The U.S. Nuclear Regulatory Commission approved the indirect transfer of MidAmerican Energy Co.`s 25 percent non-operating ownership interest in Quad Cities Nuclear Power Station, Units 1 and 2, as a result of the acquisition of MidAmerican Energy Holdings Co. by an investor group that includes Berkshire Hathaway Inc.; Omaha, Neb., businessman Walter Scott Jr.; and David L. Sokol, MidAmerican`s chairman and chief executive officer. Pending final regulatory approvals, the deal is expected to clos
Trojan Nuclear Power Plant`s decommissioned reactor vessel is positioned for its placement in a burial trench at Hanford Nuclear Reservation in central Washington. Pressure-wrapped in blue plastic, filled with concrete and wrapped in six inches of steel, the 1,000-ton reactor journeyed via barge 270 miles up the Columbia River. Trojan, the largest U.S. commercial reactor ever taken offline, was shut down in 1993, two decades earlier than planned after a series of problems including a faulty safe
UtiliCorp United named Dr. Shirley Ann Jackson, president of the Rensselaer Polytechnic Institute, to its board of directors. A former chairman of the Nuclear Regulatory Commission, Jackson previously taught as a professor of theoretical physics at Rutgers University and worked as a theoretical physicist at the former AT&T Bell Laboratories.
FirstEnergy Corp. named Robert F. Saunders president of its FirstEnergy Nuclear Operating Co. (FENOC) subsidiary and chief nuclear officer. He succeeds John P. Stetz, who will be reassigned within the FENOC organization. Saunders most recently served as vice president, nuclear site operations, Susquehanna Nuclear Site, for PP&L Inc., formerly Pennsylvania Power & Light Co.
The Tennessee Valley Authority (TVA), one of the largest utilities in the United States, has implemented new operations scheduling software for hourly planning. Savings have come from optimizing the schedule to minimize operating costs. Computer simulation has, in a number of cases, encouraged the utility to idle as many as 12 units to achieve significant cost savings while ensuring generation reliability.
Executives should cringe at the thought that electric utilities` year 2000 (Y2K) readiness might be judged by the "prudence" standard previously applied to nuclear power plants and other large construction projects under the regulatory microscope of state public utility commissions. The popular press, utility financial analysts, and legal pundits worry about a possible tidal wave of litigation relating to Y2K disputes. The predicted tidal wave, however, may only amount to a trickle if advocates
Unicom promoted Robert J. Manning to president of competitive operations; Pamela B. Strobel, executive vice president and general counsel; Frank Clark, senior vice president of corporate and governmental affairs; Ruth Ann Gillis, senior vice president of competitive operations; and Dave Helwig senior vice president of nuclear services in the Nuclear Generation Group.