Feds let Indian Point put reactor in 'storage' | recordonline.com - 0 views
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Energy Net on 04 Jan 10Indian Point and federal regulators have reached an agreement that will allow a reactor to sit dormant - under monitoring - for as long as 50 years while its parent company accrues enough money to safely tear it down. The agreement comes eight months after the Nuclear Regulatory Commission discovered a $38.6 million shortfall in the decommissioning trust fund for Indian Point's Unit 2. Federal laws require Entergy, Indian Point's parent company, to show it would have enough money to shut down and dismantle the unit by the end of its life. Entergy also wants license adjustment Entergy is also seeking a change to its license that would allow an auxiliary feedwater pump in Unit 3 to be out of commission for a longer period of time. The license currently allows the pump to be out of service for 72 hours. Entergy wants permission for it to be inactive for 106 hours so that it can evaluate and fix high vibrations that are affecting the pump. The pump is important because it provides water to a steam generator. The steam then turns the turbines and creates electricity. Because Entergy's request involves a chanage to its operating license, the public is allowed to submit requests for a hearing until mid-February. Requests should be submitted to the NRC. Adam Bosch Unit 2 is licensed until 2013, but Entergy is seeking a 20-year renewal. Entergy's investment fund for decommissioning had fallen behind because of the slumping economy, company spokesman Jerry Nappi said.
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Energy Net on 04 Jan 10Indian Point and federal regulators have reached an agreement that will allow a reactor to sit dormant - under monitoring - for as long as 50 years while its parent company accrues enough money to safely tear it down. The agreement comes eight months after the Nuclear Regulatory Commission discovered a $38.6 million shortfall in the decommissioning trust fund for Indian Point's Unit 2. Federal laws require Entergy, Indian Point's parent company, to show it would have enough money to shut down and dismantle the unit by the end of its life. Entergy also wants license adjustment Entergy is also seeking a change to its license that would allow an auxiliary feedwater pump in Unit 3 to be out of commission for a longer period of time. The license currently allows the pump to be out of service for 72 hours. Entergy wants permission for it to be inactive for 106 hours so that it can evaluate and fix high vibrations that are affecting the pump. The pump is important because it provides water to a steam generator. The steam then turns the turbines and creates electricity. Because Entergy's request involves a chanage to its operating license, the public is allowed to submit requests for a hearing until mid-February. Requests should be submitted to the NRC. Adam Bosch Unit 2 is licensed until 2013, but Entergy is seeking a 20-year renewal. Entergy's investment fund for decommissioning had fallen behind because of the slumping economy, company spokesman Jerry Nappi said.