Commodities and Futures News

US report says corrosion at Michigan nuclear plant above estimates

2024.10.02 12:39

By Timothy Gardner

WASHINGTON (Reuters) – Holtec, the company wanting to reopen the Palisades nuclear reactor in Michigan, found corrosion cracking in steam generators ‘far exceeded’ estimates, the U.S. nuclear power regulator said in a document published on Wednesday.

The administration of President Joe Biden finalized this week a $1.52 billion conditional loan guarantee to the Palisades plant. It is part of an effort by the administration to support nuclear energy, which generates virtually emissions-free power, to curb climate change and to help satisfy rising electricity demand from artificial intelligence, electric vehicles and digital currency.

A Nuclear Regulatory Commission spokesperson said, “Holtec must ensure the generators will meet NRC requirements if the agency authorizes returning Palisades to operational status.”

Holtec, which has said it wants to return the plant to operation late next year, did not immediately respond to a request for comment.

A summary of an early September call between the NRC and Holtec published on Wednesday said indications of stress corrosion cracking in tubes in both of the plant’s steam generators “far exceeded estimates based on previous operating history.” It found 1,163 steam generator tubes had indications of the stress cracking. There are more than 16,000 tubes in the units.

Palisades, which shut under a different owner in 2022, is seeking to be the first modern U.S. nuclear power plant to reopen after being fully shut.

© Reuters. FILE PHOTO: A view of the grounds at the Palisades nuclear reactor in Covert Township, Michigan, U.S., August 14, 2024. REUTERS/Phil Stewart/File Photo

The U.S. nuclear regulator said last month that preliminary results from inspections “identified a large number of steam generator tubes with indications that require further analysis and/or repair.”

Steam generators are sensitive components of a nuclear power plant that require meticulous maintenance and are expensive to replace.



Source link

Related Articles

Back to top button
bitcoin
Bitcoin (BTC) $ 85,963.03 2.73%
ethereum
Ethereum (ETH) $ 2,349.53 4.74%
tether
Tether (USDT) $ 0.999396 0.00%
xrp
XRP (XRP) $ 2.21 3.33%
bnb
BNB (BNB) $ 615.35 1.25%
solana
Solana (SOL) $ 140.20 0.17%
usd-coin
USDC (USDC) $ 0.999982 0.02%
dogecoin
Dogecoin (DOGE) $ 0.207867 0.77%
cardano
Cardano (ADA) $ 0.664119 1.89%
staked-ether
Lido Staked Ether (STETH) $ 2,347.40 4.69%
tron
TRON (TRX) $ 0.227954 0.81%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 85,888.01 2.67%
wrapped-steth
Wrapped stETH (WSTETH) $ 2,819.05 4.37%
chainlink
Chainlink (LINK) $ 15.49 1.76%
litecoin
Litecoin (LTC) $ 129.43 8.99%
avalanche-2
Avalanche (AVAX) $ 22.92 4.29%
sui
Sui (SUI) $ 2.92 2.15%
stellar
Stellar (XLM) $ 0.289434 0.50%
the-open-network
Toncoin (TON) $ 3.47 2.48%
shiba-inu
Shiba Inu (SHIB) $ 0.000015 2.91%
leo-token
LEO Token (LEO) $ 9.21 1.91%
hedera-hashgraph
Hedera (HBAR) $ 0.200644 3.18%
polkadot
Polkadot (DOT) $ 5.00 5.55%
usds
USDS (USDS) $ 0.999957 0.03%
mantra-dao
MANTRA (OM) $ 7.29 4.22%
weth
WETH (WETH) $ 2,349.69 4.74%
hyperliquid
Hyperliquid (HYPE) $ 20.49 1.90%
bitcoin-cash
Bitcoin Cash (BCH) $ 299.48 1.83%
ethena-usde
Ethena USDe (USDE) $ 0.999054 0.02%
bitget-token
Bitget Token (BGB) $ 4.11 1.52%
uniswap
Uniswap (UNI) $ 8.10 1.30%
wrapped-eeth
Wrapped eETH (WEETH) $ 2,492.68 4.71%
monero
Monero (XMR) $ 214.30 3.12%
whitebit
WhiteBIT Coin (WBT) $ 26.38 1.80%
near
NEAR Protocol (NEAR) $ 3.08 2.10%
aptos
Aptos (APT) $ 6.18 9.86%
pepe
Pepe (PEPE) $ 0.000008 3.48%
dai
Dai (DAI) $ 0.999975 0.01%
internet-computer
Internet Computer (ICP) $ 6.65 3.41%
ondo-finance
Ondo (ONDO) $ 0.997388 2.29%
aave
Aave (AAVE) $ 206.90 1.44%
bittensor
Bittensor (TAO) $ 364.42 1.21%
susds
sUSDS (SUSDS) $ 1.04 0.02%
ethereum-classic
Ethereum Classic (ETC) $ 18.97 0.80%
okb
OKB (OKB) $ 45.40 1.68%
gatechain-token
Gate (GT) $ 21.52 1.75%
official-trump
Official Trump (TRUMP) $ 13.22 2.47%
mantle
Mantle (MNT) $ 0.762906 3.70%
tokenize-xchange
Tokenize Xchange (TKX) $ 30.32 8.36%
coinbase-wrapped-btc
Coinbase Wrapped BTC (CBBTC) $ 85,954.03 2.76%