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FBaggins

(26,735 posts)
Fri Aug 31, 2012, 12:47 PM Aug 2012

Panel of judges at NRC deny French company license to build reactor in Maryland

The Nuclear Regulatory Commission can’t issue a license to a French company to build a new nuclear power plant in Maryland as long as the company is completely foreign owned, a panel of judges ruled Thursday.

....snip...

“The license cannot be granted as long as the current ownership arrangement is in effect,” the judges wrote.

The two current reactors at Calvert Cliffs are operated by Constellation. The ruling gives UniStar 60 days to provide proof of progress toward a partnership with a U.S. company that meets the NRC’s requirements.

“Given the apparent lack of progress in finding potential U.S. partners, the amount of time that has elapsed since applicants became 100 percent foreign owned, and the current economic climate, we are not willing to grant applicants an indefinite amount of time to resolve this deficiency because doing so would be counter to the commission’s policies and regulations,” the judges wrote.

http://www.washingtonpost.com/business/panel-of-nrc-judges-says-french-company-cant-build-nuclear-reactor-in-maryland/2012/08/31/53166558-f320-11e1-b74c-84ed55e0300b_story.html
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