http://www.nj.com/business/index.ssf/2010/05/exelon_forced_to_clean_up_trit.htmlNew Jersey issued a directive to the Exelon Corporation today requiring the company to cooperate with an investigation and clean up of a radioactive tritium leak at Oyster Creek nuclear power plant.
The New Jersey Department of Environmental Protection can supercede the Nuclear Regulatory Commission, who normally regulates nuclear power plants, because of a memorandum of understanding between the agencies. The NRC investigated the leak, but did not require a clean up.
It is believed at least 180,000 gallons of contaminated water was released from the Lacey Township plant on April 9, 2009, through two small holes in separate pipes. There is evidence that contamination 50 times higher than DEP standards has reached the Cohansey aquifer, a significant drinking water resource for South Jersey.
"There is a problem here,'' said Commissioner Bob Martin in a press release. "I am worried about the continuing spread of the tritium into the groundwater and its gradual moving towards wells in the area. The DEP must identify the risk and determine how to deal with the problem. This is not something that can wait. That would be unacceptable.''
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and in other news....
Exelon declares dividendhttp://www.nj.com/business/index.ssf/2010/04/exelon_declares_dividend.htmlExelon Corporation of Chicago declared a regular quarterly dividend of $0.525 per share on its common stock, the company announced in a press release today.
Exelon, one of the nation’s largest electric utilities, with approximately $17 billion in annual revenues, owns and operates the Oyster Creek nuclear power plant in Lacey Township and is a minority owner in the Salem Nuclear Generating Station in Lower Alloways Township.
The company has one of the industry’s largest portfolios of electricity generation capacity, with a nationwide reach and strong positions in the Midwest and Mid-Atlantic.
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