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Tag: Gives

NRC Gives Final Approval to NuScale’s SMR Design

August 30, 2020
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The post NRC Gives Final Approval to NuScale’s SMR Design appeared first on POWER Magazine.

NuScale Power said the U.S. Nuclear Regulatory Commission (NRC) has completed its Phase 6 review of the Design Certification Application (DCA) of the company’s small modular nuclear reactor (SMR), and said the company’s SMR is the first such reactor to receive NRC approval of its design.

NuScale on August 28 announced that with the DCA process now complete, “customers can proceed with plans to develop NuScale power plants with the understanding that the NRC has approved the safety aspects of the NuScale design.”

The NRC’s issuance of the agency’s Final Safety Evaluation Report (FSER) represents the group’s completion of the technical review and approval process for NuScale’s SMR design. NuScale will discuss the company’s technology during POWER’s Digital Energy Experience, a now all-virtual program scheduled for October 19-22.

‘Significant Milestone’

“This is a significant milestone not only for NuScale, but also for the entire U.S.…

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Connecticut Gives Go-Ahead for 804-MW Offshore Wind Project

December 8, 2019
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The post Connecticut Gives Go-Ahead for 804-MW Offshore Wind Project appeared first on POWER Magazine.

Vineyard Wind’s 804-MW Park City project was given the go-ahead by Connecticut officials on Dec. 5, with regulators saying Vineyard’s bid in an offshore wind solicitation was “lower than any other publicly announced offshore wind project in North America.”

Vineyard Wind competed against other groups in the bidding, including developers backed by Ørsted and Shell. The company now will negotiate contracts with the state’s two major utilities, Eversource and United Illuminating Co.

The Park City development is considered the largest renewable energy project in Connecticut history. State officials said it could provide about 14% of the state’s electricity. The project’s turbines would be located south of Martha’s Vineyard and Nantucket, and would not be visible from Connecticut’s shoreline.

The project includes redevelopment of port facilities in Bridgeport Harbor. Vineyard Wind CEO Lars Thaaning Pedersen in a conference call on Thursday would not disclose the project’s cost, but the price for a similar Vineyard Wind project off the Massachusetts coast is about $ 3 billion.…

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Entergy Gives Palisades Nuclear Plant Five More Years to Run

September 28, 2017
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Entergy Corp. will keep the Palisades nuclear power plant in Covert, Michigan, open until the spring of 2022, owing to a shortfall in recovery granted to Consumers Energy by state regulators.

In a bid to actively exit the merchant nuclear power business, investor-owned Entergy had decided to shutter the 798-MW plant by October 1, 2018.  “Market conditions have changed substantially, and more economic alternatives are now available to provide reliable power to the region,” it said when it announced its decision about a year ago. 

The decision came as a surprise because Entergy has a power purchase agreement with Consumers Energy—Michigan’s largest utility and the principal subsidiary of CMS Energy—which committed the company to buying nearly all the power generated at Palisades through April 2022. Entergy reasoned the plant’s closure could save Consumers’ customers as much as $ 172 million over four years, even after Consumers paid Entergy $ 172 million to terminate the contract.

On September 22, however, the Michigan Public Service Commission granted Consumers a recovery of only $ 136.6 million of the $ 172 million it requested for the buyout of the power purchase agreement. …

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Japan Regulatory Group Gives Conditional Support for TEPCO Restart

September 14, 2017
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Japan’s nuclear watchdog agency has given Tokyo Electric Power Co. (TEPCO) conditional approval to restart two reactors at its Kashiwazaki-Kariwa plant. The units were taken offline after the Fukushima Daiichi meltdown in March 2011.

The country’s Nuclear Regulation Authority (NRA) on September 13 said TEPCO could restart the units after it provides a detailed plan of how it can ensure the operational safety of the boiling-water reactors, the same type that operated at Fukushima, which was crippled after an earthquake and tsunami struck the region, resulting in flooding at the nuclear plant. The Asahi Shimbun newspaper reported the NRA’s action.

A district court in March of this year ruled that TEPCO and the Japanese government were aware of risks at Fukushima and could have taken action to avoid the meltdown of three reactors.

TEPCO Under Scrutiny

Units 6 and 7 at the Kashiwazaki-Kariwa plant in Niigata Prefecture were among 54 nuclear facilities in Japan—the country’s entire nuclear fleet—ordered to shut down after the 2011 earthquake.…

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