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DOE secretary and New York congressman call for reopening of Indian Point
Department of Energy Secretary Chris Wright joined U.S. Rep. Mike Lawler (R., N.Y.) at the site of the closed Indian Point nuclear power plant on Friday, March 6, as Lawler called for the reopening of the facility. He emphasized that the shutdown of the plant in 2021 has led to higher electricity costs for the people of New York state and increased strain on the state’s electric grid.
Vaibhav Yadav Jason K. Hansen, Shawn St. Germain (INL), Robby Christian (RPI)
Proceedings | Nuclear Plant Instrumentation, Control, and Human-Machine Interface Technolgies (NPIC&HMIT 2019) | Orlando, FL, February 9-14, 2019 | Pages 24-38
Economic or financial causes have led to closure or pending early retirement of several US nuclear reactors in the last five years. The published report “Economic and Market Challenges Facing the US Nuclear Commercial Fleet – Cost and Revenue Study” by Idaho National Laboratory (INL) identified 63 of the 79 studied nuclear power plants (NPP) lost money in the year 2016. The revenue-gap analysis (Figure 1) performed in the study also concluded that additional revenue is required to return most of these nuclear power units to profitable operations [1]. This can be achieved by reducing the operation and maintenance (O&M) costs that account for about 70% of the total operating expenditures for an NPP (Figure 2). There are many ways of reducing O&M costs; this work presents an innovative framework of reducing O&M costs by utilizing the onsite FLEX equipment at NPPs.