Tuesday, September 27, 2005

Energy Group Plans to Build Nuclear Plants in Gulf States - New York Times

Energy Group Plans to Build Nuclear Plants in Gulf States - New York Times

Published: September 23, 2005
Correction Appended

WASHINGTON, Sept. 22 - A consortium of eight companies said on Thursday that it would spend about $100 million to prepare applications to build two nuclear reactors, in Mississippi and Alabama, a step that seems to move the industry closer to its first new reactor order since the 1970's.

The announcement was made by NuStart Energy, a consortium of companies that has substantial government financing. The consortium selected a site in Claiborne County, Miss., adjacent to Entergy Nuclear's Grand Gulf reactor, and another in northern Alabama, next to the Tennessee Valley Authority's long-abandoned Bellefonte nuclear construction project.

The Energy Department is committed to sharing costs to develop the two applications, and has agreed to pay the application fee, about $30 million, for one of them; the consortium is asking the department for money for the other. At the same time, Entergy announced that it would act on its own to develop an application for a reactor at a site next to its Waterford plant, in Louisiana.

The government, the reactor manufacturers and companies that own and operate existing reactors are testing a reformed licensing procedure, established by the Nuclear Regulatory Commission in the 1990's to avoid the pitfalls of the 1970's and 80's, when several reactors were ordered and construction begun before design was completed or regulatory approval obtained.

Under the program, designs for the Grand Gulf reactor, to be made by General Electric, and the Bellefonte reactor, to be made by Westinghouse, will be mostly completed and also approved by the Nuclear Regulatory Commission before substantial work is done at the sites.

CorrectionTuesday, Sept. 27, 2005
An article in Business Day on Friday about a decision by a consortium to sponsor applications to build two nuclear reactors misstated the location for which one company, Entergy, is planning a third application. It is the company's River Bend plant, near St. Francisville, La., not its Waterford plant, near Taft, La.


Blogger Badger said...

Blogs eat into traditional ads for shoppers
Technology is making it easier to ignore mainstream media advertising. Instead, consumers are using Web logs, mobile messaging, comparison shopping Web sites, and word-of-mouth to make buying decisions, ...
Hi, I'm new at this Blog stuff and found you! Neat Blog. If you are interested, go see my domain name search related site. Not great yet, but check it out and come back in a couple of weeks! I'm still working on it but you may still find something of interest.

4:31 PM  

Post a Comment

<< Home