POWER June 2015 - 14

Ontario Joins Carbon-Curbing Initiative.
The eastern Canadian province of Ontario
on April 13 announced it would set
limits on greenhouse gas emissions in each
sector of its economy by joining a cap-andtrade
system under the Western Climate
Initiative. The initiative, originally established
in 2007 by the governors of five U.S.
states, now consists of California, British
Columbia, Manitoba, Ontario, and Quebec.
Ontario's government said it would reinvest
funds raised through cap and trade in
855 PM 55Chevy 042213_Layout 1 4/21/13 9:42 PM Page 1
" a transparent way back into projects that
reduce greenhouse gas pollution and help
businesses remain competitive. " Per its longterm
energy policy, Ontario has shuttered all
its coal-fired power plants or converted them
to burn biomass. Ontario Power Generation
on Feb. 9 converted the last coal-fired plant
in the province, the Thunder Bay Generating
Station, to combust biomass pellets made
from lumber mill sawdust.
URENCO Gets License to Expand
Eunice Plant. The Nuclear Regulatory Commission
(NRC) in March granted URENCO USA
a license to increase enrichment production
capacity to 10 million separative work units
(SWU) from the current 3.7 million SWU at
its Eunice, N.M., uranium enrichment plant.
According to the World Nuclear Association,
the expansion means the facility could be
able to supply about 60% of U.S. needs in
the 2020s, boosting competition for AREVA,
Centrus (formerly USEC), and Global Laser
Enrichment. The NRC also amended the
company's license to allow it to use highassay
depleted uranium (DU) tails from early
military enrichment as feed for the new improved
centrifuges it has been using since
2012. URENCO subsidiary Louisiana Energy
Services (LES) intends to add three new separation
building modules to the facility over
the next several years. Last year LES asked
the NRC to increase its licensed limit to possess
up to 2.2 million kilograms of enriched
uranium and up to 251 million kilograms of
uranium in all forms.
U.S. and South Korea Renew Com1955
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mercial Nuclear Trade Pact. After four
years of negotiations, the U.S. and South
Korea on April 22 reached a provisional 20year
deal that will revise a 40-year-old civil
nuclear pact allowing South Korea to produce
nuclear plant fuel for its 23 reactors
but which still curbs its ability to reprocess
spent fuel. For the U.S., the economic benefits
include exports to South Korea, U.S.
exports to third countries to supply South
Korean projects and joint ventures, and imports
of materials from South Korea to supply
projects to the U.S., said the industry
group the Nuclear Energy Institute.
E.ON Spins Off Conventional GenCreating
Value.
Carver Pump Company
2415 Park Avenue
Muscatine, IA 52761
563.263.3410
Fax: 563.262.0510
www.carverpump.com
CIRCLE 8 ON READER SERVICE CARD
14
www.powermag.com
POWER | June 2015
eration Assets to New Company: Uniper.
German utility E.ON will spin off its coal,
oil, gas, and nuclear assets to a new company,
Uniper, while retaining its renewable
business at E.ON, the company announced
on April 28. The new company will start operations
on January 1, 2016, and have its
headquarters in Dusseldorf, while E.ON will
move to Essen. E.ON's current finance chief,
Klaus Schaefer, will be Uniper's future CEO,
while E.ON CEO Johannes Teyssen will continue
to head the company that intends to
focus on renewables, energy networks, and
customer solutions. Forced to compete with
subsidized renewables, E.ON's conventional
business activities have proven difficult in
Germany. This March, it informed the Federal
Network Agency of plans to shutter the
2010-built high-efficiency gas plants Irsching
4 and 5 effective April 1, 2016, as they
are no longer profitable. However, the company
has also reported losses from business
in the UK, Sweden, and Italy. ■
-Sonal Patel, associate editor
http://www.carverpump.com http://www.powermag.com
POWER June 2015

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