NukeWorker Forum

Career Path => General => Topic started by: retired nuke on Dec 08, 2016, 09:11

Title: Palisades to close in 2018
Post by: retired nuke on Dec 08, 2016, 09:11

http://www.reuters.com/article/idUSL5N1E33S3 (http://www.reuters.com/article/idUSL5N1E33S3)
 >:(

Title: Re: 'Nother one
Post by: Rennhack on Dec 09, 2016, 10:44

I'll never get vested in the pension now.

Title: Re: 'Nother one
Post by: Rennhack on Dec 09, 2016, 01:05

Even though IPEC makes more money than the rest of the company combined, I wouldn't be surprised to hear that announcement next year. (Not closed, just sold)

Title: Re: 'Nother one
Post by: GLW on Dec 09, 2016, 01:30

None of this is news,....

this is from 2013:

http://www.prnewswire.com/news-releases/report--over-three-dozen-us-nuclear-reactors-at-risk-of-early-retirement-12-face-greatest-shutdown-pressure-215857411.html (http://www.prnewswire.com/news-releases/report--over-three-dozen-us-nuclear-reactors-at-risk-of-early-retirement-12-face-greatest-shutdown-pressure-215857411.html)

Report:  Over Three Dozen U.S. Nuclear Reactors At Risk Of Early Retirement, 12 Face Greatest Shutdown Pressure Jul 17, 2013,

https://insideclimatenews.org/slideshow/14-us-nuclear-plants-closing-or-risk%E2%80%94-photographs-and-text (https://insideclimatenews.org/slideshow/14-us-nuclear-plants-closing-or-risk%E2%80%94-photographs-and-text)

the plants listed in the slideshow and the article are the same plants we are still talking about, and IIRC, the first big data dumps for at risk plants were circulating in 2012,...

no news, no surprises,...

plus, it's Entergy, and the loozeeanna boys seem predisposed to play hardball when it comes to Yankeez, IIRC, the company is structured to facilitate that disposition towards things west of the Pecos and north of the M-D line,...

now, the zero emissions credits are a bit of a surprise, too late for Kewaunee and VY, perhaps not too late for Ft. Calhoun as they are not past the point of no return just yet,....

Title: Re: 'Nother one
Post by: Rennhack on Dec 09, 2016, 03:53

Quote from: GLW on Dec 09, 2016, 01:30

plus, it's Entergy, and the loozeeanna boys seem predisposed to play hardball when it comes to Yankeez, IIRC, the company is structured to facilitate that disposition towards things west of the Pecos and north of the M-D line,...

Entergy has stated that they plan to divest themselves of non-regulated markets.  IPEC is the last one standing.

Title: Re: 'Nother one
Post by: retired nuke on Dec 09, 2016, 05:12

Entergy is unique in that it's split across regulate / non-regulated in one company.They tried to split, but  didn't get approval. Being under both rules makes investors nervous, and accounting a nightmare.

Title: Re: 'Nother one
Post by: GLW on Dec 09, 2016, 08:46

Quote from: HouseDad on Dec 09, 2016, 05:12

Entergy is unique in that it's split across regulate / non-regulated in one company.They tried to split, but  didn't get approval. Being under both rules makes investors nervous, and accounting a nightmare.

AIUI (+ a quick V&V):

Entergy Utility Owned;

ANO
Grand Gulf
River Bend
Waterford 3

Entergy Wholesale Commodities Owned;
 
FitzPatrick
Indian Point Energy Center
Palisades
Pilgrim
Vermont Yankee (aka ENVY)

Entergy Wholesale Commodities Management Services;
 
Cooper
 

Title: Re: 'Nother one
Post by: Rennhack on Dec 09, 2016, 09:26

http://gophouse.org/rep-nesbitt-implores-consumers-entergy-miso-keep-palisades-open/

Title: Re: 'Nother one
Post by: Ksheed on Dec 12, 2016, 09:34

Quote from: ksheed12 on Feb 24, 2016, 09:25

I agree, the only thing keeping IP open for business is the second unit. I'm not sure how much longer that will save their skin. I'd bet that Palisades is on the short list and won't be surprised when the news release comes out on it's shutdown date.

http://midwestenergynews.com/2016/12/12/michigan-illinois-take-different-paths-on-struggling-nuclear-plants/ (http://midwestenergynews.com/2016/12/12/michigan-illinois-take-different-paths-on-struggling-nuclear-plants/)