Sep 5, 2013

Nuclear Trashmen Profit From Unprecedented US Reactor Shutdowns #energy

More than 50 years into the age of nuclear energy, one of the biggest growth opportunities may be junking old reactors. Entergy Corp. (ETR) said Aug. 27 it will close its 41-year-old Vermont Yankee nuclear plant in 2014, making the reactor the fifth unit in the U.S. marked for decommissioning within the past 12 months, a record annual total. Companies that specialize in razing nuclear plants and hauling away radioactive waste are poised to benefit. Disposal work is 'where companies are going to make their fortune,' Margaret Harding, an independent nuclear-industry consultant based in Wilmington, North Carolina, said in an phone interview. Contractors that are usually involved in building reactors ... 'are going to be looking very hard at the decommissioning side of it.' [T]he U.S. nuclear fleet of 104 units is shrinking, even as Southern Co. and Scana Corp. build two units each. ... During a reactor decommissioning, the plant operator transfers radioactive fuel rods to cooling pools and, ultimately, to so-called dry casks for storage. Workers clean contaminated surfaces by sandblasting, chemical sprays and hydrolasing, a process that involves high-pressure water blasts, according to King. 'You do get to a point that you need someone to come in that has the equipment and the technology to actually dismantle the components,' she said. 'That typically is hired out.'
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