Could Maine Yankee dash for gas?

27 August 1998

Owners of the Maine Yankee nuclear plant (900 MWe PWR) have awarded Stone & Webster Engineering a $250 million decommissioning and decontamination contract. The contract, announced 4 August, includes an option for Stone & Webster to repower Maine Yankee as a natural gas-fired plant, possibly as early as 2002.

This is the first turn-key, fixed price contract in which the decommissioning operations contractor assumes the financial risks. Maine Yankee management will retain an oversight role.

Stone & Webster, which considers Maine Yankee a strong candidate for repowering, said it would enable Maine Yankee to reduce total decommissioning costs, which are estimated at $508 million, including the cost of managing spent nuclear fuel.

David Flanagan, chairman of the Maine Yankee board of directors, said the company is still considering a proposal to sell component parts of the plant. The board rejected a proposal from a group of private investors to resume operations at the site, he said.

Stone & Webster will subcontract part of the work to Babcock & Wilcox Services Inc for waste management services; Radiological Services Inc for radiological controls and health physics; and F W Hake Associates for metal and radwaste processing.



Privacy Policy
We have updated our privacy policy. In the latest update it explains what cookies are and how we use them on our site. To learn more about cookies and their benefits, please view our privacy policy. Please be aware that parts of this site will not function correctly if you disable cookies. By continuing to use this site, you consent to our use of cookies in accordance with our privacy policy unless you have disabled them.