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NRC close to vote on new Westinghouse nuke reactor
Friday May 14, 7:43 pm Eastern Time
NRC close to vote on new Westinghouse nuke reactor
WASHINGTON, May 14 (Reuters) - Westinghouse Electric Co.'s
design for a new nuclear reactor moved a step closer on Friday to
final approval by the U.S. Nuclear Regulatory Commission.
The company's AP600 nuclear power reactor would capable of
producing 600 megawatts of electricity and is designed to have a
60-year operating life.
The NRC said it wanted public comment on certifying the plant's
design for a 15-year period under the agency's new licensing
process. NRC staff approved the plant's design last September and
full commission approval is the last hurdle the reactor must clear.
The Westinghouse reactor's design relies on natural forces such as
convection and gravity flow of emergency cooling water. This
reduces reliance on pumps, valves and emergency generators that
ensure the safety of today's plants. Because of its simplicity, the
mid-size reactor could be built faster than existing plants, usually
within three to four years.
The reactor would be smaller, cheaper and less complicated than
existing plants, according to the Nuclear Industry Institute, a trade
group.
Last year, a joint venture between Morrison Knudsen Corp.
(NYSE:MK - news) and state-owned British Nuclear Fuels Ltd.
agreed to buy the Westinghouse nuclear business unit from CBS
Corp. (NYSE:CBS - news) for $1.2 billion, renaming it
Westinghouse Electric Co.
In addition to submitting comments on Westinghouse's application,
interested parties may also request an informal NRC hearing on the
reactor's design.
Both comments and hearing requests are due within 75 days after
the NRC's proposed certification of the plant is published in the
Federal Register next week.
Westinghouse's application has been pending at the NRC since
1992.
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Sandy Perle
E-Mail: sandyfl@earthlink.net
Personal Website: http://www.geocities.com/capecanaveral/1205
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