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CPS board postpones decision on executives
CPS Energy trustees took no action Wednesday morning after deliberating for nearly 11 hours over the fate of several top executives connected to a nuclear cost estimate — much higher than expected — that was kept from the utility's board and the City Council.
The board came out of executive session shortly before 1 a.m. to announce that it would continue deliberation Monday.
“The seriousness of this issue warrants that this board takes care, takes caution,” Chairwoman Aurora Geis told the sparse crowd that waited. “People's lives are at stake.”
Tuesday's meeting was a continuation of Monday's nearly five-hour session, during which the board heard results of an internal investigation into how contractor Toshiba Inc.'s high cost estimate for the multibillion-dollar nuclear expansion was kept under wraps.
Your Turn – CPS heads must roll
I'm not surprised about this new turn of events but I am stunned that your staff accepted interim GM Steve Bartley's statement that he didn't know about the omission. How could henot know?
Ask Bartley what he'd do to any employee who: 1. told him he didn't know about a major element of their business, or 2. flat out lied to him? He would fire him on the spot.
What CPS management did was out and out fraud. They lied to us on their application for a rate hike. Treat them the same way any bank would treat an application for a home loan if the financial information was fraudulent. Turn down the application and call the authorities to investigate.
We should do the same. City Council would not tolerate any citizen coming before them and lying to their faces, or are they going to condone lying? Hopefully there are not two sets of rules — one for ordinary citizens and one for big shot citizens/companies.
CPS knew of higher STP cost year ago
CPS Energy knew a year ago that contractor Toshiba Inc. wanted at least $4 billion more than San Antonio was willing to pay for the nuclear expansion, according to several sources close to the deal.
Despite this, utility officials used a much lower figure as they pitched the project at public meetings during the summer, arguing that nuclear was the most cost-effective way for San Antonio to meet its future energy needs.
They took the same message to elected officials who were to vote on a $400 million bond issue and rate increases to finance the multibillion-dollar expansion of the South Texas Project near Bay City.
The response of City Council members and CPS Energy trustees to the 2008 estimate was muted Saturday. “Nothing can surprise me anymore,” Councilwoman Elisa Chan said.
But several officials said the revelation only deepens their mistrust of the city-owned utility's leadership.
“It concerns me greatly that neither the council nor the board was informed,” said Mayor Julián Castro, who acknowledged he, too, recently learned of the existence of the 2008 high estimate.
Security of nuclear power plants in the age of terrorism - Nov. 12, 2009
The government says nuclear power is safe, but others say an airplane hit or frontal assault would be big trouble.
BAY CITY, Texas (CNNMoney.com) -- At a nuclear power plant in Texas, two men dressed in combat gear are perched atop a steel-framed watchtower armed with assault rifles, firing on both moving and stationary targets some 300 yards away.
This is only a drill, but the threat they're preparing for is very real. It's one of the worst disaster scenarios imaginable: Terrorists infiltrate a nuclear power plant and cause a meltdown.
Green energy plan should be alternative to nuclear
CPS Energy has made two critical errors in their dealings on the South Texas Project (STP) nuclear plant: assuming that nuclear energy will be cheap and that the cost of alternatives is too high.
This month, just two days before the San Antonio City Council was to vote to approve $400 million in bonds to move forward with the STP expansion, CPS announced that the cost estimate for the project had risen as much as $4 billion. That brought the cost of expanding the nuclear power plant to $17 billion — a $12 billion increase from NRG Energy's original estimate just last year of $5.4 billion.
Cheaper and safer ways exist to meet the city's need for power. With the bond vote now pushed back until January, the City Council should take the time to get bids on alternative energy scenarios for San Antonio's new electric generation. This input would present the council with the most cost-effective, least risky, most environmentally sustainable plan possible.
CPS Energy sends team to Japan to negotiate cut in nuclear power costs - San Antonio Business Journal:
CPS Energy CEO Milton Lee and Interim General Manager Steve Bartley are heading to Japan on Tuesday to square off behind closed door meetings with Toshiba Corp. officials to discuss why the cost projection on two new nuclear reactors are higher than expected.
Toshiba Power Systems is the lead contractor for the proposed expansion of the South Texas Project nuclear power plant in Matagorda County, Texas. There have been reports indicating that the price tag could be as much as $4 billion higher than originally projected. CPS Energy’s partner in the South Texas Project expansion, NRG Energy, will also be involved with discussions. CPS Energy will press the Japanese for a pricing structure on the two new reactors that is more affordable than the current cost projection. CPS Energy wants the cost of the nuclear reactors to have no more than a 5 percent impact on customer bills, Bartley says.
Independent citizens panel needed for nuclear dilemma
Last week's revelation that the proposed STP nuclear expansion may cost $4 billion (31 percent) more than expected, is a blessing and an opportunity for San Antonio.
Courageous leadership is now needed, especially in light of the apparent attempt by CPS Energy management to hide this information before a council vote.
If this news had not been discovered, ratepayers would have been saddled with $400 million more for nuclear paperwork, setting a path for billions more in uncontrolled spending.
Warning about CPS debt, bond-rater Moody's dropped CPS' outlook from “stable” to “negative,” and noted council must be readily willing to raise electric rates.
How high will rates go? The cost overruns imply nuclear costs of 13-15 cents/kWh — much higher than projected.
What to do now? A completely fresh start is needed.
Public Citizen - As Thursday Vote Looms on Two New Reactors, Popular Opposition May Make Selling Nuclear Power More Difficult
As a Thursday vote on two new nuclear reactors looms, cities around the state that purchase power from San Antonio’s municipal utility, City Public Services (CPS), are balking at the prospect of buying pricey nuclear power from the reactors.
Three problems exist with the planned expansion at the South Texas Nuclear Project (STP) facility. First, nuclear power creates dangerous radioactive waste that no one has figured out how to dispose of safely.
Second, nuclear power is expensive – the nuclear industry requires taxpayer subsidies to prop it up. Third, no one knows for certain just how much the construction of the two reactors will cost ratepayers.
Cost could mar STP nuclear deal
Two troubling issues emerged from news that the cost estimate for the proposed expansion of nuclear generation at the South Texas Project has suddenly gone up by as much as $4 billion. That's a 30 percent increase, and CPS Energy won't have a fixed-price contract for the two new reactors until at least 2012.
Toshiba Corp., the main contractor for the expansion, may merely have thrown out the inflated cost as a negotiating tactic. That's what CPS Energy interim general manager Steve Bartley suggests it is.
Another explanation could be that Toshiba is weak in producing estimates, with the initial figures being too low or the current ones being too high.
San Antonio Clean Tech Nuclear Forum September 16, 2009 Part 1 on Vimeo
Mayor Julian Castro City of San Antonio,Steve Bartley Interim General Manager, CPS Energy,Craig Severance, CPA Author, Business Risks & Costs of New Nuclear Power,Dr. Patrick Moore Co-Chair, Clean and Safe Energy Coalition, Dr. Arjun Makhijani President, Institute for Energy & Environmental Research
At the San Antonio Clean Tech Forum noted pundits square off and discuss the San Antonio's involvement in the proposed expansion of the South Texas Nuclear project.
Dr. Arjun Makhijani September 16 interview on Vimeo
Interview with Dr. Arjun Makhijani at the San Antonio Clean tech forum
on the risks associated with the planned expansion of STP 3 & 4 and the alternatives that should be considered.
FR: NRC: FONSI WCS Tx EA dump
Issuance of Environmental Assessment and Final Finding of No Significant Impact for Modification of Exemption From Certain NRC Licensing Requirements for Special Nuclear Material for Waste Control Specialists, LLC, Andrews County, TX AGENCY: Nuclear Regulatory Commission. ACTION: Environmental Assessment and Final Finding of No Significant Impact. ----------------------------------------------------------------------- SUMMARY: The U.S. Nuclear Regulatory Commission (NRC) has prepared an Environmental Assessment for the issuance of an Order under Section 274(f) of the Atomic Energy Act that would modify an Order issued to Waste Control Specialists, LLC (WCS) on November 5, 2004. In accordance with 10 CFR 51.33, the NRC prepared a draft Finding of No Significant Impact (FONSI) for public review and comment that was issued on July 9, 2009 (74 FR 34983). The public comment period closed on August 10, 2009. NRC received comments from one resident of Texas. The current action is in response to a request by WCS dated December 10, 2007. The November 5, 2004 Order was published in the Federal Register on November 12, 2004 (69 FR 65468). The November 5, 2004 Order, which modified an initial Order issued to WCS on November 21, 2001, exempted WCS from certain NRC regulations and permitted WCS, under specified conditions, to possess waste containing special nuclear material (SNM), in greater quantities than specified in 10 CFR Part 150, at WCS's facility located in Andrews County, Texas, without obtaining an NRC license pursuant to 10 CFR part 70.
CPS votes to lower share in nuclear plant
CPS Energy's board unanimously agreed Tuesday to look for buyers for about half the utility's stake in the expansion of the nuclear South Texas Project, while borrowing $400 million more to continue plans to build the new reactors.
The change in strategy means the utility, which owns half of the project estimated to cost $13 billion, will cut its ownership to 20 percent to 25 percent. Now CPS must find buyers for the portion it wants to sell.
SA Current - Nuke’m High: CPS Board votes 5-0 for nuclear power
Board Chair Aurora Gies opened the special meeting of CPS Energy’s Board of Trustees in a bunker in the bowels in the Alamodome with a defense of the utility’s clean-energy pursuits. “We don’t want to compromise our pursuit of other technologies,” Geis said. “We want to be able to support these technologies as they mature in the future.”
While her insistence that nuclear expansion will in no way limit the city’s ability to aggressively pursue cleaner options has become an expected soundbite over the past months, today’s — offered moments before a unanimous vote to devote itself to nuclear power expansion — was especially anemic.
The Hawk Eye: Pantex plant site waiting for same status as IAAP
Many former atomic energy workers in southeast Iowa practically have to beg for compensation under the federal program specifically designed for them.
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They go months without a response from the Department of Labor that oversees the program, and yet are expected to get their replies sent back in record time. Some letters simply go unanswered by the district offices.
Then, they often wait years before finally being denied redress for protecting the country during the Cold War.
And the former workers in Amarillo, Texas, at the Pantex site would love to have it that easy.
"Why can't cumulative information be used to benefit other workers," said Sarah Ray, who is one of three people applying for a special exposure cohort for Pantex. "I don't get the feeling that they are truly creating a usable database. I think they're missing the boat."
CPS postpones vote on nuclear expansion
A vote on the plan to reduce San Antonio's share in the nuclear project will be postponed at least a week.
CPS Energy's board had been expected to vote Monday on a proposal pushed by Mayor Julián Castro to decrease its stake in the expansion of the nuclear South Texas Project to 20 percent to 25 percent, meaning it would have to sell about of half its current ownership.
But any public discussion and decision on nuclear by the utility's board has been postponed tentatively until Oct. 13.
“This decision is much too important to rush,” Castro said via e-mail. “By moving board consideration back a week, we will give the CPS board, the City Council and, most importantly, the public additional time to hear from CPS Energy on this critical issue.”
The delay comes a day after Castro halted a closed-door meeting between the City Council and CPS Energy to discuss nuclear because of a challenge from the San Antonio Express-News.
SA Current - Express-News rejects: the Current’s new fall line
[Local clean-energy activist Margaret Day says the following column was rejected by Express-News Editorial Page Editor Bruce Davidson because it insinuates NRG Energy's Executive VP of Nuclear Development, Mr. Steve Winn, "is a liar." Express-News Ombudsman Bob Richter said Davidson turned it down because he “had other, better anti-nuclear commentaries” and felt Day “misstated Winn’s reasoning.” Whatever. We got a kick out of it. Which is why we at the second most comprehensive source on all things nuclear wanted to give it a public airing.
SA Current: Atomic Numbers
Most Texas homes weren’t built as if energy mattered. Despite 100-degree summer days, our roofs are still covered in heat-absorbing black-tar shingles. Cheap insulation in the attic, leaky doors, and single-paned windows mean when the air conditioner runs, it runs loads of cooled air right out the house.
San Antonio’s CPS Energy plans to spend $850 million to eliminate 771 megawatts of wasteful energy consumption through weatherization programs and rebates to help residential and commercial customers replace lights and appliances, and hoist solar panels onto their roofs by 2020. To do that will cost roughly $1,100 per saved kilowatt, according to the utility.
However, 80 miles to the northeast, municipally owned Austin Energy has already cut 800 megawatts through energy efficiency over the last 20 years at a cost of roughly $350 per kilowatt, said Scott Jarman, consulting engineer with Austin Energy’s efficiency program. But after 20 years of efficiency work, the savings are increasingly hard to find, and accordingly, more costly.
SA Current: Risky Business: Part Two In a Series: What CPS won't tell you about nuclear power
The banquet room inside the city’s lavishly refurbished Pearl Brewery is filled with solar advocates, coal-power people, city decision makers and bureaucrats, geothermal enthusiasts, and a table of Express-News staffers. They dine on salmon and judge in quiet gestures the performance of the panel at the front of the room.
As a tense but generally amenable exchange between the nuclear-energy proponents and the renewable-power disciples winds down, Matagorda County resident Susan Dancer steps from the shadows at the back of the room to steer the conversation, briefly, into dangerous waters. In a rapid-fire indictment of the entire course of the debate, Dancer drops the controversial “C” word.
But cancer isn’t on the menu at today’s forum. In fact, the talk is almost entirely of money. For more than a year, the city has been drifting, in multi-million-dollar installments, into a second helping of nuclear power from the South Texas Project nuclear facility outside Bay City.
Yankee Waste Disposal Site Approved in TX - WCAX.COM Local Vermont News, Weather and Sports-
t appears Vermont Yankee is getting an out-of-state site to store its low-level nuclear waste.
The nuclear power plant has been storing its low-level waste at the Vernon reactor since its long-time disposal site in South Carolina closed last year. But now a facility owned by Waste Control Specialists LLC in Andrews County, TX, has won final approval from regulators to build a disposal site. Construction documents still need approval and then the site will take about a year to build. Yankee's owner, Entergy Nuclear, says once the Texas site is built disposal costs will shrink.
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