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
NEW ORLEANS —

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.




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