Skip to main content

BRC Releases Final Report; Japan Invites in IAEA

By

oi-nuclear-power-plantI’d give you a link to the final report of the Blue Ribbon Commission on America’s Nuclear Future at its site at brc.gov, but that has been flooded and is not responsive. But NEI has you covered. Go here to get a copy of the report.

The BRC says the report hews pretty closely to the draft report released last summer – our coverage of that is here with some useful links. We’ll have lots more to say about the final report, I’m sure, but for now, reading glasses on.

---

The Japanese government has asked the International Atomic Energy Agency to stop by and double check the stress tests it has been conduction on its fleet. Specifically, the Japanese want the IAEA to visit Oi, its third largest nuclear facility. Why have the IAEA do this?

Seeking to assuage public misgivings about nuclear-plant safety, government and nuclear industry officials have sought to use "stress tests" that gauge resilience to natural disasters such as earthquakes and tsunamis. The invitation to the IAEA is part of Japan's campaign to validate those tests.

And there’s this, too:

Oi's four reactors have become a focal point in Japan's debate over nuclear energy as the hot and humid summer, with its seasonal peak in electricity demand, draws nearer. Kansai Electric, which supplies power to Kyoto and Osaka in western Japan, relies on its three nuclear plants for more than 40% of the electricity it generates. Oi alone provides about 20%.

Those are actually two different things – getting the plants running to stave off blackouts and regaining public trust. How the government will know that it done the latter is not mentioned in the story, but I guess polling and the opinions of the elected leaders in the towns around Oi and other facilities will act as the gauges.

“The stress tests as currently designed don't seem to factor in the type of worst-case scenario we saw in Fukushima," Mr. [Ryozo] Tatami, the mayor of Maizuru said. "We need evidence Oi's reactors will be safe even if a [Fukushima-scale] tsunami strikes because vague assurances just raise too many doubts in our minds."

Maizuru is about 18 miles from Oi.

One can have an opinion about this approach – it sounds like one the Japanese put stock into, which is good – and about whether Japan should or shouldn’t reopen its facilities – simply, yes – but whether it does or not, whatever the consequences, is up to its people. There’s nothing for us to do but wait and see – and respect the outcome.

The Washington Post has an interesting article about the Japanese decision making approach and its impact on reopening its nuclear facilities here. Long story short: the Japanese really like a broad consensus. Worth a read for insight into how another culture deals with big issues.

The Oi nuclear facility. If you say it enough times, you sound like an annoyed Brit.

Labels:

Comments

Post a Comment

Popular posts from this blog

Activists' Claims Distort Facts about Advanced Reactor Design

By
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...
23 comments
Read more

What Happens During a Refueling Outage?

By
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...
6 comments
Read more

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

By
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...
Post a Comment
Read more