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Wednesday 26 October 2005

Info Post
Just off the wire:
Duke Power confirmed today it is preparing a combined construction and operating license (COL) application for new nuclear generation. The application is for two Westinghouse Advanced Passive 1000 (AP1000) reactors at a site to be named
following the conclusion of its current site selection study.

Pursuit of the COL application, which is expected to be submitted to the U.S. Nuclear Regulatory Commission within the next 24-30 months, is part of the company's long-term generation planning process, and will allow Duke Power to keep new nuclear generation as an option for meeting its customers' future energy needs.

"Our employees have proven that nuclear generation can provide safe, reliable and cost-effective electricity for our customers," said Brew Barron, Duke Power chief nuclear officer. "Preparing this application provides us the option to continue using a diverse fuel mix in the future."

Duke Power's selection of the Westinghouse AP1000 reactor design allows the company to rely on proven, safe nuclear technology and progressive innovation as it considers a new nuclear power plant. The AP1000 design is based on the same Westinghouse pressurized water reactor (PWR) technology that has achieved thousands of successful reactor-years of operation throughout the world.

Westinghouse PWR technology is currently in use at the Duke Power-operated McGuire and Catawba nuclear stations.

Westinghouse is partnering with The Shaw Group Inc., a global engineering, design, construction and operations firm, on engineering work for this project.
Duke does it again. Amazing. More later.

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