Skip to main content

Calvert Cliffs Expansion: The Response

Calvert-Cliffs-Nuclear-ExpansionThis story, Little Outcry on Nuclear Reactor Proposal, in today's Washington Post caught our collective eye.
As Maryland regulators begin hearings tonight on a proposed third nuclear reactor in Calvert County, one element in the historically raucous debate over nuclear power is notably absent: widespread opposition.

The passionate anti-nuclear protests of the 1970s and '80s have largely yielded in Washington and its suburbs to alarm over rising fuel prices, global warming and a lack of quick, easy solutions to quench the thirst for power.

This region could be a testing ground for the so-called nuclear renaissance. As the Public Service Commission starts a month of hearings on Constellation Energy Group's initial application to add a third nuclear plant at its Calvert Cliffs site 50 miles southeast of Washington, Dominion Virginia Power, which supplies all of Northern Virginia's electricity, is pressing ahead with plans to expand its reactors southwest of Fredericksburg.
Last week, we wrote about reporters reporting on something not happening. Today's story in The WaPo prompts the same question: perhaps we're seeing the first signs of the expansion of nuclear energy becoming ordinary?

Update: Rod Adams from Atomic Insights attended the public hearing and has a great first-person account here.

Comments

Eric McErlain said…
This is really amazing. Over and over again, the Washington Post continues to write stories about Calvert Cliffs from an angle expressing astonishment that more folks aren't upset about the prospect of Constellation adding a new reactor to the site. This is despite overwhelming public support for the project from local politicians and the public.

Click here for a post from the NEI Nuclear Notes archives noting the same old song and dance from the paper from a year ago. Don't the reporters from this paper read their own archives?

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...