Skip to main content

Friday Update

From NEI’s Safety First web site:

Industry Proposes Integrated Approach on Post-Fukushima Activities

December 2, 2011

Industry/Regulatory/Political

  • The industry on Dec. 1 urged the U.S. Nuclear Regulatory Commission staff to consider an integrated and flexible approach toward meeting the NRC’s Fukushima task force recommendations, arguing that this approach would result in faster, more efficient implementation of the most safety-significant recommendations. The industry advocated enhancing the post-9/11 concept of using portable equipment to address loss of all AC power and loss of ultimate heat sink from a variety of natural phenomena. This enhanced mitigation action—called a “diverse and flexible mitigation capability”—could be supplemented by regional response centers that could provide additional hardware and equipment to further extend coping capability should there be a longer-term loss of power or cooling capability.
  • Tokyo Electric Power Co. (TEPCO) today released its interim report on the March 11 accident at the Fukushima Daiichi nuclear energy facility, based on data and interviews with more than 250 workers since June. The report describes how a larger-than-expected tsunami knocked out all safety systems and led to fuel damage and the release of radiation.

New Products

  • A new employee profile on NEI’s Safety First website features Marty Wright, radiation protection senior engineer at the Diablo Canyon nuclear energy facility in California. Wright explains his daily duties, his work with state and federal agencies on monitoring, and initial monitoring results after the Fukushima accident.

Media Highlights

  • The Wall Street Journal reports that TEPCO’s latest analysis confirms the March 11 tsunami triggered the accident at the Fukushima Daiichi nuclear energy facility and that the plant met all earthquake safety standards. However, TEPCO acknowledged that many questions remain unanswered because continuing high radiation levels inside the facility, limiting extended access needed to complete a full assessment of the damage.

Comments

Popular posts from this blog

Activists' Claims Distort Facts about Advanced Reactor Design

Below is from our rapid response team . Yesterday, regional anti-nuclear organizations asked federal nuclear energy regulators to launch an investigation into what it claims are “newly identified flaws” in Westinghouse’s advanced reactor design, the AP1000. During a teleconference releasing a report on the subject, participants urged the Nuclear Regulatory Commission to suspend license reviews of proposed AP1000 reactors. In its news release, even the groups making these allegations provide conflicting information on its findings. In one instance, the groups cite “dozens of corrosion holes” at reactor vessels and in another says that eight holes have been documented. In all cases, there is another containment mechanism that would provide a barrier to radiation release. Below, we examine why these claims are unwarranted and why the AP1000 design certification process should continue as designated by the NRC. Myth: In the AP1000 reactor design, the gap between the shield bu...

What Happens During a Refueling Outage?

You may have noticed over the past few weeks that a number of nuclear plants are shut down for refueling outages or are resuming operations after just returning from one. This type of routine outage usually occurs in the spring or fall when electricity demand is low so that nuclear reactors can replace about one-third of the spent fuel rods with new fuel and conduct other routine maintenance and repairs at the plant. To get a better sense of how refueling works at a nuclear energy facility, I spoke with Marcus Nichol, NEI’s senior project manager for used fuel storage and transportation, and asked him to explain the basics. Why does a nuclear plant need to replace one-third of its fuel? Nichol: The main purpose of a refueling outage is to replace older fuel that is depleted—meaning it can no longer efficiently produce energy from nuclear fission reactions—with new fuel. This “used fuel” has typically been used in the reactor for four-and-a-half to six years before it is pe...

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...