective steam generators that led to the closing of SONGS,” says Ron Litzinger, president of SCE, in a formal declaration.

SONGS refers to the San Onofre Nuclear Generating Station owned by Southern California Edison. …. Edison is alleging that Mitsubishi, as designer and manufacturer of the steam generators, is responsible for the economic damages. …..

The price tag associated with all the woes: Estimated to be at least $700 million and as much as $2 billion. Just how will that be paid? Chairman Ted Craver explained on an earlier conference call that there are potentially four pools of money: ratepayers, shareholders, insurance companies and Mitsubishi Heavy………

Friends of the Earth which had led the attack on the utility since the leak, has said that Southern California Edison has been “untruthful.” The environmental organization has also said that while Mitsubishi does not have “clean hands” here, it merely designed the steam generators to meet the utility’s specifications.

The environmental organization added that the utility downplayed the design changes it had made so as to avoid public hearings, and scrutiny. In addition, it is highly critical that Edison denied any knowledge of issues with excessive vibrations — until the leaks surfaced in 2012. As a result of all this, the Nuclear Regulatory Commission, the California Public Utility Commission and, perhaps, the Securities and Exchange Commission are investigating. It’s a huge legal morass — and one that court system is unaccustomed to hearing. That’s why the two sides should amicably resolve their dispute. http://www.forbes.com/sites/kensilverstein/2013/07/19/fallout-over-nuclear-energy-debacle-underway/2/

July 20, 2013 Posted by | Legal, USA | Leave a comment

Renewable energy up – nuclear down – Lawrence Livermore National Laboratory

sun-championRenewable Energy Sources On the Rise  ENN,July 18, 2013 Each year the Lawrence Livermore National Laboratory (LLNL) releases energy flow charts in an effort to track the United States’ consumption of energy resources. So what seems to be the trend from the past couple of years? Well, renewable energy is on the upswing.

Compared to 2011, Americans used more natural gas, solar panels and wind turbines and less coal to generate electricity in 2012, according to the LLNL charts……

The reasons why we are turning to renewables isn’t purely environmental as the rise in renewables is tied to both prices (the underlying cost of solar panels and wind turbines has gone down) and policy (government incentives to installers of equipment or renewable energy targets in Flag-USAvarious states), Simon said.

Overall, Americans used 2.2 quadrillion BTU, or quads, less in 2012 than the previous year (BTU or British Thermal Unit is a unit of measurement for energy; 3,400 BTU is equivalent to about 1 kW-hr).

Out of the renewables, wind power saw the highest percentage gains, going from 1.17 quads produced in 2011 up to 1.36 quads in 2012. New wind farms continue to come on line with bigger, more efficient turbines that have been developed in response to government-sponsored incentives to invest in renewable energy.

Solar jumped from 0.158 quads in 2011 to 0.235 quads in 2012. This can be attributed to declining prices of photovoltaic panels.

The charts also show that 2012 is the first year in at least a decade where there has been a measurable decrease in nuclear energy.

“It is likely to be a permanent cut as four nuclear reactors recently went offline (two units at San Onofre in California as well as the power stations at Kewaunee in Wisconsin and Crystal River in Florida),” Simon said. “There are a couple of nuclear plants under construction, but they won’t come on for another few years.”…. http://www.enn.com/pollution/article/46227

July 19, 2013 Posted by | renewable, USA | Leave a comment

The nuclear industry is waking up to its gloomy future

The U.S. Nuclear Power Industry’s Dim Future Bloomberg Business Week By  July 18, 2013 ”……optimism has given way to despair. Four reactors have closed so far in 2013—a record for the industry. Because of the shale energy boom, natural gas prices crashed, followed by coal. Electricity demand fell during the recession and has yet to regain its 2007 peak. Bolstered by billions of dollars in green energy subsidies in the 2009 stimulus package, renewables, especially wind, have come on faster than many anticipated. Cap and trade never happened. And Japan’s Fukushima disaster in 2011 reminded the world just how dangerous nuclear power can be.

The industry hasn’t done itself any favors. A radioactive steam leak and a botched repair job have led to the permanent closure of three reactors in the last several months, two in California operated by Southern California Edison (EIX), and another in Florida run by Duke Energy (DUK). Faced with growing political opposition, billions of dollars of estimated repair costs, and cheaper alternatives, utility executives in both cases decided to pull the plug rather than fix the plants.

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More troubling for the industry is the decision thatDominion Generation (D) made in May to close its Kewaunee reactor in Wisconsin. Squeezed by cheap coal and natural gas and unable to find a buyer after looking for more than a year, Dominion shut down the facility rather than keep operating it at a loss. Continue reading →

July 19, 2013 Posted by | business and costs, USA | Leave a comment

Global warming- heating cooling water- stopping nukes?

globe-warmingnuke-hotSeawater temps too high for Pilgrim cooling By CHRISTINE LEGERE clegere@capecodonline.com July 18, 2013 PLYMOUTH — The ongoing heat wave could force Pilgrim Nuclear Power Station to shut down, as soaring temperatures continue to warm the Cape Cod Bay waters that the plant relies on to cool key safety
systems. Pilgrim’s license from the Nuclear Regulatory Commission requires the water being drawn from the bay to be no warmer than 75 degrees. On Tuesday night, the temperature in the saltwater system reached 75.3 degrees and remained above the 75-degree limit for about 90 minutes.

If water temperatures rise and show no sign of lowering, the plant has 24 hours to completely shut down.
“The water temperature will be closely monitored as the heat wave persists,” NRC spokesman Neil Sheehan wrote in an email.

The temperature of seawater being drawn from the bay must be low enough to cool the water circulating around the reactor and transform steam from the system back to liquid water.

Although the seawater is warmer when it is discharged back into the bay, it must not be so warm it affects the ecosystem……Mary Lampert, chairwoman of the Duxbury Nuclear Advisory Committee and director of the anti-nuclear group Pilgrim Watch, fired off a letter to NRC officials Wednesday, urging the agency to shut down the Pilgrim plant until the cause of the alarm system failure is found.

“Until that is done, we fail to see how the NRC can provide reasonable assurance for public health and safety,” Lampert wrote.http://www.capecodonline.com/apps/pbcs.dll/article?AID=/20130718/NEWS/307180318

July 19, 2013 Posted by | climate change, USA | Leave a comment

The end is nigh for 38 USA nuclear reactors: shock wave to Wall St

“Recent developments have sent what are truly shock waves through the industry and Wall Street.   The spate of early retirements and decisions to forego uprates magnify the importance of the fact that the ‘nuclear renaissance’ has failed to produce a new fleet of reactors in the U.S.

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highly-recommendedReport: Over Three Dozen U.S. Nuclear Reactors At Risk Of Early Retirement, 12 Face Greatest Shutdown Pressure http://www.sacbee.com/2013/07/17/5573488/report-over-three-dozen-us-nuclear.html By Mark Cooper, Vermont Law School, Jul. 17, 2013  WASHINGTON, July 17, 2013 — In Wake ofSan Onofre, Crystal River & Kewaunee Shutdowns, Cooper Outlines Next Nuclear Reactors Under the Greatest Pressure to Close Down; Reactors in AL CA, CT, FL, IL, IA, KS, MD, MA, MI, MN, MO, NE, NH, NJ, NY, OH, PA, SC, TN, TX, VT, and WI on “At Risk” List. WASHINGTON, July 17, 2013 /PRNewswire-USNewswire/ — The tough times the U.S. nuclear power industry faces today are only going to get worse.  In the wake of nine major nuclear reactor closures or uprate cancellations in recent months, a review of the remaining U.S. fleet reveals that 38 reactors in 23 states are at risk of early retirement, with 12 facing the greatest risk of being shutdown, according to a major new analysis by Mark Cooper, senior fellow for economic analysis, Institute for Energy and the Environment, Vermont Law School. Continue reading →

July 19, 2013 Posted by | business and costs, USA | Leave a comment

USA farmers increasingly support renewable energy mandates

piggy-ban-renewablessupporting renewable energy mandates, and thus ensuring that states uphold that portion of climate mitigation, makes sense for farmers, who are increasingly threatened by the effects of climate change. 

Down On The Farm, Clean Energy Requirements Are Opportunities, Not Burdens http://thinkprogress.org/climate/2013/07/18/2320481/farmers-support-clean-energy-requirements/ By Katie Valentine on Jul 18, 2013  American farmers aren’t usually seen as champions of climate causes — in fact, they’re often known for their Flag-USAclimate change skepticism. But farmers across the country have begun standing up for clean energy mandates in their states because they see them as an opportunity for profit in an increasingly uncertain industry.

This year, at least 14 of the 29 states with renewable energy mandates, which require utility companies to purchase a certain amount of their energy from renewable sources, have considered bills to weaken or repeal the requirements, none of which have passed. That’s due in part to farmers, who have teamed up with environmentalists and other pro-green energy groups to push legislators to keep the mandates. Their voices, along with the voices of some local businesses and the prospect of new clean energy jobs, have made it difficult for local lawmakers to repeal the standards.

“It’s hard to be conservative when it affects your district,” Rep. Mike Hager, the majority whip in the North Carolina House, told the Wall Street Journal. Continue reading →

July 19, 2013 Posted by | politics, renewable, USA | Leave a comment

USA’s only new nuclear reactors paid for in advance by ratepayers

nukes-hungryThe U.S. Nuclear Power Industry’s Dim Future Bloomberg Business Week By  July 18, 2013“…….The four reactors that are under construction are within about 120 miles of each other in Georgia and South Carolina. That’s hardly a coincidence. In 2006 state legislators in South Carolina, Georgia, Florida, and Tennessee made financing new nuclear plants easier by allowing utilities to raise electricity rates before the reactors were operational. Southern Co. (SO) had already collected $481 million through 2012 from customers in Georgia to help finance two new reactors as part of a $14 billion expansion of its Vogtle facility. Meanwhile, two new reactors at the Summer station in South Carolina are costing $10.5 billion. Scana, which owns 55 percent of the project, has raised electricity rates six times since April 2009 by a total of 11.5 percent, including a 2.9 percent hike slated to take effect this November…”http://www.businessweek.com/articles/2013-07-18/the-u-dot-s-dot-nuclear-power-industrys-dim-future

July 19, 2013 Posted by | business and costs, USA | Leave a comment

Lawsuit against TEPCO by US service personnel affected by Fukushima radiation

Sailors were drinking desalinated seawater and bathing in it until the ship’s leadership came over the public address system and told them to stop because it was contaminated, Hair said. They were told the ventilation system was contaminated, and he claims he was pressured into signing a form that said he had been given an iodine pill even though none had been provided. As a low-ranking sailor, he believed he had no choice.

The Navy has acknowledged that the Reagan passed through a plume of radiation 

The Defense Department created the Operation Tomodachi Registry to show radiation dose estimates based on shore locations — and to list more than 70,000 DOD-affiliated people in the area March 12-May 11, 2011 and their individual exposure levels. More than two years after the disaster, the registry remains incomplete.

In growing lawsuit, service members fault TEPCO for radiation-related illnesses By Matthew M. Burke Stars and Stripes July 15, 2013 SASEBO NAVAL BASE, Japan — Five months after participating in humanitarian operations for the March 11, 2011, earthquake and tsunami that led to nuclear disaster in Japan, Petty Officer 3rd Class Daniel Hair’s body began to betray him.

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He had sharp hip pains, constant scabbing in his nose, back pain, memory loss, severe anxiety and a constant high-pitch ringing in his
ears as his immune system began to attack his body. The diagnosis, he said, was a genetic immune system disease, which on X-rays looked to have made his hip joint jagged and his spine arthritic. He was put on a host of medications and eventually separated from the Navy job heloved.

Hair believes radiation is the cause. He is among 50 sailors and Marines in a growing lawsuit against Tokyo Electric Power Co., alleging that Japan’s nationalized utility mishandled the meltdown at the Fukushima Dai-ichi nuclear plant that spewed radiation into the air and water.

Other servicemembers have been diagnosed with leukemia, testicular cancer and thyroid problems or experienced rectal and gynecologicalbleeding, the lawsuit says. Hair said one of his friends, a fellow USS Ronald Reagan shipmate, was diagnosed with a brain tumor……..
The plaintiffs allege that TEPCO lied about the risk of exposure, luring American forces closer to the affected areas and lulling others
at bases across Japan to disregard safety measures. They are seeking at least $40 million each in compensatory and punitive damages and more than $1 billion for a fund to cover health monitoring and medical expenses. Continue reading →

July 18, 2013 Posted by | Legal, USA | 1 Comment

AUDIO: Hanford nuclear site: officials browbeat TV journalist

civil liberties USAHear-This-wayTV Journalist: Officials at U.S. nuclear site browbeat me for reporting on radioactive leaks — “You will be publicly humiliated” — Said I was basically an idiot — Never treated that way before (AUDIO) #Hanfor http://enenews.com/tv-journalist-officials-nuclear-site-browbeat-reporting-radioacitve-leaks-will-be-publicly-humiliated-basically-idiot-never-treated-before-audio

Title: KING 5′s Susannah Frame Nails Nuclear Hanford Secrets
Source: Nuclear Hotseat
Host: Libbe HaLevy
Date: July 15, 2013

Follow-up to: TV: Leaking tank at U.S. nuclear site may be in far worse condition than previously known — Workers shocked by new findings #Hanford

Susannah Frame,, KING 5 TV: At the beginning, especially WRPS officials [at the Hanford nuclear site] were extremely condescending. They tried bullying me. They tried to tell me that basically I was an idiot, that I didn’t know what I was doing. I’ve never had media professionals deal with me in that way. I’ve been around for a long time. […]

I was really surprised at the way I was treated. They said do you even know how to Google? […]

They really tried to browbeat me into not doing the story at all. They said, ‘We think that you will be publicly humiliated if you go on TV and online and report this because what you are saying is so absurd — You’re saying we ignored a leak?’
How to help Nuclear Hotseat        Stream the full program here

July 18, 2013 Posted by | civil liberties, Resources -audiovicual, USA | Leave a comment

Nuclear promoter Ernest Moniz announces more funding for new nukes

nukes-hungryFlag-USAMore funding for advanced nuclear power reactors R&D, 17 July 13 the Energy Department announced $3.5 million for four advanced nuclear reactor projects that go beyond traditional light water designs. These projects — led by General Atomics, GE Hitachi, Gen4 Energy and Westinghouse -…. “Public-private research in advanced nuclear reactors will help accelerate American leadership in the next generation of nuclear energy technologies and enable low-carbon nuclear power to be a significant contributor to the U.S. energy economy,” said Energy Secretary Ernest Moniz….

Moniz,-ErnestThe four projects selected for negotiation will receive up to $3.5 million in total, with a 20 percent private cost share:
General Atomics (San Diego, California) – General Atomics will conduct research and development on silicon carbide composite material, which could act as a safe and reliable material for fuel rod cladding in advanced reactor designs. Better understanding of silicon carbide composite material will help incorporate this material into advanced nuclear reactor designs and support future licensing efforts.

GE Hitachi Nuclear Energy (Wilmington, North Carolina) – GE Hitachi’s project will develop high temperature insulation materials and robust analysis tools to help design and manufacture electromagnetic pumps for liquid-metal-cooled nuclear reactors. Electromagnetic pumps have less moving parts than traditional mechanical pumps – improving reliability and safety, while reducing maintenance needs.

Gen4 Energy (Denver, Colorado) – Gen4 Energy will conduct research and development on natural circulation designs for advanced nuclear reactors that utilize a lead bismuth coolant. The project will develop computer models that will help visualize natural circulation flow and integrate it into safe, reliable reactor designs.

Westinghouse Electric Company (Pittsburgh, Pennsylvania) – Westinghouse’s project will conduct analysis on sodium thermal hydraulics to support advanced nuclear reactor design. The project will provide analytical tools to help quantify heat exchanger performance and improve component engineering for sodium-cooled reactor designs. http://www.rdmag.com/news/2013/07/more-funding-advanced-

July 18, 2013 Posted by | politics, USA | 3 Comments

Bad luck for nuclear obby, Dept of Energy favours burial of wastes, not reprocessing

wastes-1Flag-USADOE’s Spent Fuel Strategy: Disappointing for Nuclear Advocates, The Energy Collective, Steve Skutnik  January 17, 2013 There is a hallowed tradition in Washington known as the highly-recommended“Friday Document Dump,” in which news and announcements the government wishes to bury are strategically timed for Friday afternoons, when such announcements tend to fall through the cracks of the typical news cycle (i.e., assuming reporters are even present to cover the event, the strategic timing tends to ensure it will miss the weekend papers, thus effectively “burying” the story by the time the new week rolls around).

In this storied tradition, the Department of Energy released the Obama administration’s response to the Blue Ribbon Commission report last Friday to relatively scarce media coverage. In fact, one would be hard-pressed to find any coverage in many of the major papers; what little coverage there was can be found in the Washington Times, Platts(an energy publication), and the Las Vegas Review-Journal. (Needless to say, the timing appears to have had its intended effect)……..

Some of the major highlights:

  • An emphasis upon a flexible, staged, consent-based process for locating a permanent geologic repository for used nuclear fuel designed to be adaptive to potentially changing circumstances.
  • A new, independent waste disposal organization charged with overseeing used fuel management and disposal, along with legislative action to reform allocation of the Nuclear Waste Fee paid by operators to allow for greater operational flexibility and independence.
  • Short-term emphasis upon siting a pilot interim storage facility for used nuclear fuel, with a triage priority of relocating fuel from decommissioned reactor sites first. Operations would begin in2021.
  • Transitioning toward an operational interim storage site with sufficient capacity to meet the existing federal government’s liabilities under the Nuclear Waste Policy Act of 1982; operations to begin in 2025.
  • Making “demonstrable progress” toward locating and characterizing a potential geologic repository with a target operations date of 2048…….

Perhaps to the disappointment of the AREVA (who emphasized reprocessing as a viable fuel cycle strategy in their blog response), the report seems to go out of its way to minimize the potential role of reprocessing in a future U.S. fuel cycle strategy – in fact, one point which stuck out to me was in that the DOE report recommended that the scope of the waste management organization (referred to as a “management and disposal organization, or “MDO” – because if there’s one thing Washington loves, it’s acronyms…) should be explicitly constrained to explicitly exclude reprocessing. Here’s the relevant quote:

In addition, the mission of the MDO will need to be carefully defined. For example, funding made available to the MDO should be used only for the management and disposal of radioactive waste. While this could include the management and disposal of waste resulting from the processing of defense materials, the MDO itself should not be authorized to perform research on, fund or conduct activities to reprocess or recycle used nuclear fuel. These limitations on the MDO mission are consistent with the recommendations of the BRC.

July 18, 2013 Posted by | Reference, USA, wastes | Leave a comment

Christian Peacemakers Team protest depleted uranium weapons

text-Please-NoteThe CPT will hold a public educational forum at 1 p.m. July 27 at the Jonesborough Visitors Center.

Protesters cite study that reveals depleted uranium near Jonesborough’s Aerojet Ordnance Johnson City Press, July 16th, 2013 by GARY B. GRAY A moral and educational crusade?Sure, that’s a fair description of the Chicago-based Christian Peacemakers Teams’ demonstration and pronouncement Monday that Jonesborough’s Aerojet Ordnance Tennessee’s use of depleted uranium has contaminated surrounding soil and water supplies.

In 2011, members of the organization spoke at East Tennessee State University and warned that tests would confirm that fact. About one dozen members, including members of Appalachia Peace Education Aerojet Action Project, gathered Monday across the street from the facility. 

A table held pipes used for gathering soil and test tubes to show methods used in a Northern Arizona University study that revealed that “results clearly indicate the presence of DU (depleted uranium), evidently originating from Aerojet Ordinance Tennessee in water, soil and sediment samples.”

The study, headed by Michael Ketterer, a professor of chemistry and biochemistry and dated April 18, revealed that DU was found in water in Little Limestone Creek downstream from the facility, sediments in the creek, and from soils from off-site locations near the facility, located at 1367 Old State Route 34.

“The extent of physical damage cannot yet be nailed down,” said John Mueller a CPT delegation member and former chemist. “But the fact is that contamination has been found. The problem of uranium contamination is a world problem, not just a Jonesborough problem.”DU is a heavy metal that is both radioactive and chemically toxic, according to the Institute for Energy & Environmental Research. Depleted uranium is a by-product of the enrichment process. It has been used by the U.S. Military to make armor-piercing weapons and tank armor plating……….

CPT members believe prayer vigils and public witness brings the search for truth into the public arena — a tradition inspired by the word of God, practiced by Jesus and carried on by Gandhi and Martin Luther King Jr.

“We believe we must take our Christian faith from the pews to the public space,” CPT’s website announces.

Though Mueller, and the study’s author, call it an “interim report,” 25 samples taken over the past 2 years within a 2-mile radius of the plant showed the 17 samples closest to the plant showed contamination from processed uranium; samples further away did not……..

CPT member Rosemarie Milazzo, an 81-year-old nun from New York City, said the group believes all weapons are immoral and their use is incompatible with the most basic principles of humanity and environmental health protection.

“How can we, as a civilized society, continue to harm others by disregarding our responsibility to care for and protect our land?” she asked.

CPT member and Amarillo, Texas, resident Rusty Tomlinson said uranium weapons have been used in a number of nations and they each exhibit high rates of severe health problems. …..

The CPT will hold a public educational forum at 1 p.m. July 27 at the Jonesborough Visitors Center.http://www.johnsoncitypress.com/article/109500/protesters-cite-study-that-reveals-depleted-uranium-near-jonesboroughs-aerojet-ordnance

 

July 18, 2013 Posted by | Religion and ethics, USA | Leave a comment

Texas old nuclear weapons bunker radioactive

Army probes radiation in bunker at Texas base WFAA 8 by JUAN CARLOS LLORCA Associated Press July 16, 2013  FORT BLISS, Texas (AP) — Army investigators have detected radiation in a former nuclear weapons bunker at Fort Bliss and are trying to determine if anyone on the West Texas post may have been contaminated, officials said Tuesday.

Post leaders said an investigation that began about two months ago revealed levels of radiation in the igloo-like bunker that was used for the assembly and storage of nuclear weapons at the height of the Cold War in the 1950s and 1960s.

Fort Bliss spokesman Maj. Joe Buccino said epoxy paint was applied to the interior of the bunker years ago to contain the radioactivity, but that over the years the paint has become chipped, allowing the radioactive surface to become exposed…….The investigation was triggered by a call from a man who worked at Fort Bliss in the 1950s when it was operated by the Air Force. He told post leaders that contaminated residue such as rags and other items had been buried there and expressed concerns that any new housing at the sprawling base could dig up the contamination.

It’s not clear where the residue, apparently long forgotten, is buried.

Officials did not identify the former worker who contacted officials about two months ago. But they said he was likely exposed to the contaminated residue. http://www.wfaa.com/news/texas-news/Army-probes-radiation-in-bunker-at-Texas-base-215725431.html

July 18, 2013 Posted by | safety, USA | Leave a comment

Nevada politicians want answers on radioactive trash transport

Nevada Politicians Push DOE for Info on Uranium Transport Plan http://news.yahoo.com/nevada-politicians-push-doe-uranium-transport-plan-150209553.html   Global Security Newswire Staff  16 July 13

 Nevada politicians are urgently calling on the Energy Department to provide them with more specifics on a federal plan to transport hundreds of large containers of dangerous radioactive material from Tennessee to the Nevada National Security Site, the Associated Press reported on Monday.

Governor Brian Sandoval in a July 12 letter to Energy Secretary Ernest Moniz noted that “I have received no official communication from your office” regarding the Nevada chief executive’s previous request for a meeting “and now write again to request this important meeting as soon as possible.”

Sandoval is concerned about an Energy plan to lower the budget for a program that financially supports states’ supervision of radioactive waste activities.

Nevada could see its oversight funding reduced by 30 percent or approximately $300,000 under the initial DOE budget plan, according to Nevada Conservation and Natural Resources Department Director Leo Drozdoff.

Energy plans to transport 403 containers filled with weapons-usable uranium from the Oak Ridge National Laboratory to Nevada, which objects to the planned transfer.

Representative Dina Titus (D-Nev.) also wrote to the Energy secretary on July 9, saying that she has”for months” been requesting a comprehensive appraisal of the details of the uranium shipment plan.

July 18, 2013 Posted by | USA, wastes | Leave a comment

Financial disaster of USEC threatens viability of USA nuclear industry

financial-disaster-1USEC’s flirtation with a non-nuclear Apocalypse has profound implications for the safe completion of power-down at Paducah, for the long-term cleanup of the contaminated sites that USEC will leave behind, for the well-being of a region that came to depend on the company’s draw of unproductive federal spending, and for the viability of the U.S. nuclear industry as a whole.

Uranium Titan Tumbles  EcoWatch July 12, 2013  By Geoffrey Sea High drama hits the world of the former U.S. Enrichment Corporation as a shareholder rebellion drubs the company stock price, restructuring and bankruptcy rumors swirl, safety issues delay USEC’s departure from Kentucky, a “left-right” anti-USEC coalition of Non-Governmental Organizations emerges and charges of USEC’s direct involvement in illegality proliferate.

USEC used to be a world giant in the supply of nuclear fuel. Once wielding monopoly power over the domestic supply and international pricing of enriched uranium, its motto touts “A Global Energy Company,” even as USEC struggles with the expense of closing its last production facility in the non-metropolis of Paducah, Kentucky. (Metropolis is over the river in Illinois.)

But in a spectacular sell-off signaling bizarre irregularities in the way the company has been managed and subsidized, USEC Inc.’s stock price has tumbled in a pattern known to market analysts as a “falling knife.” Continue reading →

July 16, 2013 Posted by | business and costs, USA | Leave a comment