The Tax Court of New Jersey has ruled that Oyster Creek’s spent nuclear fuel storage casks are subject to taxation as real property.
Currently, the Nuclear Regulatory Commission is overseeing 17 nuclear power plants that are undergoing active decommissioning. For 10 of those plants, the NRC licenses have been transferred, either through sale or temporary transfer, from the plant owner and operator to a third party, nonutility company for decommissioning. To be profitable, those companies are decommissioning the nuclear plants as expediently as they safely can, while still protecting workers and the environment, using proprietary techniques and processes.
The deadline for first-round applications to the Department of Energy’s Civil Nuclear Credit (CNC) Program is September 6. While the program’s goal has never shifted from providing support to nuclear power plants facing closure for economic reasons so that they can continue generating clean power, the deadline and the first-round eligibility criteria have changed. The program was established by the Bipartisan Infrastructure Law with a sizable, yet finite, fund of $6 billion. Those applying in the first round will get the first—and possibly the best—crack at a share of the funds.
The Department of Energy earlier this year approved part one of a loan application from Holtec International for small modular reactor construction and invited the firm to apply for a loan to help build four of its SMR-160 units and grow its manufacturing capacity to produce the first wave of SMRs.
The Nuclear Regulatory Commission has issued a confirmatory order to Holtec Decommissioning International (HDI) following an alternative dispute resolution mediation session regarding security-related violations at the Oyster Creek nuclear power plant in Lacey Township, N.J. A subsidiary of Holtec International, HDI is decommissioning Oyster Creek, which permanently ceased operations in 2018.
The Nuclear Regulatory Commission has proposed a $150,000 fine for apparent security-related violations at the Oyster Creek nuclear power plant in New Jersey. Oyster Creek permanently ceased operations in 2018, and ownership of the plant was transferred to Holtec Decommissioning International for decommissioning in July 2019.
Pamela Cowen
Having spent more than 25 years in the commercial nuclear power community, Pam Cowan has spent time in both the front- and back-end operations of nuclear power. It is this experience that she draws upon as the senior vice president and chief operating officer of Holtec Decommissioning International (HDI) to help her build a growing fleet of power plants undergoing decommissioning and demolition.
Cowan, who came to HDI from the Nuclear Energy Institute, is also senior vice president of decommissioning and regulatory affairs for HDI parent company Holtec International and president of the Nuclear Asset Management Company, the owner of the plants. Cowan also serves as a member of the board of directors of Comprehensive Decommissioning International, a decommissioning general contractor, jointly owned by Holtec and SNC-Lavalin.
Radwaste Solutions spoke to Cowan about Holtec’s fleet approach to decommissioning and her plans for HDI.
(Editor's note: Soon after this article was published in Radwaste Solutions, Westinghouse Electric Company announced that Pam Cowan had been appointed president of the company's Americas operating plant services unit. Cowan takes over the business on September 21, following the retirement of current president, David Howell.)
The site of the Oyster Creek Nuclear Generating Station in Lacey Township, N.J., could be the location for Holtec International’s SMR-160 small modular reactor, according to an AP News story published last week.
ARDP investment: Holtec received $147.5 million in Advanced Reactor Demonstration Program funding to demonstrate its SMR design. Company spokesperson Joe Delmar said, “As part of our application to the Department of Energy for its advanced reactor demonstration program, we expressed interest in possibly locating an SMR-160 small modular reactor at the Oyster Creek decommissioning site in the future. This concept is only preliminary and something we would likely discuss with Lacey Township and the community if plans to locate (the reactor) at Oyster Creek evolve.”
Holtec International recently filed two lawsuits against a New Jersey planning board that is attempting to hold up the decontamination and decommissioning of the Oyster Creek nuclear power plant, the Courier Post reported on September 18.
On Episode 12 of RadioNuclear, we discuss how fear-mongering stories about nuclear power plants in the path of a hurricane are irrelevant, the Oyster Creek Shutdown, and lastly, how nuclear power should be used geopolitically.
As the Eastern half of the United States falls under siege by Hurricane Sandy and combined weather fronts-which together are being termed "Frankenstorm"-the nuclear community is targeted by nuclear opponents keen on capitalizing on this severe weather event. A recent piece quoting Arnold Gundersen asserts that Oyster Creek Nuclear Generating Station is facing serious problems should it lose offsite power, saying essentially that the plant will be unable to provide cooling for the spent fuel in its spent fuel pool.