Friday, September 07, 2012

Entergy CEO Leonard's Casablanca at Barclays

Entergy's stock price was down 1.50% Friday!

Entergy's slides

Leonard's presentation

My early 2011 Entergy-Palisades NRC petition trying to bring sanity to the NRC and our national objectives. My Mike Mulligan's Palisades Casablanca...

" Feb 22, 2011

R. William Borchardt
Executive Director for Operations
US Nuclear Regulatory Commission Washington, DC 20555-0001

Subject 2.206: Request a emergency shutdown of Palisades because the Reactor Oversight Program is ineffective and Entergy has a documented history of a culture of falsification and thumbing their noses at reoccurring violations. It should be noted in this inspection period most of the fleet of Entergy's plants are on fire and burning in the Gulf of Mexico with numerous NRC inspection findings including Grand Gulf, River Bend, Arkansas One and Cooper.

Jan 18, 2011: my 2.206 Emergency shutdown of Vermont Yankee.

"The safety culture of the plant is impaired because of information inaccuracies and wide spread acceptance of falsifications."

"I request Vermont Yankee to be immediately be shut down and that Entergy be prohibited from owning nuclear power plants... because Entergy doesn't have the integrity to tell the truth about safety and nuclear power plant issues. Money and profits comes before truth telling and full disclosures."

Dear Mr. Borchardt,

In the 1942 movie Casablanca:
Rick Blaine: How can you close me up? On what grounds?
 Captain Louis Renault: I'm shocked, shocked to find that gambling is going on in here.
(The strategic outcome of this mad dog teabagger Republican Congressional and nuclear industry thrust was to take out NRC chairman Jazcho just prior to the 2012 presidential election cycle? It took a year and a half to take-out Jazcho ending in July 9 2012 when a new chairwomen was sworn in. I’ll bet their aims was to create controversy all through the election cycle, but Jazcho short circuited it by resigning...?)

There just has been unprecedented political pressures to intimidate the NRC to reduce regulations and safety margins at nuclear plants in the last four months. There has been political insinuations made by the mad dog rabid Republicans that they are going to cut the NRC's budget if the NRC doesn't reduce regulation to the nation's nuclear power plants and relicense old plants willy nilly. It seems these Republicans are going after the NRC in order to take down President Obama, or just to get even to the president because of Yucca Mountain. It stated last fall just before the election with the ranking House Republican of Reps. Fred Upton (R-MI) and Ed Whitfield (R-KY) asking the NRC OIG for an investigation concerning Yucca Mountain and the supposed misdeeds of Chairman Jazcko. Recently, the ranking senators James Inhofe (Oklahoma) and David Vitter (Louisiana) have been filling up the newspapers and the media intimidating the NRC to cut regulations concerning the New England nuclear plants. Just one more politician added to this Republican team and will have the Keating Five Senators who tried to influenced the Savings and Loans debacle back in the early 1990s. The Democrats are missing from this team as in the Keating Five... but this is political corruption in order weaken the safety of the nation's nuclear power plants. Collectively this is all unethical and illegal activity in order to improperly influence the NRC."

Back to the Casablanca Sept 6 "Barclays 2012 CEO Energy-Power Conference" slides and presentations?

Wednesday, September 05, 2012

Entergy CEO Leonard Quits!

At Palisades community get together meeting tonight (9/6):

So he used the hurricane as an opportunity to divert us from understanding it was the problems in his nuclear fleet.

I wouldn't be surprised if the NRC asked him to retire under a threat of sorts...

So why haven't they voluntarily shutdown for 6 months to a year...totally reorganize and start with a plant in a new renewed state...
"We recognize our performance over the last several months has not been acceptable with what you expect or what we expect of ourselves as a professional nuclear operator," Palisades site Vice President Tony Vitale told reporters Thursday."
This has been my project for a long time?

Entergy CEO Wayne Leonard to Retire, CFO Denault Will ReplaceBy Tina Davis - Sep 5, 2012 5:15 PM ET

Entergy Corp. (ETR) owner of the second-largest group of U.S. nuclear reactors, said Chairman and Chief Executive Officer Wayne Leonard will retire on Jan. 31 and be replaced by Chief Financial Officer Leo Denault.

Leonard, 61, was the longest-serving CEO in Entergy’s history, taking the role in January 1999, the New Orleans-based company said in a statement today.

During Leonard’s tenure, the utility owner survived Hurricane Katrina, added nuclear power plants in the Northeast and Midwest and abandoned a multibillion-dollar merger plan with NextEra Inc, then known as FPL Group Inc.

Denault, 52, has been with the company since 1999 and been CFO since 2004. He’ll be replaced in that position by Andrew Marsh, currently vice president of system planning for the company.
Exelon Corp owns the largest number of U.S. reactors.

DOE gives Entergy A+ for Isaac storm response

Entergy's prestorm preparations help them achieve high marks
UPDATED 5:48 PM CDT Sep 06, 2012

The U.S. Department of Energy gave Entergy an A+ for how the power giant handled Hurricane Isaac.

In the Walnut Bend area of Algiers, power knocked out by Hurricane Isaac was finally restored earlier this week, six days after the storm hit. But despite the slow pace of progress in some neighborhoods, the DOE is praising Entergy and its post-storm performance.

Andre Celestine, an Algiers resident, said he disagrees with the praise.

"I would not give them an A+," he said. "I wouldn't give them an F, but also not an A."

"The typical benchmark for utility companies is to restore power to 70 percent of customers within five to seven days. The pace of Entergy's restoration, restoring power to 90 percent of its customers in four to five days, is unbelievable," said the DOE's William Bryan in a written statement.

"When the DOE looks at it, they are looking at the whole picture," said Bob Thomas, the director of the Environment Communications Department at Loyola University.

Thomas said the fact that Entergy's prestorm preparations, including having workers, trucks and resources standing by, helped them achieve high marks.

"They are looking at the overall impact of the response of the energy corporation. They are not looking at individuals that are still hurting," Thomas said.

A spokesperson for the DOE is quick to point out that they do not go around handing out compliments to every public utility. In fact, the federal agency said that earlier this year, public utilities in the Washington, D.C., area were unprepared for storms that left many without power for seven to 10 days, adding, "They did not have teams pre-positioned for the recovery."

During Hurricane Irene last year, a storm that affected New York City and the East Coast, the DOE said public utilities made mistakes and did not have assets in place.