AREVA, Toshiba want nuclear reactors to last 80 -100 years
AREVA,Toshiba eye 100-year life cycle for nuclear plants John DowneyCharlotte Business Journal May 22, 2015 Can a nuclear plant run for a century? For 
now, federal regulators allow up to 60 years of licensed energy production. But Gary Mignogna, CEO of Charlotte-based Areva Inc.(EPA:AREVA), says it’s time to consider a 100-year life cycle…..He noted that former Duke Energy CEO Jim Rogers had raised questions about whether plants could operate much beyond the 20-year extension the Nuclear Regulatory Commission offers after a plant’s 40-year initial license…….
now, federal regulators allow up to 60 years of licensed energy production. But Gary Mignogna, CEO of Charlotte-based Areva Inc.(EPA:AREVA), says it’s time to consider a 100-year life cycle…..He noted that former Duke Energy CEO Jim Rogers had raised questions about whether plants could operate much beyond the 20-year extension the Nuclear Regulatory Commission offers after a plant’s 40-year initial license…….Reverse engineering Ali Azad, chief executive of Toshiba (TYO:TOSBF) America Energy Systems, also based in Charlotte, says his organization is looking now at 80 years, at least, for existing plants. He says as you prepare to recondition existing plants for extended life, getting replacement parts becomes an issue. In some cases, the original equipment companies are no longer in business, for instance, he said.
So Toshiba is working on reverse engineering to fabricate replacement parts for older plants…..http://www.bizjournals.com/charlotte/blog/energy/2015/05/industry-eyes-100-year-life-cycle-for-nuclear.html
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