At its Sept. 11, 2014 Public Meeting, the Commission adopted for public comment the proposed 2015 Technical Reference Manual (TRM). Comments are due within 30 days of the entry date of the Tentative Order. Reply comments are due within 40 days of the entry date of the Tentative Order. These documents, as well as a redlined version of the manual, will be posted to the Technical Reference Manual page of the Commission’s website in the near future. I have also included below links to the documents. I should note that we are having technical difficulties making Appendix D, the Motor and Variable Frequency Drive Tool, publicly available. We hope to have this resolved soon. I will notify you when it is available. I apologize for the delay.
2015 TRM Tentative Order
Please contact me with any questions.
Megan G. Good
PA Public Utility Commission
Bureau of Technical Utility Services
Policy & Planning
Exelon Given “BBB+” Credit Rating by Morningstar (EXC)
September 9th, 2014 - 0 comments - Filed Under - by Nicole Kennedy
Exelon (NYSE:EXC) has earned a “BBB+” credit ratinghttp://images.intellitxt.com/ast/adTypes/icon1.png from Morningstar. The agency’s “BBB+” rating indicates that the company is a moderate default risk. They also issued a positive credit outlook for the company and gave their stock a four star rating.
A number of other analystshttp://images.intellitxt.com/ast/adTypes/icon1.png have also recently weighed in on EXC. Analysts at SunTrust raised their price target on shares of Exelon from $33.00 to $34.00 in a research note on Tuesday, August 26th. Separately, analysts at Tigress Financial initiated coverage on shares of Exelon in a research note on Friday, August 8th. They set a “neutral” rating on the stock. Four investment analysts have rated the stock with a sell rating, seven have assigned a hold rating and seven have assigned a buy rating to the stock. Exelon currently has an average rating of “Hold” and a consensus price target of $32.35.
Exelon (NYSE:EXC) opened at 33.44 on Tuesday. Exelon has a 52-week low of $26.45 and a 52-week high of $37.73. The stock’s 50-day moving average is $32.11 and its 200-day moving average is $33.69. The companyhttp://images.intellitxt.com/ast/adTypes/icon1.png has a market cap of $28.732 billion and a P/E ratio of 15.81. Exelon also was the target of a large decline in short interest in the month of August. As of August 15th, there was short interest totalling 82,565,730 shares, a decline of 3.5% from the July 31st total of 85,541,227 shares. Currently, 9.0% of the company’s shares are short sold. Based on an average trading volume of 6,670,687 shares, the short-interest ratio is presently 12.4 days.
Exelon (NYSE:EXC) last posted its quarterly earnings results on Thursday, July 31st. The company reported $0.51 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.51. The company had revenue of $6.02 billion for the quarter, compared to the consensus estimate of $5.64 billion. During the same quarter in the previous year, the company posted $0.53 earnings per share. The company’s revenue for the quarter was down 1.9% on a year-over-year basis. Analysts expect that Exelon will post $2.38 EPS for the current fiscal year.
The company also recently announced a quarterly dividend, which is scheduled for Wednesday, September 10th. Shareholders of record on Friday, August 15th will be paid a dividend of $0.31 per share. This represents a $1.24 annualized dividend and a dividend yield of 3.71%. The ex-dividend date is Wednesday, August 13th.
No: 14-054 August 25, 2014
CONTACT: Scott Burnell, 301-415-8200
NRC Approves Power Uprate For Peach Bottom Atomic Power Station
The Nuclear Regulatory Commission has approved a request by Exelon Generation Co. to increase the generating capacity of Peach Bottom Atomic Power Station, Units 2 and 3, by 12.4 percent each.
The NRC staff determined Exelon could safely increase the reactors’ output primarily by upgrading certain plant systems and components. NRC staff also reviewed Exelon’s evaluations showing the plant’s design can handle the increased power level.
The NRC’s safety evaluation of the plant’s proposed power uprate focused on several areas, such as the nuclear steam supply systems, instrumentation and control systems, electrical systems, accident evaluations, radiological consequences, operations and training, testing, and technical specification changes. For added confidence in the analysis, the NRC staff also conducted independent confirmatory calculations and audits of selected areas.
The power uprate authorizes Peach Bottom, located approximately 18 miles south of Lancaster, Pa., to increase each boiling water reactor’s generating capacity by approximately 140 megawatts electric. Exelon plans to implement Unit 2’s uprate during the fall 2014 refueling outage and Unit 3’s uprate during the fall 2015 refueling outage.
The NRC published a notice about the power uprate application in the Federal Register on April 9, 2013. The agency’s evaluation of the Peach Bottom uprate will be available through the NRC’s ADAMS electronic document database by entering Accession Number ML14133A046.
BEFORE THE PENNSYLVANIA ENVIRONMENTAL HEARING BOARD
ERIC JOSEPH EPSTEIN, Pro se :
Appellant : EHB DOCKET NO. _______
COMMONWEALTH OF PENNSYLVANIA, :
DEPARTMENT OF ENVIRONMENTAL :
PROTECTION; EXELON GENERATION :
CORPORATION, LLC; EXELON :
CORPORATION AND PSEG NUCLEAR, LLC :
NOTICE OF APPEAL
AND NOW, comes Appellant Eric Joseph Epstein, Pro se , (“Appellant,” “Epstein,” or “Mr. Epstein,”) in this matter, and sets forth the following Notice of Appeal from the Pennsylvania Department of Environmental Protection’s Approval of Water Quality Certification under Section 401 of the Federal Clean Water Act for the Extended Power Uprate for Exelon Generation Company, LLC’s Peach Bottom Atomic Power Station.
Commission approves publication of the Final Rule and Generic Environmental Impact Statement for Continued Storage of Spent Nuclear FuelSubmitted by webEditor on Thu, 08/28/2014 - 10:50
Commission approves publication of the Final Rule and Generic Environmental Impact Statement for Continued Storage of Spent Nuclear Fuel
NRC Approves Final Rule on Spent Fuel Storage and Ends Suspension of Final Licensing Actions for Nuclear Plants and RenewalsSubmitted by webEditor on Thu, 08/28/2014 - 10:47
NRC Approves Final Rule on Spent Fuel Storage and Ends Suspension of Final Licensing Actions for Nuclear Plants and Renewals
The Nuclear Regulatory Commission on Tuesday approved a final rule on the environmental effects of continued storage of spent nuclear fuel and will lift its suspension of final licensing actions on nuclear power plant licenses and renewals once the rule becomes effective.
|Power Reactor||Event Number: 50395|
|Facility: PEACH BOTTOM
Region: 1 State: PA
Unit:   [ ]
RX Type:  GE-4, GE-4
NRC Notified By: PAUL BOKUS
HQ OPS Officer: MARK ABRAMOVITZ
|Notification Date: 08/23/2014
Notification Time: 20:19 [ET]
Event Date: 08/23/2014
Event Time: 13:00 [EDT]
Last Update Date: 08/23/2014
|Emergency Class: NON EMERGENCY
10 CFR Section:
50.72(b)(3)(v)(A) - POT UNABLE TO SAFE SD
50.72(b)(3)(v)(B) - POT RHR INOP
|Unit||SCRAM Code||RX CRIT||Initial PWR||Initial RX Mode||Current PWR||Current RX Mode|
|2||N||Y||100||Power Operation||100||Power Operation|
|3||N||Y||100||Power Operation||100||Power Operation|
|LOSS OF SAFETY FUNCTION
"At 13:00 [EDT] on Saturday, August 23, 2014, both trains of the Peach Bottom Atomic Power Station (PBAPS) Emergency Service Water (ESW) System were declared inoperable on Unit 2 and Unit 3, due to a pin-hole, through wall piping leak. In accordance with 10CFR 50.72(b)(3)(v), this event is being reported as an event or condition that could have prevented the fulfillment of the safety function of systems that are needed to shut down the reactor and maintain it in a safe shutdown condition, remove residual heat and mitigate the consequences of an accident.
"At 19:22 [EDT], the station received verbal approval of a Notice of Enforcement Discretion (NOED) request. Simultaneously, the station is preparing an evaluation to support an emergent-relief request.
Susquehanna Steam Electric Station Unit 2 - Notice of Public Meeting on September 3, 2014
Anti-nukers, congressmen fret over Entergy finances, requested subsidies
By RICHIE DAVIS
Monday, August 25, 2014
(Published in print: Tuesday, August 26, 2014)
The Nuclear Regulatory Commission recently reopened a year-old petition from anti-nuclear groups concerned about Entergy Corp.’s financial ability to safely operate its nuclear plants, including Vermont Yankee.
The original petition, filed before Entergy announced plans to shut the 620-megawatt Vernon, Vt., reactor at the end of 2014 for economic reasons, had called for NRC staff to seek detailed financial information from Entergy Corp., but after the company balked, arguing such scrutiny was beyond NRC’s purview, the commissioners backed down.
After a letter last November from Congressmen Edward Markey, D-Mass., and Bernie Sanders of Vermont to the NRC the agency has again sought financial information from Entergy.
The congressmen said “financial distress and the failure to maintain sufficient operating funds would be expected to signal the potential for future degradations in safety brought about by a licensee’s need to conserve funding.”
Meanwhile, Entergy last month reported a 55 percent decline in second-quarter earnings compared to the corresponding period last year, forcing it to eliminate 800 jobs nationwide.
Routine Releases of Radioactive Materials from U.S. Nuclear Plants
Union of Concerned Scientists
The idea for this material came during a November 2013 workshop on radiation monitoring conducted by the Bellefonte Efficiency & Sustainability Team (BEST) and the Mothers Against Tennessee River Radiation (MATRR) in Chattanooga, TN (check out http://www.matrr.org/).
Thanks to Garry Morgan and Gretel Johnston of BEST/MATRR for reviewing drafts and providing very helpful feedback.