Fortnightly Magazine - June 2015

Estimating the Longevity of Commercial Nuclear Reactors

A demographic analysis of plants in the U.S.

The question of the life span of these resources is highly pertinent, given efforts to subsidize nuclear units in New York and Illinois. Are these subsidies for five years or 30 years? There is little research on the life expectancy of the average commercial reactor.

Digest (June 2015)

Duke Energy completed the sale of its non-regulated Midwest Commercial Generation Business to Dynegy for $2.8 billion; Sempra U.S. Gas & Power acquired the Black Oak Getty wind project in Minnesota from Geronimo Energy; Toshiba received an order to supply two sets of 175-MW steam turbine and generators in Chihuahua, Mexico; Alstom Grid was awarded a $23 million contract to supply the first 500 kV substation a substation near Bogota, Colombia; SunEdison agreed to construct and install three solar power plants in southern Utah with a total capacity of 262 MW; Mississippi Power plans to build utility-scale solar farms with a combined capacity represent the largest solar installation in the state; Phoenix Energy's joint venture, North Fork Community Power's project was awarded a $4.9 million grant to construct one of the first forest-sourced biomass gasification plants; Westinghouse Electric will increase the capacity of the cooling system at the Central Interim Storage Facility for Spent Nuclear Fuel (Clab) located in Sweden.

Transactions (June 2015)

Duke Energy completed the sale of its non-regulated Midwest Commercial Generation Business to Dynegy for $2.8 billion; Sempra U.S. Gas & Power acquired the Black Oak Getty wind project in Minnesota from Geronimo Energy; Dominion acquired a 20-MW solar facility in California from E.ON North America; Plus debt offerings from Alabama Power, CONSOL Energy and Appalachian Power.

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