UNITED STATES | SPECIAL REPORT


New plan no bar to plant closure Just as the new administration raised hopes of renewed nuclear growth, the industry is shrinking. New York State’s Indian Point nuclear power plant is set to close for good on 30 April. Closing the plant, which is sited on the Hudson River, 24 miles away


from New York City and provided a quarter of its power, has long been a goal of Governor Andrew Cuomo. He announced plans to shut it down four years ago. Renewables are expected to fill the gap eventually, but until then the


closure is likely to boost gas-fired generation. The plan to shut down the reactors was initially announced by owner


Entergy in 2017 and unit 1 closed in April 2020. “Over the last 45 years, thousands of dedicated professionals have operated Unit 2 at Indian Point - safely, securely and reliably,” Entergy chief nuclear officer Chris Bakken said at the time. “We owe each of them our thanks for a job well done and for their commitment to the highest standards of professionalism.” Indian Point 2, a 998MWe PWR, began commercial operation in 1974


and unit 3, a 1030MWe PWR, in 1976. Indian Point 2 is licensed to operate until 2024 and unit 3 until 2025.


Indian Point nuclear power plant is set to close permanently


Climate Coalition, a confederation of individuals, environmental


groups, climate and clean energy advocates, last year delivered a petition and letter signed by more than 5000 environmentalists to Governor Andrew Cuomo urging him to postpone the closure of Indian Point which the organisation said would “increase emissions, hurt residents’ health, destabilise the grid, and set back New York’s climate agenda”. The organisation said that following the closure of unit 2 New York


State lost nearly a fifth of its total nuclear capacity and 10% of all carbon-free generation statewide. This figure double if Indian Point’s remaining reactor shuts down. ■


According to Bloomberg reports, presidential climate adviser Gina McCarthy confirmed nuclear energy should be one of the power sources eligible for the national clean energy mandate and indeed Biden’s climate plan names nuclear as a zero-carbon technology that can help address climate change. The plan promises to “leverage the carbon-pollution


free energy provided by existing sources like nuclear and hydropower, while ensuring those facilities meet robust and rigorous standards for worker, public, environmental safety and environmental justice.” The administration’s focus will be on managing nuclear’s


cost, safety and waste disposal challenges. The climate plans also lists “reclaiming” domestic uranium mining as a goal.


However the industry took heart from indications that


nuclear is not just seen as relying on existing designs, but as a new technology opportunity. The existing Advanced Research Projects Agency–Energy


(ARPA-E) will be boosted with an ARPA-C agency for climate technology goals in particular. Within the ARPA-C initiative are “affordable, game-changing technologies to help America achieve our 100% clean energy target,” that include small modular reactors at “half the construction cost of today’s reactors.”


Reinforcing the message Industry members were quick respond and try to reinforce the positive nuclear message. Among the potential new designs will be GE Hitachi


Nuclear, a venture between General Electric Co and Hitachi Ltd, that will use the Natrium design along with Bill Gates’s TerraPower LLC. “It will be all about getting online, getting traction, getting those reactors under construction,” Jay Wileman, president and chief executive officer of GE Hitachi told Reuters Next. “This is a great opportunity for our country to get our


groove back after a number of years of challenges,” Dan Poneman, president and chief executive officer of advanced fuel fabricator Centrus Energy Corp, told Reuters.


Cameco Corp. chief executive Tim Gitzel told SP Global that big investment in nuclear power will be necessary to meet President Biden’s low-carbon power trajectory. Noting that the US is “ two-thirds fossil fuels,” he told SP Global, “In 14 years, it’s going to be fossil fuel-free? I can tell you that’s a signal that all roads are going to have to go by nuclear plants, I think, if you’re ever going to get there”. Cameco CFO and senior vice president Grant Isaac noted in the same report that nuclear would also benefit from the move toward environmentally conscious financing. He saw investors’ growing concern over fossil fuels outweighing worries about the dangers of nuclear power. He said large companies with challenging net-zero emissions targets are being pulled toward nuclear power. That still leaves existing reactors facing tough market


conditions. Rick Perry, President Donald Trump’s former energy secretary, tried to set up subsidies for nuclear power, but energy regulators rejected the proposals. Sama Bilbao y Leon, director-general of the World


Nuclear Association, was quoted as saying that global policymakers need to structure electricity markets so that the full benefits of nuclear power, including its reliability and emissions-free power are recognised. That way they can compete with renewables and other forms of advanced technology. “Number one, there is a need for a level playing field in all aspects,” for nuclear power, she added. Key to the operating plants will be President Biden’s pick


for chair of the US Nuclear Regulatory Commission (NRC) Commissioner Christopher Hanson. Hanson, a Democrat, joined the NRC in June 2020,


appointed by then-President Trump. Federal law says that the commission cannot have more than three members of the same party but Hanson’s appointment switches the majority, as he has replaced Republican Kristine Svinicki. As chair, Svinicki focused on transforming the NRC


into a “modern, risk informed regulator” with proposals to streamline environmental and safety reviews for new reactor designs. Hanson has “more of a pro-safety bent,” according to Edwin Lyman, director of nuclear power safety for the Union of Concerned Scientists (UCS). ■


www.neimagazine.com | May 2021 | 15


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