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Posts Tagged ‘nrg energy’

The deadline for citizen comments to the NRC on re-licensing of the South Texas Nuclear Project units 1 and 2 is tomorrow, April 1st. The applicant for license renewal is STPNOC – the South Texas Nuclear Operating Company. The Matagorda County nuclear reactors are owned by NRG South Texas LP, CPS Energy and the City [...]

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The Nuclear Regulatory Commission (NRC) voted to launch a review of US nuclear power plant safety in response to the March 11th Japan earthquake and tsunami which resulted in the crisis at Japanese nuclear power plants. The NRC plans to establish an agency task force, made up of current staff and former NRC experts that [...]

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San Antonio’s electric utility, CPS, has halted their negotiations on a power purchase agreement between CPS and STP’s expansion units 3 and 4.  CPS’s CEO, Doyle Beneby, announced that CPS and NRG have mutually agreed to terminate their PPA negotiations at this point.  It would appear that the issues facing NRG’s Japanese partners (including Tepco, the beleaguered [...]

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NRG Energy, Inc. posted their 2010 Full-Year and Fourth Quarter results today.  It appears that if no loan guarantees are forthcoming and the company fails to secure sufficient Power Purchase Agreements (PPA) for the STP expansion project by the third quarter of this year, NRG could make a final decision to pull the project. For [...]

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On January 25th, Juan Garza, President of Advanced Technology with NRG Energy, Inc. sent a letter to Austin Energy general manager, Larry Weis.  The contents of that letter are outlined below. Two months ago, I informally delivered a proposal to you for Austin Energy and NRG Energy to explore a purchase power agreement from the [...]

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 The Shaw Group is increasing its bet on nuclear power, announcing a role in the proposed 2,700-megawatt South Texas project making it the largest nuclear construction project in Shaw’s history. Toshiba, the Japanese company, and NRG Energy Inc. jointly own Nuclear Innovation North America, which is developing the South Texas plant. The Shaw Power Group [...]

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Constellation Energy Group Inc. said last week it was pulling out of talks on a $7.5 billion loan guarantee to build a reactor at its Calvert Cliffs facility in Maryland.  Constellation Energy Group’s Chief Operating Officer Michael Wallace told the Energy Department that they felt the estimated $880 million the company would have to pay [...]

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Statement of Tom “Smitty” Smith: We are shocked to hear the news that former Austin Energy and Pedernales Electric Cooperative General Manager Juan Garza has taken a job promoting nuclear power with New Jersey-based NRG Energy. While Garza rightfully acknowledges the danger climate change poses to Texas, nuclear power’s life cycle carbon footprint, exorbitant cost [...]

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In their recent report on how energy efficiency is bad for consumers in Texas, the Texas Public Policy Foundation took some time to tout nukes. To distinguish the development of new nuclear reactors from the previous generation which was frought with cost overruns and delays, they claim the following (page 7-8): “But unlike consumers from [...]

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Agency Is Refusing to Adhere to an Order to Release Document That Would Help Determine Safety of New Nuclear Reactors WASHINGTON, D.C. – The Nuclear Regulatory Commission (NRC) should stop balking and provide a critical document that would reveal how the owners of a Texas nuclear plant expansion project plan to deal with a fire [...]

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Statement of Tom “Smitty” Smith, Director, Public Citizen’s Texas Office Today’s announcement that as a part of a settlement with NRG Energy, CPS Energy will withdraw its application for a federal loan guarantee for the South Texas (Nuclear) Project (STP) expansion and end further investment in the project demonstrates nuclear plants are too costly and [...]

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A critical court ruling today rang the first chime in what could be the death knell of the so-called “nuclear renaissance,” starting with the failed expansion of the South Texas Project (STP). This afternoon’s ruling by 408th District Court Judge Larry Noll that CPS Energy can safely withdraw from the proposed STP expansion project without [...]

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Representatives from San Antonio’s CPS Energy and NRG Energy, their partner in the proposed South Texas Nuclear Project expansion, met this morning to try and reach a settlement on their $32 Billion lawsuit.  But CPS acting General Manager Jelynne LeBlanc-Burley apparently walked out of the meeting after learning that “neither Nuclear Innovation North America CEO [...]

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Last week San Antonio’s CPS released their cost estimate for the proposed South Texas Project Nuclear Expansion, and we found their numbers naive optimistic ignored history wanting.  To find out why, check out this Guest Column, printed in today’s San Antonio Express-News, from Public Citizen’s own Energy Policy Analyst Matthew Johnson. Nuclear reactors too expensive [...]

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Statement of Tom “Smitty” Smith, Director, Public Citizen’s Texas Office CPS Energy’s announcement today that it will cost $13 billion to build two new nuclear reactors at the South Texas Project (STP) is a naïve guess when compared to independent assessments that offer more realistic estimates for financing and construction. San Antonio already has spent [...]

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