Spring 2010 Communicator now available for download

The 2010 Summer Edition of the Communicator is now available for download (members only). This is a great issue, don't miss it!

HATCH - UNUSUAL EVENT - NOTIFICATION OF UNUSUAL EVENT DECLARED DUE TO HIGH WATER LEVEL IN THE RCIC INSTRUMENT SUMP

"This is a one-hour report for the discovery of a condition that met an emergency action level (EAL) for a Notification of Unusual Event (NOUE). EAL HU1 - Natural and Destructive Phenomena Affecting the Protected Area Threshold Value 6 states: 'Exceeding Max Normal Operating Values specified in EOP 31EO-EOP-014-1(2) SC - Secondary Containment Control Table 5 Secondary Containment Operation Water Levels.'

"On September 2, 2010 Plant Hatch Unit 2, as part of an on-going RCIC [Reactor Core Isolation Cooling] system outage, was restoring a tagout which un-isolated the CST [Condensate Storage Tank] from the RCIC system. The shift crew received several alarms in a short period of time for RCIC Northwest Diagonal Instrument Sump levels culminating with receiving the RCIC N-W DIAG INSTRSUMP LVL HIGH HIGH HIGH alarm at 2240. There was a report of water on the floor of the diagonal and 2E51-FV005 (a vent valve on the discharge of the barometric condensate pump) was identified as the source. The shift crew closed 2E51-F010 [suction isolation valve to the CST] to isolate the CST from the RCIC system. The Shift Manager declared an NOUE at 2250 for HU-1 Natural and Destructive Phenomena Affecting the Protected Area. At 2255 the Triple High alarm cleared."

INDIAN POINT - HURRICANE WITHIN 500 NAUTICAL MILES OF THE FACILITY

"A hurricane is within 500 nautical miles from Indian Point Energy Center with wind speed in excess of 87 knots. The National Weather Service has issued a hurricane warning for a hurricane with wind in excess of 87 knots (approximately 100 mph) within 500 nautical miles of the facility. Per the Technical Requirement Manual a prompt report shall be made to the NRC Incident Response Center within 1 hour of receipt of that hurricane warning."

NRC TO HOLD PUBLIC MEETING TO DISCUSS SAFETY CULTURE AT SAN ONOFRE NUCLEAR GENERATING STATION

The Nuclear Regulatory Commission will hold a public meeting on Sept. 16 to discuss the status of progress made in addressing safety culture issues at the San Onofre nuclear plant, located near San Clemente, Ca.

The meeting between NRC staff and Southern California Edison Co. (SCE) officials will be held from 6 to 9:00 p.m. at the Doubletree Guest Suites Hotel, 34402 Pacific Coast Highway, in Dana Point, Ca. SCE officials will brief the NRC on their actions and progress made to address safety conscious work environment issues at the plant.

The public is invited to observe the meeting and will have an opportunity to ask questions of the NRC staff after the business portion of the meeting.

NRC News Release

Grand Gulf seeks to expand facility

WMC TV.com

JACKSON, Miss. (AP) - Entergy Mississippi will go before nuclear power regulators later this month to pitch its plans to expand the Grand Gulf plant near Port Gibson.

With approval from the Nuclear Regulatory Commission, the utility would increase the plant's output from 1,265 megawatts to 1,443 megawatts - a 13% increase.

Entergy officials tell The Clarion-Ledger that after the upgrade, Grand Gulf will be able to produce enough electricity to power an additional 53,000 homes round the clock for the life of the plant.

Grand Gulf has operated since 1985. The upgrade's cost would be split among the facility's joint owners, which also include Entergy's Arkansas, Louisiana and New Orleans subsidiaries.

Crack at Crystal River Nuclear Power Plant explained

Tampabay.com

CRYSTAL RIVER — From the start, one question especially has concerned the federal Nuclear Regulatory Commission: Why Crystal River?

Why did a 42-inch-thick wall at that nuclear plant separate into two layers during a big maintenance project last fall? Other nuclear plants have done similar jobs 26 times around the country, but no one ever saw a crack like Crystal River's — a crack that has kept the plant off-line for 11 months and piled up nearly a quarter of a billion...

Entergy Corp. (ETR) Executive Vice President & CFO Leo P Denault sells 10,024 Shares

GuruFocus.com

Executive Vice President & CFO of Entergy Corp. (ETR) Leo P Denault sells 10,024 shares of ETR on 08/31/2010 at an average price of $77.85 a share.

Entergy Corp. has a market cap of $15.21 billion; its shares were traded at around $80.33 with a P/E ratio of 11.2 and P/S ratio of 1.4. The dividend yield of Entergy Corp. stocks is 4.1%. Entergy Corp. had an annual average earning growth of 7.1% over the past 10 years. GuruFocus rated Entergy Corp. the business predictability rank of 2.5-star.

ETR is in the portfolios of James Barrow of Barrow, Hanley, Mewhinney & Strauss, Brian Rogers of T Rowe Price Equity Income Fund, Westport Asset Management, HOTCHKIS & WILEY of HOTCHKIS & WILEY Capital Management LLC, Steven Cohen of SAC Capital Advisors, Bruce Kovner of Caxton Associates, Louis Moore Bacon of Moore Capital Management, LP, Paul Tudor Jones of The Tudor Group, Jim Simons of Renaissance Technologies LLC, George Soros of Soros Fund Management LLC, Jean-Marie Eveillard of First Eagle Investment Management, LLC.

CEO Recent Trades:

•Sell: Chairman and CEO J Wayne Leonard sold 227,954 shares of ETR stock on 08/10/2010 at the average price of 79.11. J Wayne Leonard owns at least 360,683 shares after this. The price of the stock has increased by...

What Exelon’s Wind Energy Buy Means For the Future of Nuclear Power

bnet.com

Exelon (EXC) announced this week it was buying John Deere Renewables for as much as $900 million, a purchase that marks the company’s entrance into the wind generation business and suggests its lack of confidence in a nuclear energy renaissance. As the largest U.S. utility owner and the country’s biggest nuclear generator, Exelon’s actions often foreshadow where the energy industry is headed.

It wasn’t so long ago that President Obama gave nuclear power a huge boost by endorsing the energy source in his State of the Union speech. A month later, the Energy Department announced $8.3 billion in government-loan guarantees to help Southern Co. (SO) to build a new nuclear power plant — the first in more than 30 years — in Georgia.

But in the months since, the momentum for the much-touted nuclear renaissance has...

NASA says safety a priority in decommissioning reactor

The Morning Journal

PERKINS TOWNSHIP — The walls keep tumbling down at the site of NASA Plum Brook Station’s test nuclear reactor.

Contractors have razed four buildings and will recycle more than a half million pounds of metal from demolition that took place this spring and summer, according to the space agency.

“We’re getting a lot...

China, Russia agree to expand nuclear power cooperation

Reuters

BEIJING, Sept 2 (Reuters) - China and Russia have agreed to expand nuclear power cooperation in seven areas, including building floating nuclear power plants, exploring uranium mines, eliminating old plants and developing markets abroad, the China Atomic Energy Authority said. 

They will also cooperate on molten-core catcher technologies, which improve nuclear...

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