NuStart
Entergy took a leading role in persuading other nuclear utilities to join
together and form NuStart
Energy Development LLC to obtain the first Construction and Operating
License (COL) for a new nuclear reactor in 30 years. The consortium, NuStart
Energy Development LLC, has a single objective – to get the nation’s first COL.
But even with 50-50 cost-sharing by the Department of Energy through its
Nuclear Power 2010 Program to encourage new reactors, it will be 2008 before
NuStart can finish the engineering to complete an application for a COL. The
Nuclear Regulatory Commission expects to need until 2010 to review and approve
the first license. NuStart’s two new licenses could be taken over by a member
company and used to build the nation’s first new reactors.
Since NuStart was formed in 2004, six individual utilities have announced they
also plan to apply for as many as 10 licenses to build new units. NuStart has
selected Entergy’s Grand Gulf Nuclear Station at Port Gibson, Miss., for its
application for a COL using General Electric’s Economic Simplified Boiling
Water Reactor design. In addition, Entergy has also publicly committed to
preparing an application for a COL for the same GE design reactor at its River
Bend Station near St. Francisville, La. Doing both COL applications
simultaneously will save 50 percent of the cost and give Entergy a choice of
two sites if and when it decides to build in 2010.
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