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Nuclear is Back: Deregulation Powers Nuclear Industry Renaissance



Index:



Nuclear is Back: Deregulation Powers Nuclear Industry Renaissance 

Japan seeks U.S. go-ahead to return MOX fuel to UK

Full text of Nagasaki's Peace Declaration

Newcastle company plays down radiation scare

Perma-Fix Opens Radioactive/Hazardous Treatment Facility

==============================================



Nuclear is Back: Deregulation Powers Nuclear Industry Renaissance 

  

ATLANTA--(BUSINESS WIRE)--Aug. 9, 2001--Policymakers and political 

leaders, now dealing with deregulation, higher prices for fossil 

fuels, and global warming, are becoming reacquainted with the virtues 

of nuclear energy. 



And nuclear power advocates are finding themselves in a position to 

benefit from the problems slamming other parts of the energy 

industry. 



As reported in the August issue of Energy Competition Strategy Report 

(ECSR), published by Atlanta-based NHI Publications, energy experts 

say a definite revival of interest in nuclear power can be seen on 

the horizon. According to experts interviewed in the report, nuclear 

is enjoying a higher profile among the country's policymakers 



-- and among power company executives -- for several reasons: 



--  Improvements in performance and capacity, along with 

reductions in operating and maintenance costs, have made 

nuclear one of the lowest cost electricity sources in 

deregulated wholesale markets. 



--  Nuclear's forward price stability exceeds that of any other 

electricity source, making it highly attractive in a market 

that's been hammered by high price volatility. 



--  Nuclear power plants are the nation's largest source of 

emission-free generation, a fact becoming more important under 

the Clean Air Act. 



Several energy companies featured in the report reveal the growing 

importance being on nuclear, which is accounting for an increasing 

percentage of total generation. 



Other highlights of August's Energy Competition Strategy Report 

include: 



--  Can technology help resolve the power crisis? The Electric 

Power Research Institute recommends a number of actions to 

help address immediate issues posed by the California power 

crisis, while also providing technology solutions that would 

ultimately create a power delivery system capable of meeting 

the demands of the 21st century. 



--  In a revealing look at Pennsylvania's deregulation, ECSR 

reports on the results from The Keystone Research Center's 

study, "Pennsylvania Utilities in Crisis." 



--  Smart metering technology allows utilities and their customers 

to manage and conserve power, thereby reducing costs for 

everyone. Moreover, utilities that use the technology can 

differentiate themselves in a competitive market. ECSR reveals 

the benefits to both utilities and consumers from a fast-growing 

Mississippi-based developer of the technology who thinks smart meters 

can have an immediate impact on the energy crisis. 

--------------



Japan seeks U.S. go-ahead to return MOX fuel to UK

  

TOKYO, Aug 9 (Reuters) - Tokyo has asked Washington for a green light 

to ship to Britain a consignment of MOX nuclear fuel, part of which 

originated in the United States, a Japanese power company said on 

Thursday. 



Under a bilateral agreement, Washington must approve the transfer of 

any nuclear fuel containing U.S.-made material, in this case uranium.



The MOX -- a blend of uranium and plutonium recycled from spent 

nuclear fuel -- was initially shipped in 1999 from British Nuclear 

Fuels Ltd (BNFL) to Kansai Electric Power Co Inc for use at one of 

its reactors. 



But BNFL agreed last July to take back the fuel after Kansai Electric 

discovered accompanying data had been falsified. It also agreed to 

pay compensation of 40 million pounds ($56.62 million). Masahiro 

Takasugi, Kansai Electric's deputy general manager, told reporters 

the company hoped U.S. approval would come by the end of the year. 



The utility aims to return the MOX between April and December, 

although no schedule has been set, he said. 



"The shipment cannot be made in winter because the sea is too rough 

then," Takasugi said. 



Kansai Electric could not comment on future MOX contracts until the 

consignment was returned to Britain, he said. 



The Japanese utility had initially planned to load the MOX fuel at 

its Takahama nuclear power plant in Fukui prefecture on the Sea of 

Japan coast. 



The revelation that MOX data had been falsified coincided with 

Japan's worst nuclear incident and the two incidents ignited 

smouldering public distrust of the nuclear industry. 



In September 1999, an accident at a uranium reprocessing plant 

operated by JCO Co Ltd in Tokaimura, about 140 km (90 miles) 

northeast of Tokyo, killed two workers and exposed hundreds of 

residents to radiation. 



No Japanese power plant has used MOX despite industry plans to begin 

loading the fuel in 1999. 



The government and nuclear industry say they will continue to seek 

the public's understanding on the use of MOX, which they argue is an 

important resource for energy-hungry Japan. 



A third of Japan's electricity comes from nuclear power. 

----------------



Full text of Nagasaki's Peace Declaration



NAGASAKI, Aug. 9 (Kyodo) - The following is the full text of the 

peace declaration delivered Thursday by Nagasaki Mayor Itcho Ito at a 

peace memorial ceremony marking the 56th anniversary of the atomic 

bombing of the southwestern Japan city. 



Having entered a new century, we offer heartfelt prayers for the 

repose of the souls of those who died in the atomic bombings and for 

all the victims of war in every country, calling to the world for 

peace from the atom-bombed city of Nagasaki. 



We the citizens of Nagasaki have continuously appealed for the 

realization of the 21st century as an era free from nuclear weapons. 

Notwithstanding, no fewer than 30,000 nuclear warheads remain in 

existence on the surface of our planet, and the nuclear threat is now 

on the verge of expanding into space. 



Fifty-six years ago, it required only a single and relatively 

primitive atomic bomb to instantly transform our city into hell on 

Earth. 



The 20th century was an age of great progress for humankind in terms 

of science and technology, as well as awareness of human rights. At 

the same time, however, the 20th century gave birth to nuclear 

weapons, instruments capable of destroying all of humanity. 



The nuclear weapons states have refused to give up these instruments, 

even with the passing of the Cold War, and a nuclear superpower is 

now insinuating that it may renege on international commitments in 

the area of nuclear disarmament. We are vigorously opposed to these 

movements, which could negate previous efforts for the elimination of 

nuclear weapons. 



The agreement on ''an unequivocal undertaking to accomplish the total 

elimination of their nuclear arsenals...'' expressed in May of last 

year at the 2000 Review Conference of the Parties to the Treaty on 

the Non-Proliferation of Nuclear Weapons should not be allowed to 

become an empty promise. We shall continue to raise our voices in 

unison with the peoples of the world so as to actualize this 

undertaking. 



We urge the Japanese government, representing a nation that has 

suffered nuclear attack, to play an active and befitting role in the 

elimination of nuclear weapons, and to call for the convening of an 

international assembly to enact a treaty for their prohibition. 



Japan must uphold the peaceful ideals of its Constitution, build 

relations of trust with neighboring countries by squarely facing its 

history of aggression, and work for the establishment of a Northeast 

Asian nuclear weapon-free zone that will enable Japan's withdrawal 

from the ''nuclear umbrella.'' Accordingly, the threefold nonnuclear 

principle must be drafted into law. 



We also urge greater levels of care and assistance for all of the 

atomic bomb survivors, both in Japan and abroad. The passage of 56 

years has not at all alleviated the physical and mental anguish of 

the atomic bomb survivors, who are growing increasingly elderly. In 

fact, their anxiety and discomfort are mounting year by year. At the 

same time, the Japanese government must not forget those who suffer 

similarly, despite residing in districts in and around Nagasaki that 

have not been officially designated as being affected by the atomic 

bombing. 



It is heartening that young people in Nagasaki are voluntarily 

devising peace-related programs, and are engaged in various efforts 

and activities. For example, a group of high school students is now 

undertaking a petition drive seeking 10,000 signatures in support of 

the elimination of nuclear weapons, and we are proud to think that a 

new generation of youth is rising up to take action and initiative. 



Also, the city of Nagasaki is creating the Nagasaki Peace Education 

Program, which encourages young people to discuss and learn about the 

atomic bombings, peace, and human rights in a cross-generational 

context. In this way, we are working to develop human resources for 

the active pursuit of peace. 



In November of last year, Nagasaki hosted Japan's first-ever event 

linking local governments and NGOs, the Nagasaki Global Citizens' 

Assembly for the Elimination of Nuclear Weapons. This event confirmed 

our belief that the united action of ordinary citizens can indeed 

move the world. 



Recalling that worldwide grassroots activities brought about a treaty 

for the international prohibition of antipersonnel land mines, we 

shall further strengthen our links with NGOs and municipalities 

around the globe, standing at the forefront of efforts to abolish 

nuclear weapons. 



Nagasaki must forever remain the last place ever to have suffered 

nuclear attack. We, the citizens of Nagasaki, hereby pledge to exert 

every possible effort to ensure that the 21st century is an age of 

peace, free from nuclear weapons, and from war itself. 

-----------------



Newcastle company plays down radiation scare



9 August - Australian Broadcasting Corporation - A Newcastle scrap 

metal company says reports of a radiation scare at its  Hexham 

operation have been exaggerated. 



An exclusion zone of several metres is still in place around the 

offending metal.  



But a spokesman for Metal Corp Recyclers says the amount of radiation 

being emitted is equivalent to about half that caused by a chest X-

ray.   



Earlier today, two officers from the Environment Protection Authority 

who are radiation experts were brought to Newcastle from Sydney to  

investigate after the alarm was raised.  



The company says it is unsure exactly what the metal is but it could 

be some type of guage.

-----------------



Perma-Fix Opens Radioactive/Hazardous Treatment Facility in Oak 

Ridge; U.S. Department of Energy Begins Waste Shipments



OAK RIDGE, Tenn.--(BUSINESS WIRE)--Aug. 9, 2001--Perma-Fix  

Environmental Services, Inc. (Nasdaq:PESI): 



--  Radioactive/Hazardous Waste Market is Est at $7.0 Billion 



--  Facility Uses Proprietary Treatment Technology 



--  Perma-Fix Treatment Process Addresses Leading Energy and 

Environmental Issue for Treatment of Radioactive/Hazardous Waste 

Safely 



Perma-Fix Environmental Services, Inc. (Nasdaq:PESI) (Germany:PES.BE) 

announced today that it has opened and began accepting radioactive 

and hazardous waste ("mixed waste") at its recently purchased 

treatment facility in Oak Ridge, Tennessee. 



Perma-Fix has three subcontracts from the DOE and other federal 

agencies amounting to more than $100 million for the treatment of 

mixed waste stored at Oak Ridge, as well as wastes shipped in from 40 

other governmental sites. Bechtel-Jacobs Company, LLC, DOE's site 

manager, awarded the facility these subcontracts to treat DOE mixed 

waste in 1998, which cover treatment of millions of cubic feet of 

legacy, operational and remediation nuclear waste, both solids and 

liquids. The cost of treating the mixed waste already produced in the 

U.S. is estimated at approximately $7.0 billion. 



The 125,000 square-foot facility, located on the grounds of the Oak 

Ridge K-25 weapons facility of the Department of Energy ("DOE"), uses 

Perma-Fix's proprietary technology to process radioactive and 

hazardous materials without using incineration, greatly reducing the 

impact on the environment. Output from the plant consists of 

encapsulated radioactive waste ready for long-term safe disposal. 

Besides servicing DOE contracts, the facility will be able to treat 

other governmental, institutional and commercially generated mixed 

waste now held in storage nationwide. 



Dr. Louis F. Centofanti, President of Perma-Fix, said, "This new 

facility takes the treatment of mixed waste to a new level, making 

Perma-Fix one of the leaders in this market. The nation has been 

struggling with the problem of nuclear/hazardous waste for years and 

its solution is important to the expansion of the nuclear power 

industry and to President Bush's energy program. Perma-Fix plans to 

be part of that solution. We believe that the Oak Ridge facility will 

demonstrate that the government and private industry can dispose of 

nuclear/hazardous waste effectively in an environmentally friendly 

process." 



Dr. Centofanti explained, "Perma-Fix's proprietary processes extracts 

and destroy hazardous chemicals from nuclear waste in an enclosed 

system which greatly reduces the risk of air pollutants, as compared 

to thermal incineration or vitrification treatment processes. The 

radioactive residue can then be disposed of safely in designated 

landfills without leakage. This is one of only a few facilities in 

the country that operates under both a hazardous waste permit and a 

nuclear materials license, enabling it to treat the most difficult 

waste streams. Our proprietary processes, licensed facilities, 

technical know-how and management expertise give us a competitive 

advantage in solving this important problem. In addition, we have 

assembled an extraordinary management team at the facility consisting 

of chemists, radiation specialists and engineers." 



The Oak Ridge site was built between 1943-1946 as part of the secret 

Manhattan project to develop an atomic bomb. Uranium was enriched at 

Oak Ridge for use in the first atomic bombs and later for use in 

nuclear power reactors. As a result, it contains one of the nation's 

largest single stockpiles of nuclear waste, including large amounts 

of waste from various technologies used in enriching uranium. 



Perma-Fix Environmental Services, Inc. is a national environmental 

services company, providing unique mixed waste and industrial waste 

management services. The industrial services segment provides 

hazardous and nonhazardous waste treatment services for a diverse 

group of customers including Fortune 500 Companies, numerous federal, 

state and local agencies and thousands of smaller clients. The 

nuclear services segment provides radioactive and mixed waste 

treatment services to hospitals, research laboratories and 

institutions, numerous federal agencies including the Department of 

Energy and Defense and nuclear utilities. The Company operates ten 

major waste treatment facilities across the country.



------------------------------------------------------------------------

Sandy Perle					Tel:(714) 545-0100 / (800) 548-5100   				    	

Director, Technical				Extension 2306 				     	

ICN Worldwide Dosimetry Service		Fax:(714) 668-3149 	                   		    

ICN Pharmaceuticals, Inc.			E-Mail: sandyfl@earthlink.net 				                           

ICN Plaza, 3300 Hyland Avenue  		E-Mail: sperle@icnpharm.com          	          

Costa Mesa, CA 92626                    



Personal Website: http://www.geocities.com/scperle

ICN Worldwide Dosimetry Website: http://www.dosimetry.com



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