20080130 Constellation Threatens To Halt Plans For Reactor In Md
Hat Tip: Delusional Duck Wednesday, January 30, 2008
Constellation Energy Threatens To Halt Plans For Reactor In Md.
Constellation Energy Group has threatened to build a new nuclear reactor in
Hat Tip: nbc4.com
Constellation Energy Threatens To Halt Plans For Reactor In Md.
http://www.nbc4.com/news/15175143/detail.html
POSTED: 11:23 am EST January 30, 2008
UPDATED: 11:36 am EST January 30, 2008
BALTIMORE -- Constellation Energy Group has threatened to build a new nuclear reactor in
In a statement released on Tuesday, executive vice president Michael Wallace said the company hopes to break ground on a new reactor at Calvert Cliffs this year but would proceed instead with plans for a reactor at
The statement appears to be Constellation's latest effort to challenge efforts by
Gov. Martin O'Malley said he's committed to the nuclear project in
NRC Action on UniStar's Partial Combined License Application Sets Stage for Detailed Review of Potential New Reactor in
http://ir.constellation.com/phoenix.zhtml?c=112182&p=irol-newsArticle&ID=1101485&highlight=
UniStar Also Preparing
BALTIMORE, Jan. 29, 2008 -- UniStar Nuclear Energy, a strategic joint venture between Constellation Energy and the EDF Group, today announced that the U.S. Nuclear Regulatory Commission (NRC) has docketed UniStar's partial Combined License Application (COLA) for an advanced design reactor adjacent to Constellation Energy's Calvert Cliffs site in southern Maryland.
Michael J. Wallace, chairman of UniStar and executive vice president of Constellation Energy, said the NRC action confirms that the environmental portion of the application, as well as other critical information in the partial application, are technically complete and ready for detailed NRC review.
"The NRC decision is a major milestone in UniStar's plans to potentially develop and construct a fleet of new nuclear plants in the
Wallace said UniStar expects to make a final decision in the next 12-18 months on whether to proceed with a third reactor at the Calvert Cliffs site. He noted the company also is pursuing a new reactor in upstate
"Ideally, we would like to break ground for a new reactor in southern Maryland in late 2008 so this carbon-free, base-load source of electricity can be in operation by 2015," Wallace said. "However, if we encounter delays in
Wallace said the NRC decision to docket UniStar's partial Combined License Application begins a comprehensive, detailed review process that includes requests for additional information, site visits, public scoping meetings, the development of a draft environmental impact statement, and safety reviews.
UniStar plans to submit the remaining portion of its COLA -- which includes the Final Safety Analysis Report -- to the NRC in March. NRC regulations permit an applicant to submit one part of a COLA up to 18 months before submitting the remainder. Additional reviews and public meetings and hearings will occur following NRC review and acceptance of the remainder of the COLA.
The NRC decision, announced Jan. 25, continues to build momentum for UniStar, which is working with Constellation Energy, EDF, PPL, AmerenUE and emerging energy companies such as AEHI and
In December 2007, UniStar's partner in the
UniStar Nuclear Energy, a strategic joint venture between Constellation Energy and EDF, is powering the nuclear renaissance in North America through industry leadership, disciplined business practices and effective risk-management. Based in
Constellation Energy (http://www.constellation.com), a FORTUNE 125 company with 2006 revenues of $19.3 billion, is the nation's largest competitive supplier of electricity to large commercial and industrial customers and the nation's largest wholesale power seller. Constellation Energy also manages fuels and energy services on behalf of energy intensive industries and utilities. It owns a diversified fleet of 78 generating units located throughout the
An energy market leader in