Arkansas PSC rejects $142 million offer from Entergy in Grand Gulf dispute

August 10, 2022, 7:04AMNuclear News
The Grand Gulf nuclear power plant. (Photo: Entergy)

While the Mississippi Public Service Commission earlier this year accepted a $300 million offer from Entergy Corporation to settle its portion of a multistate dispute with the utility over Grand Gulf nuclear plant customer rate impacts, the Arkansas Public Service Commission last week turned down its own $142 million offer, terming it “a low-ball amount.”

Holtec defines $7.4B SMR build plan, inks agreement with Entergy

July 25, 2022, 7:03AMNuclear News
Holtec’s Advanced Manufacturing Division, in Camden, N.J. (Photo: Holtec)

The Department of Energy earlier this year approved part one of a loan application from Holtec International for small modular reactor construction and invited the firm to apply for a loan to help build four of its SMR-160 units and grow its manufacturing capacity to produce the first wave of SMRs.

Entergy settles with state PSC for $300M over Grand Gulf rate issues

June 30, 2022, 3:04PMNuclear News
The Grand Gulf nuclear power plant in Port Gibson, Miss. (Photo: Entergy)

The Mississippi Public Services Commission has announced a $300 million settlement with Entergy Mississippi—the largest settlement in the MPSC’s history—ending the state’s part in multistate Federal Energy Regulatory Commission proceedings involving Grand Gulf plant customer rate impacts.

Hurricane Ida causes Waterford shutdown, reduced power at River Bend

September 1, 2021, 9:30AMNuclear News
Hurricane Ida knocked out all transmission lines into New Orleans, leaving more than a million people without power. (Photo: Entergy)

The Nuclear Regulatory Commission said it was monitoring events at three nuclear power reactors in Louisiana and Mississippi after Hurricane Ida made landfall on August 29. With winds of 150 miles per hour, the Category 4 storm left more than 1 million people without power in the two states. Ida has since weakened to a tropical storm.

Complaint filed with FERC over Grand Gulf management

March 8, 2021, 6:58AMNuclear News

The Louisiana Public Service Commission (LPSC), the New Orleans City Council, and the Arkansas Public Service Commission on March 2 filed a complaint with the Federal Energy Regulatory Commission against Entergy Corporation, seeking damages of more than $360 million for what they term the utility’s “imprudent operation” of the Grand Gulf nuclear plant.

Located in Port Gibson, Miss., Grand Gulf is a single-unit plant with a 1,433-MWe boiling water reactor. The unit, which entered commercial operation in 1985, supplies power to customers of Entergy Louisiana, Entergy Mississippi, Entergy Arkansas, and Entergy New Orleans.

Entergy takes net-zero pledge, teams with Mitsubishi to decarbonize with hydrogen

October 2, 2020, 9:56AMNuclear News

Paul Browning, Mitsubishi Power, and Paul Hinnenkamp, Entergy, sign the joint agreement on September 23. Photo: Entergy

New Orleans–based Entergy Corporation last week announced a commitment to achieve net-zero carbon emissions by 2050, joining a growing list of major energy companies to make that promise—including Dominion Energy, Duke Energy, Southern Company, Xcel Energy, and Public Service Enterprise Group. And, like those companies, Entergy says that it sees nuclear playing an important role in the realization of that goal.