Stock Under $10 with 50-100% upside potential - 14 Days FREE!

Southern California Edison Submits Operational Assessment Requested By NRC

Stock quotes in this article: EIX 

A new technical evaluation of San Onofre Nuclear Generating Station Unit 2 demonstrates that the Unit 2 steam generators could be operated safely at 100 percent power and reinforces Southern California Edison’s (SCE) more conservative plan to begin operating Unit 2 at 70 percent power for five months.

SCE submitted the operational assessment of potential Unit 2 steam generator tube wear to the Nuclear Regulatory Commission in response to NRC questions. The new evaluation determined Unit 2 could operate at full power for 11 months with full tube integrity. The assessment was performed by Intertek APTECH of Sunnyvale, CA, and supplements Intertek’s earlier assessment of Unit 2 operation at 70 percent power. Intertek performs operational assessments relating to steam generators for many nuclear power plants around the U.S.

“This evaluation confirms the structural integrity of the Unit 2 steam generators at 100 percent power, as requested by the NRC,” said Pete Dietrich, SCE senior vice president and chief nuclear officer. “While we have no intent to restart Unit 2 at full power, this demonstrates the amount of safety margin we have built into our analyses. We welcome this additional safety analysis but remain steadfast in our commitment to restart Unit 2 at only 70 percent power.”

SCE has proposed the reduced power operating level to prevent the conditions that caused premature tube wear in San Onofre Unit 3 and indications of wear in Unit 2.

The San Onofre nuclear plant is the largest source of baseload generation and voltage support in the region and is a critical asset in meeting California’s summer electricity and clean energy needs. Both units at San Onofre are currently safely shut down. Unit 2 remains shut down since it was taken out of service Jan. 9, 2012, for a planned outage. Unit 3 was safely taken offline Jan. 31, 2012, after station operators detected a leak in a steam generator tube.

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
TRY IT FREE

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
Dividend Stock Advisor
TRY IT FREE
New! $49.95/yr

Jim Cramer's protege, 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
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Stocks Under $10
TRY IT FREE

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

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Real Money
TRY IT FREE

24/7 market commentary from Jim Cramer and 20+ veteran Wall Street gurus. Get access to the latest trading ideas on stocks, options, and ETFs as well as a real-time forum to see the pros exchanging their investment ideas.

Product Features:
  • Jim Cramer + 20 Wall Street pros
  • Intraday commentary & news
  • Real-time trading forum
  • Actionable trade ideas
Real Money Pro
TRY IT FREE

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass + 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
TRY IT FREE

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

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
DOW 15,291.08 -3.42 -0.02%
NASDAQ 3,457.89 -1.53 -0.04%
S&P 500 1,649.50 -1.01 -0.06%
US 10 Yr 2.011% -0.012

Brokerage Partners

Advertising Partners
Special Features

Free Newsletters from TheStreet

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

We respect your privacy. Manage Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs