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JASCKO’S U.S. RENAISSANCE RANKING: SOUTHERN, SCANA, NRG MOST LIKELY TO BUILD

December 4, 2010

Nuclear Townhall
 
During a sweep through Bloomberg’s New York City headquarters Friday, U.S. Nuclear Regulatory Commission Chairman Gregory Jaczko told the news service that nuclear plants being advanced by Southern Co., Scana Corp and NRG Energy, Inc. are at the top of the 13 applications currently pending before the agency.
 
Jaszko said the three companies are "actually doing" preparation work at their sites in Georgia, South Carolina and Texas.
 
Conspicuously missing from the list is EDF’s Calvert Cliffs 3 plant, which had been a clear frontrunner for Energy Department loan guarantees until the withdrawal of UniStar principal Constellation Energy.
 
Jaszko said decisions on applications to build will start flowing in 18 months.
 
Bloomberg quotes the Chairman as saying a couple years ago, more applicants "may have been talking about construction immediately after licensing, now there appears to be more of a wait and see."  Jaczko attributed the hiatus to a recession-induced energy demand drop and a decline in the cost of natural gas.
 
The press-shy NRC Chairman — who has been increasingly embattled in the face of mounting Congressional criticism for his handling of the high-profile Yucca Mountain license review — has generally been fastidious in not offering specifics on new plant licensing.

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