NRC: Exelon 'Deliberately' Misreported Plant Closure Funds
Oyster Creek owner says plant acted 'in good faith'
The Nuclear Regulatory Commission has accused Exelon Corporation, the owner and operator of Oyster Creek Generating Station, of misreporting the status of funds utilized to prepare nuclear power plants for shut down. The investigation, initiated on Sept. 10, 2010, found that a senior Exelon executive and an Exelon manager appeared to have “deliberately” provided incomplete and inaccurate information in decommissioning funding status reports. The decommissioning fund is used to return a site back to pre-facility conditions once the power plant is shut down. “Our regulations require that the funds continue to grow at a rate to ensure there will eventually be sufficient monies to cover the costs of the radiological decommissioning of each …
K H S
2:00 pm on Tuesday, February 5, 2013
Honesty and integrity are basic tenets of the nuclear industry. Your willingness to deliberately violate the basic tenets are just cause for immediate termination. Feel free to bring in the boys from Chicago for their termination. more ›