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Tuesday
May072013

Entergy Watch: Environmental coalition challenges Entergy's financial qualifications to continue operating reactors, including near border with Canada

"Burning money" graphic by Gene Case, Avenging AngelsAs reported by E&E's Hannah Northey at Greenwire, an environmental coalition including such groups as Alliance for a Green Economy (AGREE), Beyond Nuclear, Citizens Awareness Network (CAN), and Pilgrim Watch, has launched an emergency enforcement petition at the U.S. Nuclear Regulatory Commission, challenging the financial qualifications of Entergy Nuclear to safely operate and decommission such reactors at FitzPatrick in New York, Pilgrim in Massachusetts, and Vermont Yankee. All three reactors happen to be twin designs to Fukushima Daiichi Units 1 to 4, that is, General Electric Mark I boiling water reactors. The coalition's petition cited financial analyses by UBS on Entergy's dire economic straits. Representatives from coalition groups, including Beyond Nuclear's Paul Gunter, testified today before an NRC Petition Review Board at the agency's headquarters in Rockville, MD. 

Vermont borders Quebec, and FitzPatrick is located on the Upstate NY shore of Lake Ontario, across the lake from Canada's biggest city, Toronto. Radiological risks to public health, safety and the environment do not respect state or international borders, after all.

FitzPatrick, Pilgrim, and Vermont Yankee have each already recieved 20-year license extension rubber-stamps from NRC. FitzPatrick, even though it never installed a hardened vent in the early 1990s, to deal with its too small, too weak containment -- the only one, of 23 Mark I in the U.S., to not do so. Pilgrim became the longest contested license extension -- a proceeding lasting over 6 years -- thanks to the efforts of Mary Lampert at Pilgrim Watch. And the Vermont Yankee license extension was actually blocked by the State of Vermont -- this court battle between and involving the state, Entergy, and NRC rages on in multiple federal and state venues.

In a Feb. 8, 2013 interview with Reuters, Entergy's brand new CEO, Leo Denault, admitted that one of the main financial challenges Entergy faces is the high cost of making vital safety repairs on its age-degraded reactors.