Senate committee to review NRC task force's short-term recommendations in wake of Fukushima disaster
The Senate Environment and Public Works Committee, along with its Subcommittee on Clean Air and Nuclear Safety, will hold a hearing to discuss nuclear power plant safety Thursday.
The committee, led by its chairwoman, Sen. Barbara Boxer (D-Calif.), has been monitoring the Nuclear Regulatory Commission as it works to make sure nuclear power plants in the United States are protected from natural disasters.
Facing possible electricity shortage, U.K. opts for new nuclear power plant
The U.K. government has reached a deal with the world's largest electricity producer, ÃlectricitÃ© de France, to begin construction of a new nuclear power generating plant, Hinkley C, a pressurized water power reactor, in Somerset.
In a statement, the head of the Department of Energy and Climate Change, Secretary Edward Davey, called it an "excellent deal" for British consumers. "For the first time, a nuclear power station in this country will be built without money from the British taxpayer. It will increase energy security and resilience from a safe, reliable, homegrown source of electricity."
Critics claim nuclear power is 'in crisis'
Like wind and solar power, the U.S. nuclear energy industry has been buffeted in recent years by low energy prices brought on by a glut of cheap natural gas. Those economics prompted Entergy Corp. to announce the early closure of its Vermont Yankee nuclear power plant in August, according to the Boston Globe, and have compelled other operators to shelve plans for new builds.
But unlike renewables -- whose share of domestic electricity production has steadily grown over the past decade, in part due to help from state and federal governments -- the nuclear energy industry has been largely stagnant over the past 20 years. And that trajectory is unlikely to reverse anytime soon, according to an analysis of trends by nuclear consultant and longtime industry critic Mycle Schneider.
Companies could be headed to arbitration over Calif. plant damages
The owner of a shuttered California nuclear plant wants to force the maker of failed steam generators into binding arbitration.
Southern California Edison Co. (SCE) yesterday said that it had submitted to the International Chamber of Commerce a request for arbitration on claims the utility is making against Mitsubishi Heavy Industries and Mitsubishi Nuclear Energy Systems.