AREVA, Areva bailout, Areva Le Creusot, Areva nuclear parts scandal, Argentina, Arizona, Convention on Supplementary Compensation, corruption, CSC international fund, dangers of nuclear, EISA, environment, France, French State, French State owned corporations, India, Japan, liability, Morocco, NRC, nuclear, nuclear accident, nuclear disaster, nuclear energy, Nuclear France, nuclear industry, nuclear power, nuclear reactors, Palo Verde Nuclear Power Station, Price Andersen Act, risk management, Romania, UAW, unfair subsidies, US DOE, US NRC, USA, water
Even as French government owned Areva’s defective nuclear parts scandal was already underway, Areva sent a comment to the US government saying that holding it and other nuclear equipment suppliers liable in the event of a nuclear accident was “unnecessary economic penalties” and that the US taxpayer should pay.
And, of course, Areva would think that since Areva’s only still in existence because it is almost totally owned by the French government, i.e. French taxpayer. Even though a worldwide inspection of potentially defective Areva nuclear equipment is about to get underway, Areva was given a multimillion dollar contract for equipment at what is arguably one of the world’s most dangerous nuclear power stations – located in a desert with no direct source of water and the most powerful in America.
What is Areva complaining about like a whining gros bébé – big nuclear baby?
“Section 934 of the Energy Independence and Security Act of 2007 (EISA) authorizes the Secretary of Energy to issue regulations establishing a retrospective risk pooling program whereby, in the event that the United States must make a contribution to the CSC international fund, United States nuclear suppliers would pay the full cost of this contribution by the United States. This webpage is designed to provide public access to the written comments and other docket material associated with this proceeding to implement section 934 and will be updated periodically.”
The CSC is the “Convention on Supplementary Compensation for Nuclear Damage” which is a shared nuclear liability agreement to pay for nuclear accidents in the US, India, Japan, Romania, Argentina, Morocco, UAE. France is not a member and would only be held liable for French State owned Areva’s nuclear defects based on its presence in the US, Japan, etc. Apparently above a certain amount, US vendors and/or taxpayers will be responsible for around 1/3rd of the cost of a nuclear disaster in a member country under this Convention. Payment is based upon installed nuclear capacity, so whoever has the most nuclear reactors pays the most, above a base amount, when there is an accident in any of the member countries. This CSC convention only benefits those who sell defective nuclear parts, do faulty construction-installation and/or utilities which cut corners. There is no incentive to make quality products or do maintenance, if you must pay for the cost-cutting and mistakes of competitors. Both CSC and the US Price Andersen should be canceled and the individual nuclear providers held liable for their products, along with the utilities.
Turning reality on its head, French Government owned Areva, whose nuclear equipment defects have become legendary over the course of the last two years, calls the above “unnecessary economic penalties on US suppliers“! The unnecessary economic penalties are to the taxpayers who would be held liable for defective nuclear parts and lack of quality control by Areva and other parts of the nuclear equipment chain.
Areva comment to US DOE over CSC
Despite the well-known problems with Areva nuclear parts, which are still under investigation, Areva announced in a press release on Monday, the 21st of November: “USA: Areva NP Signs Multimillion-Dollar Contract to Provide Equipment at Palo Verde Nuclear Generating Station“. Reuters also announced in “Market News” on Monday November 21, 2016, “Brief-Areva USA to supply and replace key equipment at Palo Verde nuclear power plant“.
While it’s difficult to decide which US nuclear power station is the most dangerous, Palo Verde has to be one of the most worrisome. It is dependent upon piped sewage water for cooling, so in the event of a nuclear accident it can’t draw water from a river or ocean. While this is good for waterways and oceans from the vantage of emergency cooling it seems very much at risk. This is exacerbated by its desert location. It is also “the largest power plant in the United States by net generation” and “The Palo Verde Nuclear Power Plant is located in the Arizona desert, and is the only large nuclear power plant in the world that is not located near a large body of water. The power plant evaporates the water from the treated sewage from several nearby cities and towns to provide the cooling of the steam that it produces.” https://en.wikipedia.org/wiki/Palo_Verde_Nuclear_Generating_Station
Just a few of the dates-posts on the Areva nuclear defect scandal
For more posts, search Areva and/or Le Creusot in the search window on this blog.