Skip to main content

On "Frontline" and "Nuclear Aftershocks"

My colleague, John Keeley, asked that I share the following note with our readers:
On January 17, PBS’ "Frontline" program will air "Nuclear Aftershocks," a documentary which purports to examine “the hazards and benefits of nuclear power.” Former CNN science reporter Miles O’Brien, with 30 years of journalism experience covering space, science and technology, leads the investigation and analysis for the program. O’Brien is a solid journo with a reputation for resisting the melodramatic and sensational in favor of substantive and balanced pieces. Would that we’d seen more of that among O’Brien’s broadcast peers covering Fukushima last spring.

Still, there are focus points to the piece we already know about that cause concern. O’Brien – who has been tweeting about the production for a few weeks – and his documentary team visited Indian Point Energy Center ostensibly on the premise that what happened at Fukushima Diachii could potentially happen at the New York plant located on the Hudson River. Indian Point is very much a political piñata in New York, but few of its critics, I think, posit any likelihood of the plant being visited by a 48-foot tsunami. And in the U.S., we don’t locate our nuclear plants on subduction zones.

Know this: industry offered PBS inordinate assistance with this project. Both Exelon and Indian Point’s operator, Entergy, afforded "Frontline" generous access to their respective plant sites, and made executives available for reflection about industry in a post-Fukushima world. Exelon spent a full day with Frontline last August at its LaSalle site. The Frontline team was afforded a tour of the fuel pool/building, the B5b equipment stage areas, the cask loading area, dry cask storage, a working hydrogen recombiner, and a number of underground spaces where backup equipment, emergency fuel supplies, and submarine doors were visible.

Industry had hoped to preview this program in advance of its airing, but the representative of one of our member companies has yet to hear back from the producers of the program. We will be paying close attention to "Nuclear Aftershocks" to see if the show attempts to achieve some context for decisions made in both Germany and Japan to shutter nuclear plants, such as acknowledging that globally today more than 60 new nuclear plants are under construction. We do know that "Frontline" met with individuals outside of industry concerned by recent decisions by some countries to abandon nuclear power.

“We have not yet found a base-load electric power without carbon emissions, other than nuclear power,” NASA’s James Hansen informed O’Brien in an interview.

The program airs on PBS around the country beginning on January 17. Click here to check when it will air on your local PBS member station.

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...