Entergy Vermont Yankee refueling and maintenance outage begins

first_imgFeb 24, 2010 … His case against the relicensing was several fold, including: The new power purchase proposal from Vermont Yankee owner Entergy would … Aug 27, 2002 … Vermont Yankee finally sold to Entergy by Robert Smith The deal had more than its share of up and down moments, but the sale of the Vermont … Apr 18, 2011 … The other shoe has finally dropped. Entergy Corporation (NYSE: ETR) announced this morning that two of its subsidiaries, Entergy Nuclear … Jul 25, 2011 … Today Entergy Corporation (NYSE: ETR) communicated to its employees that the company’s board of directors voted to approve the fabrication … Entergy Vermont Yankee sues state of Vermont | Vermont Business … Northstar Vermont Yankee,Control room operators began removing the Vermont Yankee nuclear power station from service Saturday night (October 8) to begin its 29th refueling and maintenance outage. The shutdown of the Vernon plant will mark the completion of the plant’s 29th operating cycle. The plant began commercial operation in 1972. According to published reports, the fuel will cost $65 million and the work will cost another $35 million for a total cost of about $100 million. The refueling will allow the plant to operate another 18 months, or well beyond its scheduled decommissioning in March 2012. Entergy has sued the state of Vermont to allow it to remain open for another 20 years. The state maintains that the Vermont Legislature must approve the license extension. The Vermont Senate voted in 2010 to reject the extension, but the US Nuclear Regulatory Commission has already granted the 20-year extention. The Vermont Public Service Board would also need to issue Entergy a Certificte of Public Good for it to remain in operation. Energy states in the federal court case in Brattleboro that the state cannot legally pre-empt the process.The court case concluded in September and US District Judge J Garvan Murtha is now mulling post-trial briefs. It is widely expected that the loser in US District Court will appeal the decision. At the very least, Entergy appears to be banking on the court case, in any result, pushing well beyond March 2012 so it will get the full value from the refueling.A Vermont Yankee statement on the refueling said the plant has again demonstrated its value as a safe and reliable electricity supplier to New England consumers. During this operating cycle, which began in May 2010, the plant has produced more than 7.2 billion kilowatt-hours of electricity. The refueling and maintenance outage will be performed by Entergy Vermont Yankee’s staff supplemented by Entergy employees from its other nuclear plants and contract workers, including valve technicians, radiation protection technicians, engineers, inspectors, millwrights, electricians, pipefitters, boilermakers, welders, painters, equipment operators, insulators, carpenters, laborers and divers.Workers will replace 116 fuel assemblies in the reactor and perform various maintenance activities, tests and inspections on plant equipment which runs throughout the operating cycle.The influx of more than 850 outside maintenance workers and their associated local spending provide a major economic boost to the region.Entergy Corporation is an integrated energy company engaged primarily in electric power production and retail distribution operations. Entergy owns and operates power plants with approximately 30,000 megawatts of electric generating capacity and delivers electricity to 2.7 million utility customers in Arkansas, Louisiana, Mississippi and Texas. Entergy’s second quarter revenues were $2,803.3 million, compared to $2,862.9 for the same periond in 2010. Earnings for the two periods were $1.76 perdiluted share in Q2 2011 and $1.65 per diluted share in 2010.Entergy also announced last week that Kevin Bronson has been named senior vice president and chief operating officer for the James A FitzPatrick Nuclear Power Plant in New York, Pilgrim Power Station in Massachusetts and Vermont Yankee Nuclear Power Station.RELATED: Entergy to refuel Vermont Yankee as lawsuit proceeds | Vermont … Vermont Senate votes to close Yankee | Vermont Business Magazine Vermont Yankee finally sold to Entergy | Vermont Business Magazinelast_img read more

Warriors waste chance against lowly Hawks, plus more takeaways from 104-79 loss

first_imgATLANTA — The Warriors entered Monday’s game against the Atlanta Hawks with an ideal opportunity to earn a much-needed win. Instead, they didn’t give themselves a chance.The Warriors (4-18) lost to the Hawks, 104-79, Monday at State Farm Arena. Coming off a tightly contested game against the Orlando Magic that came down to the final shot, the Warriors also welcomed back center Kevon Looney against a Hawks (5-16) team that had previously lost 10 straight games. They believed they were showing …last_img read more

49ers players on suspended Tim Ryan: ‘We’ve got your back’

first_imgBRADENTON, Fla. — Several 49ers players came to Tim Ryan’s defense Thursday, a day after the radio analyst was suspended for Sunday’s game after referring to Baltimore Ravens’ Lamar Jackson’s “dark skin.”Ryan personally apologized to players at the team’s nearby hotel, and while they vouched for his upstanding character, they also acknowledged his sensitive choice of words.Cornerback Richard Sherman said Ryan made “valid” points that weren’t personally offensive to him or the locker room. …last_img read more

Africa is becoming increasingly attractive to retailers

first_img27 November 2014African-focused trading firm CFAO Group has created a “club of brands” – a network of international brands – that will target the rising African middle class. The first members of the club are toy seller La Grande Recre (Ludendo), cosmetics brand L’Occitane en Provence, Beaumanoir’s fashion brands Cache Cache and Bonobo, and Kaporal. CFAO will operate the sales outlets of these new partners in Africa under exclusive agreements that include franchises, brand and distribution concessions, and distribution agreements. The club will ultimately include about 20 brands. The retailers will have outlets in CFAO’s shopping centres in eight African countries: Cameroon, Congo, Cote d’Ivoire, Democratic Republic of the Congo, Gabon, Ghana, Nigeria and Senegal. L’Occitane won’t be available in Senegal. The launch of this club of brands coincides with the opening of CFAO’s first mall in Abidjan, Cote d’Ivoire, in 2015. High growth market“CFAO acts as a catalyst for the development of international brands in Africa and as a springboard for brands that view the continent as a real growth lever. With our experience and our approach to consumption in Africa, we give them access to a high growth market,” said Xavier Desjobert, the chief executive of CFAO Retail. Jean-Michel Grunberg, president of Ludendo, said: “This franchise agreement bolsters La Grande Recre’s international presence. Our expertise in toys and the strength of our brand concept are key in satisfying Africa’s new consumption needs.”The African middle class is expanding rapidly on the back of strong economic growth. According to the International Monetary Fund, seven of the 10 countries that will experience the strongest growth between 2011 and 2015 are in Africa. In sectors related to services and consumption, revenue on the continent is expected to increase by between 4% and 5% per year by 2020, according to McKinsey, while the number of households bringing home annual revenue of more than $5 000 is likely to rise to 130-million compared with 85-million today. First five members La Grande Recre is a market-leading brand with 255 stores in France and elsewhere. Its concept is based on a quality range of toys and games. L’Occitane group has 2 715 sales outlets worldwide. It is a natural and organic ingredient cosmetics and well-being products manufacturer and retailer with roots in Provence, France. Beaumanoir group, which has more than 2 700 sales outlets worldwide, is pursuing its international development strategy through a “multistore concept” which sees several brands housed under one roof, such as fashion brands Cache Cache and Bonobo. Kaporal was created in 2004 in the home of Marseille denim. It is known for its daring and creative clothing range. CFAO, a subsidiary of Toyota Tshusho, the Toyota Group trading arm, is Africa’s biggest supplier of cars, trucks and pharmaceuticals. It has operations in 37 countries, including 34 in Africa. SAinfo reporter and CFAO Grouplast_img read more