Today's big stories from the nuclear industry:

CNN: POWER POINTS: Cost Concerns Loom Over US Nuclear Revival
’For U.S. utilities gearing up to build new nuclear-power plants, the rewards could be great, but the risks of cost overruns, delays and regulatory battles persist. Expanding the nation's use of nuclear power is seen by many as a key component of any strategy to fight climate change, and utilities are lining up to provide it. The U.S. Nuclear Regulatory Commission has received applications from 14 companies to build and operate new nuclear power plants. Energy Secretary Steven Chu last week told utility executives that nuclear power, along with renewable energy and conservation, will be an important way to meet growing U.S. energy demand while cutting emissions of greenhouse gases. The companies behind these projects, including Southern Co. (SO) and Duke Energy (DUK), are upbeat on their prospects, noting guaranteed long-term returns on investment and increasing acceptance of a need to replace coal-fired power plants and their emissions. History sounds a cautionary note, however. Nuclear-power plants under development in Europe have come under fire for exceeding previously estimated costs, a fate that led developers to abandon several nuclear-power projects during the last U.S. nuclear build-out that ended in the early 1990s.’

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Today's big stories from the nuclear industry:

Globe and Mail: Canada Reactor design puts safety of nuclear plants into question
’Canadian nuclear safety regulators say they have underestimated the seriousness of a design feature at the country's electricity-producing reactors that would cause them to experience dangerous power pulses during a major accident. If reactors are not shut down quickly, their ability to keep radioactivity from escaping would be put to the test, according to an internal commission document. The document says Canada's seven nuclear stations, which all use Candu technology, have a feature known as "positive reactivity feedback," in which their atomic chain reactions automatically speed up if the water pumped into the reactors to cool them leaks, one of the worst accidents possible at a nuclear station. If reactors aren't immediately shut down during this type of incident, positive reactivity leads to a quick snowballing in the pace of nuclear reactions, which in turn could cause potentially damaging overheating. The document was obtained by the anti-nuclear environmental group Greenpeace through a federal Access to Information Act request. Positive reactivity is "the Achilles heel of Candu," said spokesman Shawn-Patrick Stensil, who contended it amounts to a design flaw that puts the safety of the reactors into question.’

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Today's big stories from the nuclear industry:

AFP: Funds to shut nuclear plants fall short
’VERNON, Vt. (AP) - The companies that own almost half the nation's nuclear reactors are not setting aside enough money to dismantle them, and many may sit idle for decades and pose safety and security risks as a result, an Associated Press investigation has found. The shortfalls are caused not by fluctuating appetites for nuclear power but by the stock market and other investments, which have suffered huge losses over the past year and devastated the plants' savings, and by the soaring costs of decommissioning. At 19 nuclear plants, owners have won approval to idle reactors for as long as 60 years, presumably enough time to allow investments to recover and eventually pay for dismantling the plants and removing radioactive material. But mothballing nuclear reactors or shutting them down inadequately presents the most severe of risks. Radioactive waste could leak from abandoned plants into ground water or released into the air, and spent nuclear fuel rods could be stolen by terrorists. During the past two years, estimates of dismantling costs have soared by more than $4.6 billion because rising energy and labor costs, while the investment funds that are supposed to pay for shutting plants down have lost $4.4 billion in the battered stock market.’

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Today's big stories from the nuclear industry:

Bloomberg: Gulf’s Push for Nuclear Experts May Delay U.K. Plans
June 15 (Bloomberg) -- U.K. utilities risk falling behind with plans to build nuclear power plants because Middle East nations may use higher salaries to lure skilled workers, reactor builder Westinghouse Electric Co. said. “These nations have no legacy program to use as a source for nuclear expertise,” said Adrian Bull, U.K. stakeholder relations manager at Westinghouse, a unit of Japan’s Toshiba Corp. “If you have literally nothing to go on, you have to be the Chelsea or Real Madrid and buy in the people from elsewhere.” Oil-producing nations including the United Arab Emirates and Kuwait plan nuclear plants to meet growing energy demand at home while exporting fuel abroad. The U.A.E. plans to select companies to develop an atomic power program by the end of this year and has a 2017 target date for completing its first reactor, the same year Electricite de France SA plans to start a new British nuclear plant.

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Today's big stories from the nuclear industry:

AFP: EPA to rebuild uranium-contaminated Navajo homes
’FLAGSTAFF, Ariz. (AP) - The federal government plans to spend up to $3 million a year to demolish and rebuild uranium-contaminated structures across the Navajo Nation, where Cold War-era mining of the radioactive substance left a legacy of disease and death. The U.S. Environmental Protection Agency and its Navajo counterpart are focusing on homes, sheds and other buildings within a half-mile to a mile from a significant mine or waste pile. They plan to assess 500 structures over five years and rebuild those that are too badly contaminated. "These families, with the resources they have, they would not be able to put up a new home for themselves," said Lillie Lane, a spokeswoman for the Navajo Nation Environmental Protection
Agency. "We don't know how radiation in the home affected these families, but in the end people will be living in safe homes." Between the 1940s and the 1980s, millions of tons of uranium ore were mined from the 27,000 square-mile reservation that spans Arizona, New Mexico and Utah. Many Navajos, unaware of the dangers of contamination, built their homes with chunks of uranium ore and mill tailings.’

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Today's big stories from the nuclear industry:

Guardian: US nuclear industry tries to hijack Obama's climate change bill
’America's nuclear industry and its supporters in Congress have moved to hijack Barack Obama's agenda for greening the economy by producing a rival plan to build 100 new reactors in 20 years, and staking a claim for the money to come from a proposed clean energy development bank. Republicans in the House of Representatives produced a spoiler version of the Democrats' climate change bill this week, calling for a doubling of the number of nuclear reactors in the US by 2030. The 152-page Republican bill contains just one reference to climate change, and proposes easing controls for new nuclear plants. In the Senate, Republican leaders, including the former presidential candidate John McCain, also called this week for loan guarantees for building new reactors to rise from $18.5bn (£11.2bn) to $38bn. Other Republicans have called on the administration to underwrite the $122bn start-up costs of 19 nuclear reactors, whose applications are now under review by the department of energy. If Republican efforts in Congress for a nuclear energy bill and a clean energy bank fail, the US nuclear renaissance is likely to be restricted to new reactors already being built. Jim Riccio, Greenpeace nuclear analyst, said: "The renaissance is on hold or maybe dead on arrival."

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Today's big stories from the nuclear industry:

Today’s Zaman: Turkey's nuclear dreams face uncertain future
’Turkey's long-running dream of having a nuclear power plant is surrounded by uncertainty despite the fact that a recently concluded tender on the construction of the country's first nuclear power plant is about to be finalized. Energy and Natural Resources Minister Taner Yildiz said the final decision on the tender would be made in June, but it seems that incertitude about the matter will not be cleard up easily even if the tender is discussed at a Cabinet meeting. As only one company entered the tender and the price offered is considerably high, the Cabinet will not be able to make an easy decision. Moreover, the global economic crisis has taken its toll on funds that were to be allocated to the nuclear power plant contract.’

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Today's big stories from the nuclear industry:

Nuclear N-Former: Indian reactor shuts down for the third time in three weeks
’The Indian Point nuclear power plant is struggling to keep its reactors running. Plant operators shut down reactor Unit 3 again Sunday night to address more problems on its main boiler feedwater pumps. This is the third time the reactor has been forced offline in three weeks. Officials with Entergy Nuclear, the company that owns and operates Indian Point, said the hitches pose no threat to its workers or the public. "The plant is designed to shut down at the slightest hint that something may not be working optimally," said spokesman Jerry Nappi.’

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Today's big stories from the nuclear industry:

China View: IAEA discovers traces of uranium in Syria
’CAIRO, June 6 (Xinhua) -- The International Atomic Energy Agency (IAEA) said on Friday that it has found traces of processed uranium in a second site in Syrian capital Damascus, Pan-Arab Al-Arabiya TV reported on Saturday. The IAEA is investigating a U.S. intelligence report which claimed that a secret DPRK-designed nuclear reactor that Syria has almost completed for the production of plutonium.’

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Today's big stories from the nuclear industry:

Reuters: Secret Canada nuclear papers left in TV studio
’OTTAWA, June 3 (Reuters) - Senior Canadian officials left a binder full of confidential nuclear documents in a television studio and made no attempt to retrieve them, the TV network involved said on Wednesday. The incident is likely to increase pressure on the minority Conservative government, already under fire for its handling of the economic crisis. The main opposition Liberal Party said on Tuesday it would decide next week whether to try to bring down the Conservatives in Parliament. The binder was found in a CTV television studio after a visit by Natural Resources Minister Lisa Raitt. CTV, which kept the binder for six days before breaking the news, said the documents showed the government would spend far more money on a troubled nuclear reactor than it had acknowledged.’

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