Foreign Ownership Could Halt Licensing of South Texas Project Nuclear ReactorsOn Tuesday, the Nuclear Regulatory Commission told judges overseeing the licensing case for two proposed South Texas Project reactors that the applicant (NINA) is subject to foreign ownership control or domination requirements and does not meet the provisions of the Atomic Energy Act in this regard. This will help licensing opponents in the hearing that is anticipated this fall.
"This NRC notice is great for us as opponents of two proposed reactors at the South Texas Project," said Karen Hadden, executive director of SEED Coalition, a group that has intervened in the licensing process, along with the South Texas Association for Responsible Energy and Public Citizen.
"We hope that we'll soon see clean, safe energy developed in Texas instead of dangerous nuclear power. We must prevent Fukushima style disasters from happening here."
"Federal law is clear that foreign controlled corporations are not eligible to apply for a license to build and operate nuclear power plants. The evidence is that Toshiba is in control of the project and this precludes obtaining an NRC license for South Texas Project 3 and 4," said Brett Jarmer, an attorney also representing the intervenors.
"Foreign investment in U.S nuclear projects is not per se prohibited; but Toshiba is paying all the bills for the STP 3 and 4 project. This makes it difficult to accept that Toshiba doesn't control the project," said Robert Eye.
Toshiba North America Engineering, or TANE, will assume exclusive, principal funding authority for the project, but they are a wholly owned subsidiary of Toshiba America, Inc, a Japanese corporation. Opponents contend that this makes them ineligible for licensing.
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