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« Cigar Lake mine officially starts production | Main | The Fed’s Alice In Wonderland Economy - What Happens Next? »
Monday
Sep282015

Tough times, no easy answers for Pilgrim Nuclear Power Plant

The Pilgrim Nuclear Power Station was already facing rising costs, declining revenues, and an energy market increasingly inhospitable to nuclear power. And then the federal Nuclear Regulatory Commission delivered some really bad news.

The commission this month downgraded the safety rating of the 43-year-old plant in Plymouth, which it now rates as one of the three least-safe units among the nation’s 99 reactors.


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