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February 20, 2013
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News about the nuclear technologies industry

  News Roundup 
  • N.Y. nuclear plant helps New England fight high power costs
    Power imports, particularly from Entergy's Indian Point nuclear plant in New York, have helped blunt the impact surging electricity prices in New England, observers say. Rising heating demand and the region's dependence on natural gas have caused New England power prices to soar over the past few weeks. "Without Indian Point, New England would have been toast," said William Short, an energy consultant. The New York Times (tiered subscription model) (2/15) LinkedInFacebookTwitterEmail this Story
  • Dominion to proceed with shutdown of Wis. nuclear plant
    The shutdown of Dominion Resources' Kewaunee nuclear plant in Wisconsin will proceed, the company said, as the Midwest Independent System Operator determined it won't affect the region's power grid. The plant's workers have been doing "an outstanding job," and the move "is in no way a reflection on them," said Thomas Farrell, Dominion's president and CEO. The Nuclear Regulatory Commission will continue to monitor the facility during its shutdown and decommissioning. The Washington Post/The Associated Press (2/19) LinkedInFacebookTwitterEmail this Story
  • NRC faced fewer lawsuits in 2012, study finds
    Only five lawsuits were filed against the Nuclear Regulatory Commission in 2012, which is below the annual average of 10.6 over the past decade, according to a report from NRC Solicitor Andrew P. Averbach. Leading the list of active cases is a suit filed by Aiken County, S.C., and other parties in the state that want the agency to revive the licensing studies for the Yucca Mountain repository in Nevada. The Augusta Chronicle (Ga.) (2/19) LinkedInFacebookTwitterEmail this Story
  • 2 N.Y. nuclear plants to get heightened NRC monitoring
    Two New York nuclear plants will receive heightened oversight from the Nuclear Regulatory Commission because of declining performance trends in 2012, the agency said. Constellation Energy Nuclear Group's Nine Mile Point Unit 1 was cited because of unplanned shutdowns, while Entergy's James A. FitzPatrick facility was cited because of unexpected power changes. "We will follow our process and ensure that any of the underlying problems contributing to the Nine Mile Point 1 and FitzPatrick indicator changes receive the attention they deserve," said NRC Region I Administrator Bill Dean. Reuters (2/19) LinkedInFacebookTwitterEmail this Story
  Management & Leadership 
  • Leadership: The difference between life and death at the South Pole
    Polar explorer Robert Falcon Scott believed in the power of noble intentions -- but that led him to set overly ambitious goals, to fail to plan effectively and, ultimately, to perish, writes Art Petty. By contrast, Roald Amundsen took a more pragmatic approach to exploration and was able to guide his team to success. "Don't get caught up in the nobility of your tactics, when there may well be a better, less-elegant approach to save the project, your job or in Scott's case, his life," Petty writes. (2/17) LinkedInFacebookTwitterEmail this Story
  • Is it OK for CEOs to talk like sailors?
    David Farr, CEO of Emerson Electric, raised eyebrows last week after subjecting a conference-room full of analysts and investors to a potty-mouthed tirade attacking the company's critics. Some present said Farr's profanities and aggressive demeanor called into question his leadership abilities; others, though, took a more forgiving view. "You have to respect a CEO who is that passionate about his company," says Eli Lustgarten of Longbow Research. The Wall Street Journal (2/18) LinkedInFacebookTwitterEmail this Story
  NEI News 
  • Poll: Americans' Support for Nuclear, New Facilities Remains Solid
    A solid majority of Americans continues to hold favorable views of nuclear energy and believes that electric companies should prepare now for new nuclear energy facilities to be built. Read more. LinkedInFacebookTwitterEmail this Story
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  • U.K. proposes long-term contracts to aid nuclear energy push
    The U.K. government is proposing to enter into 40-year contracts with energy firms that would guarantee financial support for new nuclear plants in an attempt to persuade the firms to continue with the projects. A deal reached by U.K. policymakers in 2010 stated that such units would be built only if the industry received no public funding, but the departure of several firms and cost overruns have prompted officials to think otherwise. "It makes a huge difference if it's 30, 35 or 40 years," according to an industry source. The Guardian (London) (2/18) LinkedInFacebookTwitterEmail this Story
  • South Africa, South Korea to hold forum on nuclear energy
    The South African and South Korean governments will hold a nuclear conference today in Johannesburg. This comes as South Africa is set to announce a nuclear construction project. South Korea "plans to continue expanding its cooperative relationship with South Africa's energy ministry though exchanges between their officials," said South Korea's Ministry of Knowledge Economy. Yonhap News Agency (South Korea) (2/20) LinkedInFacebookTwitterEmail this Story
We must travel in the direction of our fear."
--John Berryman,
American poet and scholar

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