Posts Tagged ‘nuclear energy’

Southern Co. gets loan guarantee for nuclear plant

by Associated Press Published: June 21,2010

Tags: electricity, energy, nuclear energy, utilities

ATLANTA — Southern Co. is accepting $8.3 billion in federal loan guarantees from the federal government, setting the stage for the construction of the first new nuclear reactors in the United States in a generation. The loan guarantees are contingent on the project in Burke County winning approval from the U.S. Nuclear Regulatory Commission. Southern [...] [...]

Grand Gulf to have most powerful reactor in U.S.

by Wally Northway Published: May 19,2010

Tags: energy, nuclear energy, utilities

When Grand Gulf Nuclear Station in Port Gibson began its 17th refueling outage earlier this month, it took its first step towards making history. While the usual work is taking place — maintenance, replacing spent fuel, troubleshooting, etc. – Grand Gulf employees are also laying the foundation for a $510 million project upgrade that will [...] [...]

Shaw Group wins Grand Gulf contract

by Wally Northway Published: May 14,2010

Tags: energy, nuclear energy, utilities

PORT GIBSON — The Shaw Group Inc. of Baton Rouge, La., has been awarded a contract with Entergy Operation Inc., a subsidiary of Entergy Corporation, to provide extended power uprate (EPU) plant modifications at Grand Gulf Nuclear Station in Port Gibson. The new contract follows a phase one EPU assessment conducted by Shaw’s nuclear engineering [...] [...]

Entergy nixes nuclear spin-off plans

by Associated Press Published: April 5,2010

Tags: dividends, energy, nuclear energy, publicly traded company, spin-off

NEW ORLEANS — Entergy Corp. says it will end plans for its proposed spinoff of six nuclear power stations into a separate company. In March, New York utility regulators rejected the plan for the company, called Enexus Energy Corp. and EquaGen LLC, because it wasn’t in the public interest. Entergy said today it would end [...] [...]

TVA delays decision on nuclear plant

by Associated Press Published: March 17,2010

Tags: energy, nuclear energy, TVA, utilities

NORTH MISSISSIPPI — Tennessee Valley Authority executives say they are delaying a planned April decision on whether to possibly build a new reactor at the Bellefonte Nuclear Plant in northeast Alabama. Utility spokesman Terry Johnson told the Chattanooga Times Free Press that the board is delaying a decision that was expected on April 16 for [...] [...]

Entergy makes concessions for spinoff

by Associated Press Published: March 4,2010

Tags: energy, Entergy, nuclear energy, spinoff, utilities

NEW ORLEANS — Entergy Corp. has agreed to financial concessions in an attempt to win approval from New York regulators for its proposed spinoff of six nuclear units. The New York State Public Service Commission is scheduled Thursday to consider whether to allow the New Orleans-based Entergy to create a separate, publicly-traded company known as [...] [...]

Bechtel lays off TVA workers

by Associated Press Published: March 2,2010

Tags: construction, energy, engineering, jobs, nuclear energy, recession, utilities

KNOXVILLE, Tenn. — Bechtel Power Corp. announced March 1 that it is laying off more than 600 engineers and support staff as design work ends ahead of construction of a second reactor at the Tennessee Valley Authority’s (TVA’s) Watts Bar nuclear power plant. Francis Caravan, a spokesman for Bechtel, told the Knoxville News Sentinel that [...] [...]

Lawmakers vote to close Entergy plant

by Associated Press Published: February 25,2010

Tags: energy, Entergy, nuclear energy

MONTPELIER, Vt. — The Vermont Senate voted yesterday to block the state’s only nuclear plant, which is operated by Entergy Corp., from operating after its license expires in 2012. This is at least a temporary setback for nuclear power only a week after President Barack Obama announced loan guarantees for building two reactors in the [...] [...]

Advance Mississippi supports guarantees

by Wally Northway Published: February 25,2010

Tags: Department of Energy, energy, nuclear energy

JACKSON — The Department of Energy’s recently-announced loan guarantees for new nuclear reactors has its backers, including Advance Mississippi. Advance Mississippi chairman Glenn McCullough Jr. released the following statement: “Advance Mississippi commends the U.S. Department of Energy for its loan guarantee program for new nuclear power generation. Nuclear energy is an important component of our [...] [...]

Southern Co. to get federal loan for reactors

by Associated Press Published: February 16,2010

Tags: energy, nuclear energy, President Barack Obama, utilities

BURKE, Ga. — President Barack Obama will announce a guarantee of $8.3 billion in loans for the first new U.S. nuclear power plant in nearly three decades, underscoring the administration’s efforts to reduce dependence on foreign oil. Obama was to make remarks today after touring a jobs center in Maryland. He was expected to announce [...] [...]

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