Nuclear power plants

NRC Requires Additional Earthquake Risk Analysis for Two Western U.S. Reactors

The Nuclear Regulatory Commission set a June 2017 deadline for two of three Western U.S. operating nuclear power plants to conduct in-depth analyses of their updated earthquake risk. The NRC is requiring Columbia (Benton County, Wash.) and Diablo Canyon (Avila Beach, Calif.) to submit their detailed risk analysis by June 30, 2017. The NRC continues to examine information from Palo Verde (Wintersburg, Ariz.); if the agency concludes the plant needs the in-depth risk analysis it must complete the work by Dec. 31, 2020.

Future Imperfect: Managing Strategic Risk In an Age of Uncertainty

Part 1 of a 2-part article explores new technologies most likely to influence competitive success.

When fighter pilots list the advantages of one combat aircraft over another, they do not speak primarily of speed. Rather, they refer to the ability of one aircraft to “turn inside” another, to negate other aspects of performance with a superior turning radius. For the utility industry, fundamental changes in technology, markets, or regulatory requirements can “turn inside” the ability of companies to respond, as long-lived investments and choice of fuels lock them into their strategic choices for decades. This article proposes ways for utility leaders to understand strategic risk better and manage it more effectively.

The Need for Nuclear Now

States will play a significant role in the resurgence of nuclear power plants in America.

At times, various conditions align and set the stage for achieving goals that may have appeared to be unreachable. Last summer, the Boston Red Sox were all but eliminated from contention, but then won an amazing stretch of baseball games that resulted in a World Series championship.

A similar scenario can be applied to the U.S. nuclear industry-producer of a steady, low-cost, environmentally important electricity source poised to thrive with the possibility of new plant construction in the not-so-distant future.

Perspective

A face-to-face interview with FERC Chairman Pat Wood III.

Perspective

A face-to-face interview with FERC Chairman Pat Wood III.

Bold. Fearless. Relentless. These are the words now being used by both critics and supporters to describe Federal Energy Regulatory Commission Chairman Pat Wood III.

FERC's recent policy initiatives and directives mark a strong shift from what was last year regarded as a more reluctant commission.

Investment in Russia: Super Power Opportunities

The Russian power sector is priming itself for outside financial and infrastructure investment. By Branko Terzic and James Balaschak

The Russian power sector is priming itself for outside financial and infrastructure investment. By Branko Terzic and James Balaschak

Prospects for the successful development of the Russian power sector in the next 20 years will depend on the inflow of private investment into the industry. The crucial task, as clearly understood by both the Russian government and the management of the major power companies, is how to significantly raise the attractiveness of the industry to private investors.