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The Nuclear Regulatory Commission staff has approved the transfer of the operating licenses for the Calvert Cliffs Units 1 and 2, Nine Mile Point Units 1 and 2, and Ginna nuclear reactors, as well as the license for the Calvert Cliffs Independent Spent Fuel Storage Installation (ISFSI), to a new ownership structure created by the joint venture of Constellation Energy Nuclear Group (CENG) and EDF Development, a U.S. subsidiary of Électricité de France S.A., a French limited company. As provided by NRC regulations, the staff's approval of the transfer is effective October 9. CENG and EDF Development submitted an application Jan. 22 requesting approval of the license transfer, and the companies provided supplemental information Feb. 26, April 8, June 25 and July 27. Following EDF Development's proposed purchase of 49.99 percent of CENG, Constellation Energy Group (CEG) would hold the remaining 50.01 percent through two intermediate companies, Constellation Nuclear and CE Nuclear. The current Constellation Nuclear Power Plants corporation would become an LLC and exist between CENG and the individual power plants.

The Nuclear Regulatory Commission staff has approved the transfer of the operating licenses for the Calvert Cliffs Units 1 and 2, Nine Mile Point Units 1 and 2, and Ginna nuclear reactors, as well as the license for the Calvert Cliffs Independent Spent Fuel Storage Installation (ISFSI), to a new ownership structure created by the joint venture of Constellation Energy Nuclear Group (CENG) and EDF Development, a U.S. subsidiary of Électricité de France S.A., a French limited company. As provided by NRC regulations, the staff's approval of the transfer is effective October 9. CENG and EDF Development submitted an application Jan. 22 requesting approval of the license transfer, and the companies provided supplemental information Feb. 26, April 8, June 25 and July 27. Following EDF Development's proposed purchase of 49.99 percent of CENG, Constellation Energy Group (CEG) would hold the remaining 50.01 percent through two intermediate companies, Constellation Nuclear and CE Nuclear. The current Constellation Nuclear Power Plants corporation would become an LLC and exist between CENG and the individual power plants.

The Nuclear Regulatory Commission staff has approved the transfer of the operating licenses for the Calvert Cliffs Units 1 and 2, Nine Mile Point Units 1 and 2, and Ginna nuclear reactors, as well as the license for the Calvert Cliffs Independent Spent Fuel Storage Installation (ISFSI), to a new ownership structure created by the joint venture of Constellation Energy Nuclear Group (CENG) and EDF Development, a U.S. subsidiary of Électricité de France S.A., a French limited company. As provided by NRC regulations, the staff's approval of the transfer is effective October 9. CENG and EDF Development submitted an application Jan. 22 requesting approval of the license transfer, and the companies provided supplemental information Feb. 26, April 8, June 25 and July 27. Following EDF Development's proposed purchase of 49.99 percent of CENG, Constellation Energy Group (CEG) would hold the remaining 50.01 percent through two intermediate companies, Constellation Nuclear and CE Nuclear. The current Constellation Nuclear Power Plants corporation would become an LLC and exist between CENG and the individual power plants.

New York regulators have approved a French company's acquisition of three nuclear power plants in upstate New York. In February, U.S. regulators approved a $4.5 billion offer by French power giant EdF to buy nearly half of Baltimore-based Constellation Energy Group Inc.'s nuclear operations. On Tuesday, the New York State Public Service Commission approved the acquisition, which includes two Nine Mile Point nuclear plants in Oswego near Syracuse and the Ginna (gih-NAY') station in Ontario near Rochester. Constellation Energy is the parent of Baltimore Gas & Electric, Maryland's largest utility.

Fasteners made for spent fuel storage devices at Oyster Creek Generation Station and several other power plants did not meet standards, according to the Nuclear Regulatory Commission. The NRC Web site lists information by Transnuclear Inc. that reported "a potential Part 21 violation and has reason to believe that Hwa Shin Bolt Ind. Co. provided unsubstantiated certified material." Transnuclear is performing an evaluation and does not believe the issue has safety significance. However, the company is reporting this issue because Hwa Shin may have supplied parts that may have safety significance, the report stated. The firm also reported that in addition to Oyster Creek, affected plants include Millstone Power Station in Connecticut, Susquehanna in Pennsylvania, Ginna in New York, Brunswick in North Carolina and Cooper Nuclear Station in Nebraska. NRC spokesman Neil Sheehan said that initial reviews by Exelon Nuclear, owners of Oyster Creek, have determined Oyster Creek is in possession of the fasteners in question. "However, none are in casks currently in use, that is, in casks loaded with spent fuel," he said.

Fasteners made for spent fuel storage devices at Oyster Creek Generation Station and several other power plants did not meet standards, according to the Nuclear Regulatory Commission. The NRC Web site lists information by Transnuclear Inc. that reported "a potential Part 21 violation and has reason to believe that Hwa Shin Bolt Ind. Co. provided unsubstantiated certified material." Transnuclear is performing an evaluation and does not believe the issue has safety significance. However, the company is reporting this issue because Hwa Shin may have supplied parts that may have safety significance, the report stated. The firm also reported that in addition to Oyster Creek, affected plants include Millstone Power Station in Connecticut, Susquehanna in Pennsylvania, Ginna in New York, Brunswick in North Carolina and Cooper Nuclear Station in Nebraska. NRC spokesman Neil Sheehan said that initial reviews by Exelon Nuclear, owners of Oyster Creek, have determined Oyster Creek is in possession of the fasteners in question. "However, none are in casks currently in use, that is, in casks loaded with spent fuel," he said.

Deal That Could Pave the Way for Four New Nuclear Reactors In the U.S. Is Taxpayer Boondoggle Coalition Statement on Reactors Planned for Maryland, Pennsylvania, New York and Missouri A transaction announced Wednesday through which Electricite de France (EDF) - the world's largest nuclear developer - will buy half of Baltimore-based Constellation Energy should not come to fruition. Not only does it increase the foothold of a French state-controlled utility in the largest energy market, but it makes it more likely that billions of U.S. taxpayer dollars will be sunk into an economically unviable industry. Baltimore-based Constellation Energy said that it would approve a deal with the world's largest nuclear developer, French-controlled EDF. Under the proposal, EDF would pay $4.5 billion to buy half of Constellation's aging nuclear assets, which consist of two reactors at Calvert Cliffs in Maryland, two reactors at Nine Mile Point in New York and the Ginna reactor, also in New York. In addition, EDF would buy up to $2 billion of non-nuclear Constellation power plants.