Category — Nuclear Energy

On October 9, 2010, Constellation Energy Group (“Constellation”) issued a press release regarding the status of their loan guarantee application in connection with their UniStar Nuclear Energy Calvert Cliffs 3 project.  Constellation stated they wrote to the Department of Energy (“DOE”) and informed DOE that Constellation would not move forward due to “unworkable” proposed terms and conditions of the loan guarantee. [Read more →]

On Friday January 29, 2010, Energy Secretary Steven Chu revealed the members of the Blue Ribbon Commission on America’s Nuclear Future.  The Blue Ribbon Commission has the task of developing a new national strategy to deal with nuclear waste as an alternative to the Yucca Mountain repository.  Additionally, the Department of Energy (“DOE”) announced that its 2011 budget will significantly increase loan guarantees for nuclear projects.  [Read more →]

On February 17, the Nuclear Regulatory Commission (“NRC”) adopted a final rule requiring applicants for new nuclear plants to assess the design of their reactor to avoid or mitigate the effects of a large commercial airplane crash. [Read more →]