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Exelon (EXC) has declared an "alert" - the second lowest of four NRC action levels - at its New...

Exelon (EXC) has declared an "alert" - the second lowest of four NRC action levels - at its New Jersey Oyster Creek nuclear facility after flood waters caused by Hurricane Sandy rose over 2M and threatened to submerge the pumps that circulate water through the plant. However, the water was expected to recede following high tide. Constellation Energy's (CEG) Nine Mile Point 1 nuclear plant in New York has shut down due to difficulties putting power onto the grid.
Comments (4)
  • Tony Petroski
    , contributor
    Comments (6373) | Send Message
    Ah, what a wasted opportunity--think of the power generated by huge windfarms planted off the Massachusetts, New York and Jersey shores--unless the windmills were knocked into the sea. Then it would be time to renew the renewable energy.
    30 Oct 2012, 07:41 AM Reply Like
  • rtrdengineer
    , contributor
    Comments (28) | Send Message
    What a disappointment that those coal plants in the Midwest were forced to close. They could be providing the extra power the grid may need. Always helps to have those back up plans..........
    30 Oct 2012, 09:00 AM Reply Like
  • MWinMD
    , contributor
    Comments (2083) | Send Message
    As long as they're not running regularly. One of the reasons that Sandy was "stuck" on the east coast instead of blowing out to sea was because our warming atmosphere created a "blocking high" off Greenland.



    And in general scientists believe that storms 3 to 10 times as damaging as Sandy will become more common as the differential in moisture between layers of the atmosphere increase:



    See what happens when you ignore what scientists say for 20 years? Yes, you get exactly what you deserve. Think about all this the next time a grinning car salesman candidate tells you "I LOVE coal".
    30 Oct 2012, 02:29 PM Reply Like
  • lkrhelming
    , contributor
    Comments (14) | Send Message
    It is good to know that Exelon management is not ignoring the possibilities and did the right thing in issuing the alert. This recognition could lead to improvements in design to lessen the threat of future storms. And for investors who are looking for a price drop, it could possibly provide a buying opportunity.
    30 Oct 2012, 12:20 PM Reply Like
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