Skip to main content

NRC Dismisses Utah Appeal, Authorizes Licensing of PFS Facility

For the past several months, we've been following the efforts of Private Fuel Storage (PFS) to open a private used fuel facility in Utah on the Reservation of the Skull Valley Band of Goshute Indians, about 50 miles southwest of Salt Lake City.

The facility is important, because many utilities are seeking an interim storage solution for used nuclear fuel as they begin to run out of storage space in their spent fuel pools.

Today, the project moved closer to reality. The following was just released by the Nuclear Regulatory Commission:
The Nuclear Regulatory Commission today denied the state of Utah'’s final appeals in the adjudication on an application by Private Fuel Storage to construct and operate an independent spent nuclear fuel storage facility in Skull Valley, Utah, and by a 3-1 vote authorized the NRC staff to issue PFS a license once the staff has made the requisite findings under NRC regulations.

Utah petitioned for Commission review of a Feb. 24 decision by the Atomic Safety and Licensing Board, which rejected the state's assertions that there is too high a probability of a radiation release resulting from an accidental crash of one of 7,000 flights over the Skull Valley each year by F-16 single-engine jets from Hill Air Force Base.

The Commission's memorandum and order also dismisses as moot petitions by PFS and the NRC staff for review of portions of an earlier ASLB ruling.

"“Our decision today concludes this protracted adjudication, which has generated more than 40 published Board decisions and more than 30 published Commission decisions," the Commission said in its memorandum and order. "The adjudicatory effort, plus our staff's separate safety and environmental reviews, gives us reasonable assurance that PFS's proposed [storage facility] can be constructed and operated safely," it said.

"“There are no remaining adjudication issues to resolve. Accordingly, once it has made the requisite findings pursuant to 10 CFR 72.40, the staff is authorized to issue PFS a license to construct and operate its proposed [facility]."”
Back in Utah, the decision wasn't unexpected:
Sen. Orrin Hatch, R-Utah, conceded Wednesday that a ruling against the state is probable.

"They just want to get it off their hands, and that's always been the case," Hatch said.

Sen. Bob Bennett said the storage site would still face many obstacles.

"I wouldn't be surprised if they vote to license the facility, but as I said all along, licensing the facility doesn't mean it's going to get built," he said.
For a list detailing when American nuclear power plants will run out of space in their fuel storage pools, click here. More later.

UPDATE: Here's an account from the Las Vegas Sun, which quotes several anti-Yucca Mountain activists as saying the decision is a blow to their effort to prevent the opening of the facility.

Comments

Popular posts from this blog

Fluor Invests in NuScale

You know, it’s kind of sad that no one is willing to invest in nuclear energy anymore. Wait, what? NuScale Power celebrated the news of its company-saving $30 million investment from Fluor Corp. Thursday morning with a press conference in Washington, D.C. Fluor is a design, engineering and construction company involved with some 20 plants in the 70s and 80s, but it has not held interest in a nuclear energy company until now. Fluor, which has deep roots in the nuclear industry, is betting big on small-scale nuclear energy with its NuScale investment. "It's become a serious contender in the last decade or so," John Hopkins, [Fluor’s group president in charge of new ventures], said. And that brings us to NuScale, which had run into some dark days – maybe not as dark as, say, Solyndra, but dire enough : Earlier this year, the Securities Exchange Commission filed an action against NuScale's lead investor, The Michael Kenwood Group. The firm "misap...

Wednesday Update

From NEI’s Japan micro-site: NRC, Industry Concur on Many Post-Fukushima Actions Industry/Regulatory/Political Issues • There is a “great deal of alignment” between the U.S. Nuclear Regulatory Commission and the industry on initial steps to take at America’s nuclear energy facilities in response to the nuclear accident in Japan, Charles Pardee, the chief operating officer of Exelon Generation Co., said at an agency briefing today. The briefing gave stakeholders an opportunity to discuss staff recommendations for near-term actions the agency may take at U.S. facilities. PowerPoint slides from the meeting are on the NRC website. • The International Atomic Energy Agency board has approved a plan that calls for inspectors to evaluate reactor safety at nuclear energy facilities every three years. Governments may opt out of having their country’s facilities inspected. Also approved were plans to maintain a rapid response team of experts ready to assist facility operators recoverin...

Nuclear Utility Moves Up in Credit Ratings, Bank is "Comfortable with Nuclear Strategy"

Some positive signs that nuclear utilities can continue to receive positive ratings even while they finance new nuclear plants for the first time in decades: Wells Fargo upgrades SCANA to Outperform from Market Perform Wells analyst says, "YTD, SCG shares have underperformed the Regulated Electrics (total return +2% vs. +9%). Shares trade at 11.3X our 10E EPS, a modest discount to the peer group median of 11.8X. We view the valuation as attractive given a comparatively constructive regulatory environment and potential for above-average long-term EPS growth prospects ... Comfortable with Nuclear Strategy. SCG plans to participate in the development of two regulated nuclear units at a cost of $6.3B, raising legitimate concerns regarding financing and construction. We have carefully considered the risks and are comfortable with SCG’s strategy based on a highly constructive political & regulatory environment, manageable financing needs stretched out over 10 years, strong partners...