Skip to main content

Reasons to Doubt the Blue Ridge Environmental Defense League

This morning's edition of the Richmond Times-Dispatch has a short piece reporting that the Blue Ridge Environmental Defense League is moving to block the construction of a third reactor at North Anna in Virginia in the wake of the August earthquake on the East coast.

Here's what the folks at Dominion Virginia Power have to say about the action:
Dominion Virginia Power, owner of two nuclear reactors at the North Anna plant, said the earthquake has no bearing on the licensing of a third unit, which would be built to a seismic standard more than four times that of the existing units.

"We have worked through the seismic requirements for Unit 3," utility spokesman Rick Zuercher said Thursday night. "They're stringent and would have well withstood what happened at North Anna with the existing units."

While the ground vibration from the quake exceeded design limits for the two existing reactors, the utility said the plant suffered no significant damage.
I can't help but shake my head every time I read something from the folks at BREDL. From my experience, they're just not credible, something we've pointed out here at NEI Nuclear Notes in a number of instances:
Something tells me that the folks at the Atomic Safety Licensing Board Panel will take these points into account when they consider BREDL's latest complaint.

Comments

Anonymous said…
Whoa. "While the ground vibration from the quake exceeded design limits for the two existing reactors, the utility said the plant suffered no significant damage." Why the qualifier "significant"? Wouldn't the utility have said, "no damage" if that were the case? Would it not be prudent to fix the existing units to withstand a recent quake before building a third?

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...