Pilgrim Nuclear to Shut Down Permanently
NUKE PRO: Exposing Truth Anti-Nuclear Information and Resources, and Disaster Preparation Planning: http://nukeprofessional.blogspot.com/
Management cited several reasons for the decision, including low current and forecast low wholesale energy prices that are expected to lead to annual losses of more than $40 million in revenue for Pilgrim.
The company also blamed state energy policy, which Mohl said “picks winners and losers.”
“When we look at energy policies in Massachusetts we see a proposed clean energy standard that excludes nuclear, a preference for Canadian hydro power and the subsidization of gas pipeline capacity through electric ratepayers, and put that all together … and it became clear to us that we needed to make the decision to retire Pilgrim,” Mohl said.
The plant will remain under enhanced oversight by the federal Nuclear Regulatory Commission throughout the process, and Entergy expects to spend $45 million to $60 million at the plant during that time, he said.
Hiland, Patrick (September 2, 2010). “Safety/Risk Assessment Results for Generic Issue 199, ‘Implications of Updated Probabilistic Seismic Hazard Estimates in Central and Eastern United States on Existing Plants‘“ (PDF).
Source: http://nukeprofessional.blogspot.com/2015/10/pilgrim-nuclear-to-shut-down-permanently.html
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