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NRC to meet AEP Thurs. to discuss Mich nuke re
NRC to meet AEP Thurs. to discuss Mich nuke restart
NEW YORK, March 22 (Reuters) - American Electric Power Co. Inc. (AEP)
<AEP.N> will meet Thursday with Nuclear Regulatory Commission (NRC)
staff in what the company said is one of the final steps needed
before going ahead with the proposed April 22 restart of Unit 2 at
its Cook nuclear plant in Michigan.
The 1,090 megawatt (MW) Cook Unit 2 has been shut since September,
1997, for extensive upgrades after an NRC inspection raised safety
concerns over the plant's design.
"We're in the process of performing a system start up and testing of
plant equipment. The NRC has closed the Confirmatory Action Letter
(CAL) which was the 10 identified items that they said we needed to
do before restart," an AEP spokesman told Reuters on Wednesday.
"Additionally, they have an NRC process manual for restarting plants,
and they have some key specific items that we're working on
completing prior to restart. At last count we were somewhere in the
neighborhood of having 25 out of 36 of those completed," he added.
There will be at least one more meeting with the NRC some time in
April, but not yet scheduled, prior to restart, the company said
previously.
In late February the company pushed back its planned April 1 restart
of Unit 2 until April 22 due to "issues encountered during testing of
equipment necessary for core reload and power operations."
The company said at the time it still expected the unit to be online
in time to meet peak summer electricity demand.
The two reactors at shuttered Cook power station, near Bridgman,
Mich. have an overall generating capacity of 2,110 MW.
AEP has targeted September 1 as the restart date for the adjacent
1,020 MW Cook Unit 1.
An NRC Regional Administrator will hold a news conference at the Cook
plant after the 1:00 p.m. EST meeting with AEP.
Both the NRC and AEP have said they do not expect a major
announcement to come from tomorrow's meeting, although traders
concerns are not so easily allayed. Concern over the plant's changing
restart dates have been pushing around summer electricity prices in
the Midwest for the past several weeks.
AEP, based in Columbus, Ohio, provides electricity to three million
customers in Indiana, Kentucky, Michigan, Ohio, Tennessee, Virginia,
and West Virginia.
In December 1997, AEP agreed to merge with Central and South West
Corp. <CSR.N>, a public utility holding company based in Dallas,
Texas. CSW's U.S. operations serve 1.7 million customers in Texas,
Oklahoma, Louisiana and Arkansas.
The companies are awaiting approval from the Securities and Exchange
Commission. Upon completion of the merger, the new company will be
called American Electric Power.
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Director, Technical Extension 2306
ICN Worldwide Dosimetry Division Fax:(714) 668-3149
ICN Biomedicals, Inc. E-Mail: sandyfl@earthlink.net
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