Wednesday, April 18, 2012

Officials to reveal plans for Missouri nuclear reactor today

Thursday, April 19, 2012
By CHRIS BLANK ~ The Associated Press

JEFFERSON CITY, Mo. -- Missouri Gov. Jay Nixon and energy officials are
to announce plans today that could include the development of another
nuclear reactor in the state.

The Democratic governor's office called the plans significant for energy
development and economic growth in Missouri. Nixon and officials from
Ameren Missouri and Westinghouse Electric are scheduled to make the
formal announcement this afternoon at the Missouri Governor's Mansion in
Jefferson City.

A Nixon spokesman declined to provide further details Wednesday before the planned announcement.

The state's lone existing nuclear power plant is about 25 miles
northeast of the state Capitol in Callaway County and is operated by St.
Louis-based Ameren Missouri. Officials twice in recent years have
attempted to clear the way for construction of an additional nuclear
power plant, but those efforts have bogged down in the state
legislature.

State lawmakers in 2009 considered a measure that would have let
utilities seek state regulators' permission to include the financing
costs for certain types of new power plants in consumer bills before the
plant is operational. Last year, legislators considered a proposal to
allow power companies to seek permission from the Public Service
Commission to charge customers for the cost of getting an early site
permit from federal regulators for a possible second nuclear power
plant.

A state law approved by voters in 1976 bars utilities from charging
customers for the costs of a new power plant before it starts producing
electricity. Power companies and other supporters of the state
legislation have argued changes are needed to move toward possibly
expanding nuclear power in Missouri. But those efforts have faced
opposition amid concerns from consumers and industrial energy users
about protections for electric ratepayers.

In November 2010, Nixon endorsed the idea of allowing utilities to
charge customers for the costs of obtaining an early site permit. At
that time, a coalition of utilities that included Ameren Missouri,
Empire District Electric, Kansas City Power & Light, electric
cooperatives and municipal utilities announced they were considering
seeking an early site permit for a second nuclear plant.

Nixon said building a second nuclear plant would create thousands of
jobs in Missouri and that the idea included consumer protections.
Last month, Westinghouse Electric said it would apply to the U.S.
Department of Energy for up to $452 million worth of investment funds
that have been approved by Congress to assist the development and use of
small modular reactor technology. The company announced it would apply
for the federal funds with a group of utilities.

http://www.semissourian.com/story/1838996.html

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