Nuclear Politics in Missouri

The election this year has focused by and large on the economy and a fair number of important issues have fallen away. They haven’t ceased being important, of course, but politicians follow the interests of the public. One of the issues that has gotten less attention than in previous cycles is energy. In the 2008 contests, the candidates on both sides brought it up at the debates and even nuclear energy got a look (there wasn’t much distance between the candidates – nuclear energy was well supported across the ideological spectrum.)

But this year – not so much in the way of discussion and very little about nuclear energy. So let’s turn instead to what some of the local candidates are talking about.

Over in Missouri, incumbent state Representative Jeanie Riddle (R) and challenger Pam Murray (D) are running in the 20th district, an area that includes the Callaway facility, so nuclear energy is an issue in there.

Surely, there’s some room for disagreement:

Incumbent House Rep. Jeanie Riddle, a Mokane Republican, and Democrat Pam Murray of Holts Summit both support adding another nuclear reactor at the Callaway Energy Center but they disagree on how to do it.

State Rep. Jeanie Riddle

Well, I was expecting more heat, but let’s see what the candidates have in mind. First, Riddle, who supported legislation in support of Callaway last year that passed the House but stalled in the Senate, has developed an interest in attracting small reactor manufacturing to the state:

We want to be the first to do this,” Riddle said, “because it would give us an advantage to becoming a world exporter of this technology. One study shows 8,000 new direct jobs and 8,500 new indirect jobs. It would add $25 billion to Missouri’s economy if our state becomes the lead exporter of these new power plants.”

On her campaign web site, she says, “I want to promote alternative energy sources here and across the nation especially nuclear energy.”

Pam Murray

Pam Murray is interested in ensuring the Public Service Commission is not left out of the loop in approving new nuclear build.

“More than half of the legislation was devoted to gutting the Missouri Public Service Commission by realigning their budget. It also attempted to limit the amount of regulatory oversight the PSC could apply to telecommunications. It was just a very bad bill,” Murray said.

“It is possible to write a bill that will get the power plant and also protect consumers,” Murray said.

This is the disagreement that writer Don Norfleet is highlighting. I think this is the bill in question, but it doesn’t seem to me overly harsh to the PSC:

An electrical corporation seeking an early site permit from the United States Nuclear Regulatory Commission, upon beginning the permitting process, is required to seek permission from the Missouri Public Service Commission to recover from ratepayers up to $45 million of prudent expenditures on the permit process over a period not to exceed six years.

Murray is all for expansion at Callaway, but is disappointed that bills promoting it have not progressed further.

It is apparent we do not have the representation needed to get this important project completed for our communities! I will work night and day to develop a workable solution to make this a win-win situation for our local governments, our schools, our county and our state!

Exclamation points from original. Riddle and Murray do not seem far apart on the overall issue of nuclear energy in Missouri, but Murray feels she would be a better advocate for Callaway than Riddle. We may assume Riddle thinks the opposite.

You can see Riddle’s campaign web site here and Murray’s here.

No endorsement here. That’s for Missourians in the 20th district to decide. The doings of nuclear energy are one issue among many they will be considering, some of them, I’m sure, a good deal more important to their daily lives.

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...

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...

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...

NEI Nuclear Notes

Search This Blog