Indiana Michigan Power wants to upgrade the Cook nuclear plant's infrastructure to the tune of $478 million. The utility is requesting permission from the Michigan Public Service Commission to set a 19% customer rate increase to fund the improvements.
Consultants hired to review buyout bids for Santee Cooper could cost up to $20 million, and Santee Cooper could be responsible for paying $15 million of it, wrote State Sen. Hugh Leatherman (R-Florence) to the utility. Board members weren't aware that the utility might have to cover some costs.
MOX Services' lawsuit against the National Nuclear Security Administration is close to being settled, said US Court of Federal Claims Judge Thomas Wheeler. An agreement in principle on the over $200 million lawsuit was reached on June 18.
The high costs of building and operating a nuclear plant in the US, including construction, fuel and licensing costs, limits competition, despite it being one of the most promising green energy sources, writes Haley Zaremba. Smaller reactors and a standardized design would make the industry more viable, said the Bulletin of the Atomic Scientists.
Ohio State Sen. Steve Wilson said that he believes his chamber will pass a nuclear subsidy bill before its June 30 deadline. The Senate Energy and Utilities Committee plans to put forth a substitute bill today.
Yesterday, Rep. Randy Weber, R-Texas, asked Energy Secretary Rick Perry why spending for an advanced nuclear reactor research center was not included in the department's budget. "This is critical to the development of advanced reactors," said Weber.
The Onkalo nuclear waste repository in Finland is the first in the world, writes author Robert Macfarlane. The facility, which is the most advanced of its kind, reaches a depth of 1,500 feet and will contain 6,500 tons of nuclear waste upon completion, he writes.
There should be a full-time Nuclear Regulatory Commission inspector at the San Onofre nuclear plant until the nuclear waster transfer is complete, said Rep. Mike Levin, D-Calif. Levin and NRC Chairman Kristine Svinicki will meet in the coming weeks to discuss the issue, he said.
Nuclear waste storage will be the key topic of a Senate Energy and Natural Resources Committee on Thursday, where lawmakers will discuss a bill that would create a consent-based siting approach for an interim storage site. The bill would not affect current requirements for Yucca Mountain, the proposed repository in Nevada.
Eight of the Democratic presidential hopefuls that have declared a position on nuclear energy support it. Five, including South Bend, Ind., Mayor Pete Buttigieg, support nuclear power, while three, including Sen. Kamala Harris, D-Calif., and former Vice President Joe Biden, support advanced nuclear technology.
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