Radioactive waste continues to pour from Exelon’s Illinois nuclear power plants more than a decade after the discovery of chronic leaks led to national outrage, a $1.2 million government settlement and a company vow to guard against future accidents, an investigation by a government watchdog group found. Since 2007, there have been at least 35 reported leaks, spills or other accidental releases in Illinois of water contaminated with radioactive tritium, a byproduct of nuclear power production and a carcinogen at high levels, a Better Government Association review of federal and state records shows.
VOA News 17th Nov 2017 read more »
South Carolina Electric & Gas Co (SCE&G), the main subsidiary of Scana Corp, said it will cut electricity rates to placate customers angered at having to bear the cost of the company’s abandoned V.C. Summer nuclear project. SCE&G will rollback residential rates to where they would have been in March 2015, resulting in an immediate annual reduction to rates by about $90 million, or 3.5 percent, the company said. It said there would be $2.9 billion in reduced shareholder earnings over 50 years as they absorb the nuclear construction amortization costs. The company also said it would write off $810 million.
Reuters 16th Nov 2017 read more »
South Carolina Electric & Gas Company (SCE&G) has unveiled a proposal that would see some of the capacity that should have been provided by the VC Summer nuclear power plant project replaced with gas and solar generation. The company’s shareholders would absorb the net construction costs of the abandoned nuclear project.
World Nuclear News 17th Nov 2017 read more »