This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Southern California Edison Responds To NRC Technical Questions

Southern California Edison (SCE) has submitted additional information requested by the Nuclear Regulatory Commission to continue discussion of the steps necessary to restart San Onofre Nuclear Generating Station Unit 2 and to address current compliance with the plant’s technical specifications.

The new information builds on the comprehensive analysis and restart proposal SCE submitted to the NRC in October 2012 in response to an NRC Confirmatory Action Letter (CAL). The submittal also provides information about how SCE anticipates addressing ongoing steam generator analysis and interim measures beyond the operating period proposed in SCE’s response to the CAL. SCE has proposed restarting Unit 2 at 70 percent power for five months to prevent the conditions that caused excessive tube wear in San Onofre’s steam generators.

The NRC has asked 32 detailed questions about the Unit 2 restart plan and is expected to pose more questions, known as Requests for Additional Information (RAIs). On Monday, SCE submitted a response to the NRC’s RAI 32 posed on Dec. 26, 2012, regarding compliance with San Onofre technical specifications requiring the ability to maintain steam generator tube integrity in the full range of normal operating conditions.

“This question and answer process is an important part of safety-based technical solutions in the nuclear industry, and it strengthens our ability to communicate to all stakeholders the safety principles and proven industry operating experience that the Unit 2 restart plan was built upon,” said Pete Dietrich, senior vice president and chief nuclear officer of SCE.

SCE’s independent global experts have already completed several operational assessments for Unit 2. In the RAI 32 response, SCE proposes to supplement those with an additional evaluation by March 15, 2013 to demonstrate that structural integrity can be met for Unit 2 at 100 percent rated thermal power. Even with this supplemental analysis, SCE intends to only operate at 70 percent power for five months before completing another set of thorough inspections.

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
SYM TRADE IT LAST %CHG

Markets

Chart of I:DJI
DOW 16,102.38 -272.38 -1.66%
S&P 500 1,921.22 -29.91 -1.53%
NASDAQ 4,683.9190 -49.5780 -1.05%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs