Platts - Monday, June 16, 2003 
http://www.platts.com

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London (Nuclear News Flashes)--13Jun2003

Bruce-4 delayed restart will cut extra BE income

Bruce-4's delayed restart will reduce extra income
expected by British Energy (BE), the U.K. nuclear
generator announced. BE said June 13 it has been advised
by Bruce station operator Bruce Power that unit 4 is
expected to come back on line June 30, and unit 3 on
July 30. Under the terms of the February sale of its
82.4% interest in Bruce Power to an all-Canadian
consortium, BE was to receive an additional (Cdn)$50-
million if unit 4 restarted by June 15 and another $50-
million if unit 3 began operating by Aug. 1. Any delay
in the restart of each unit results in the payments
being reduced by 10% per month, falling to zero after
nine months. Bruce Power is to pay the Provincial
Government of Ontario any amounts forfeited by BE.

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NRC may relax parts of vessel head inspection order

NRC might relax some provisions of its vessel head
inspection order, an NRC staffer said June 12. At the
end of a day-long meeting with the nuclear industry on
materials issues, Allen Hiser, a senior materials
engineer, said the NRC staff had received many more
relaxation requests than it had expected when it issued
the order in February. He proposed that the industry
submit a technical case for relaxing parts of the order
that dealt with non-sensitive areas of vessel head
penetration nozzles and were common to many of the
requests. But neither the NRC staff nor the industry
representatives were clear on the process for such a
submittal.

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