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Shell CEO Wael Sawan has come under pressure over his strategy from within the energy company after two employees issued a rare open letter urging him not to scale back investments in renewable energy, sparking an internal debate.
Energy Central…
The nation’s paramount nuclear power trade group has launched a wide-ranging strategy to help generators stay profitable in tight markets, the head of the Nuclear Energy Institute (NEI) told Wall Street analysts on April 12.
In an address broadcast on Facebook, Maria Korsnick, NEI president and CEO, said that nuclear plants that operate in competitive wholesale markets “are obviously under significant economic stress.” Six reactors have retired over the last five years, and plant owners have announced intentions to shutter another 12 in the coming years. “If nothing is done to save those plants, the impacts will be devastating,” she said, pointing to job losses and resiliency worries.
“We didn’t have to stress these virtues 10 years ago, but in today’s market we do,” she said. The nation’s fleet of 99 reactors produces no air emissions, which is important especially in places where downwind air quality is already bad. A unit can operate for months or years after a refueling, making it immune to problems with pipelines, barges, and railroads that sometimes afflict fossil fuel generators, Korsnick noted.…
Although AREVA recently disclosed that 17 U.S. nuclear power plant units have installed components that were forged at the Le Creusot facility in France—a forge that has been under scrutiny due to questionable quality assurance documentation and carbon segregation irregularities in some parts manufactured at the site—the Nuclear Regulatory Commission (NRC) does not consider the situation an immediate safety concern.
“We are confident at this time that there are no safety concerns for U.S. nuclear power plants raised by the investigations in France,” David McIntyre, public affairs officer for the NRC, wrote in a blog post about the revelation.
“Our confidence is based on the U.S. material qualification process, preliminary structural evaluations of reactor components under scrutiny in France, U.S. material aging-management programs, our participation in a multinational inspection of Creusot Forge, and information supplied by AREVA about the documentation anomalies. Also, the components supplied to U.S. plants have performed well and inspections during their operating life have revealed no safety issues,” he continued.…
If the Clean Power Plan is scrapped or weakened, the Environmental Protection Agency (EPA) may be forced to regulate greenhouse gases (GHGs) emitted by existing power plant with wider repercussions under its National Ambient Air Quality Standards (NAAQS) program, experts have warned.
While President-Elect Donald Trump promised to “scrap” the Clean Power Plan during his presidential campaign, the power sector has grappled with regulatory uncertainty since the Supreme Court issued a stay of the rule that establishes the first federal GHG limits for existing fossil fuel–fired power plants in February 2016. The rule, finalized in 2015 under Section 111 (d) of the Clean Air Act, has deeply divided the nation and U.S. power sector.
Eighteen states (plus the District of Columbia) supported the rule in the merits litigation: California, Connecticut, Delaware, District of Columbia, Hawaii, Illinois, Iowa, Maine, Maryland, Massachusetts, Minnesota, New Hampshire, New Mexico, New York, Oregon, Rhode Island, Virginia, Vermont, and Washington. A number of power companies are also participating as intervenors, including Calpine, Pacific Gas & Electric, NextEra, and Southern California Edison Co.…