Tag Archives: electric utility

As went Maine Yankee, so goes San Onofre: another reactor will close

San Onofre 4 will stay down, if opponents can stop the hidden experiment shell game. Maine Yankee was down for about a year, and never started up again.

Front page of the Bangor Daily News 28 May 1997, Maine Yankee plant may be closed down: Owners weigh repair costs, deregulation,

Page 1A Bangor Daily News 28 May 1997

Maine Yankee President Mike Sellman said that spending will be reduced by about 20 percent, or $41 million, from June through December.

“I think every plant that I’m aware of that has made the decision to essentially curtail start-up activities has then gone ahead shut down permanently,” said Sellman.

Maine Yankee has been off line since Dec. 6, 1966. Several repair and improvement projects had been planned so the plant’s operators could seek Nuclear Regulatory Commission approval to restart and return the plant to service.

See also “It has to close because of the pocketbook.” —Kyle Jones on Maine Yankee nuclear power plant.

-jsq

“It has to close because of the pocketbook.” —Kyle Jones on Maine Yankee nuclear power plant

Instead of demonstrating to influence legislators, sometimes it's better to get elected and legislate: that's what Kyle Jones did in Maine, and he closed the Maine Yankee nuke, de-monopolized the state's electrical utilities, and instituted a 30% renewable energy goal. All this was helped by the nuclear industry's own incompetence.

Bangor Daily News, Page A2, 28 May 1997, Maine Yankee plant may be closed down: Owners weigh repair costs, deregulation,

Page 2A Bangor Daily News 28 May 1997 Cracking in the plant's steam generator tubes, which carry the superheated, radioactive water, was first discovered in 1990. In 1994, Main Yankee officials predicted that the plant's problems were over after they plugged more than 300 of the cracked tubes. However, testing of the tubes during a shutdown for refueling in 1995 revealed as many as 10,000 additional cracked tubes.

Sounds a lot like San Onofre.

At the time, it was estimated that permanently shutting down the plant would cost at least $316 million while, after 23 years of operation, Maine Yankee had collected only $100 million to pay for its decommissioning. The most recent estimate for decommissioning is $369 million, of which only $169 million has been raised as of this month.

Facing the accumulation of these engineering and operational difficulties, the owners of the plant signaled a departure from business-as-usual and, earlier this year, brought in the New Orleans-based Entergy Corp. to provide management services at Maine Yankee.

Oh, my! The same Entergy that's now likely to close Vermont Yankee. And Vermont Yankee wasn’t the first to follow this financial path to closure:

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