Nuclear Energy Insider: Multi-$Billion Long Term Operation Projects are Discussed by ENTERGY, PROGRESS, DUKE, CENG & SCANA, and at Annual Meeting

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Nuclear Energy Insider reports: under the executive sponsorship of SCANA as the host utility, the Long Term Operations and Aging Management Conference is set to take place in the 23-24 February in Columbia, South Carolina and will tackle the key operational challenges facing the US nuclear fleet.

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Nuclear Energy Insider reports: under the executive sponsorship of SCANA as the host utility, the Long Term Operations and Aging Management Conference is set to take place in the 23-24 February in Columbia, South Carolina and will tackle the key operational challenges facing the US nuclear fleet.

Sources at Nuclear Energy Insider state that even though the US is the world’s largest producer of nuclear power, the nation’s energy demand has doubled its reliance on atomic power over the last 20 years despite the fact that no new power plants have been installed during this period.

With the absence of new nuclear power plants being deployed, the demand has been met with cost efficient developments to the existing fleet including plant modernisation, life extension, uprates, maintenance and refurbishment. This has led to an increase 11% more power from the existing fleet and supply over 20% of the nation with clean reliable power – however as these nuclear power plants enter their twilight years there is a real concern about the ability of the aging nuclear fleet to continue supporting the US, according to sources at Nuclear Energy Insider.

The World Nuclear Association recently stated that “A significant achievement of the US nuclear power industry over the last 20 years has been the increase in operating efficiency with improved maintenance”. In order for the USA to continue meeting the required energy demands it is vital that utilities develop a comprehensive plan for their Long Term Operations in the correct manner to ensure efficient and secure power production from the existing fleet.

At this time it is expected that over 90 reactors will have 60+ year operations, but in order to do so utilities need to undertake expensive and complicated capital works now to properly prepare for this complex work. This issue already results in over 25% of the annual utility budget being set to tackle this issue, which makes the Long term Operations and Aging Management market a multi-billion dollar industry with multibillion dollar risks for owners, according to sources at Nuclear Energy Insider. The work involved to prepare a plant for LTO is varied, unpredictable and full of serious pitfalls including regulatory changes, equipment obsolescence, structural degradation and $billion’s worth of retrofit projects.

Due to the vast costs, risks and demand for utilities to keep these aging units in operation the senior operations decision makers from nuclear utilities including ENTERGY, PROGRESS, DUKE & CENG & SCANA will be meeting in Columbia South Carolina to build a flawless asset management plan that will ensure cost efficient life extension projects across the entire nuclear fleet in the US.

The meeting is supported by SCANA as the Executive Sponsor and Host Utility. In this role SCANA have aided the recruitment of an executive panel of the most senior level decision makers and key case studies from across the major US nuclear utilities. This has developed into the most prolific agenda and speaker line up of any operations based meeting in recent history.

If you want to know more about the Long Term Operations and Aging Management conference download the brochure here to access the full agenda, detailed speaker line up and exclusive discounts visit http://www.nuclearenergyinsider.com/lto/download-brochure.shtml

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Tommy Angell
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