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Freeport LNG Awards EPC Contract for Third Train at Texas Facility

LCG, March 27, 2015-CB&I yesterday announced that a joint venture (JV) between CB&I, Chiyoda International Corporation, and Zachry Industrial, Inc., was awarded a contract valued over $2 billion by FLNG Liquefaction 3, LLC (Freeport LNG) for the engineering, procurement and construction (EPC) of the third train of the three-train liquified natural gas (LNG) liquefaction and export facility on Quintana Island, near Freeport, Texas.

AEP Moves Another Step Closer to Retiring 4,400 MW of Coal-fired Generating Facilities by Summer

LCG, March 25, 2015--American Electric Power (AEP) will close six coal-fired power plants by the end of May, with four additional retirements scheduled by year-end. The plant closings are part of the utility's compliance plan for new Environmental Protection Agency EPA regulations, primarily the Mercury and Air Toxics Standard (MATS) rule that commence in June.

Industry News

NRC Approves Rule to Amend AP1000 Nuclear Reactor Design

LCG, December 26, 2011--The Nuclear Regulatory Commission (NRC) Wednesday voted to approve a rule that certifies an amended version of Westinghouse's AP1000 reactor design for use in the United States. NRC certification, in the form of a final rule, means the design meets the NRC's applicable safety requirements.

The NRC will make the rule immediately effective once it is published in the Federal Register, which is expected to be published within seven business days of the vote. The application to amend the 1,100-MW, electric pressurized-water reactor with passive safety features was submitted by Westinghouse on May 27, 2007.

NRC Chairman Gregory B. Jaczko stated, "The Commission is able to reach this final step in approving the amended AP1000 reactor design due to the staff?s dedicated work ensuring the design meets NRC's safety requirements. The design provides enhanced safety margins through use of simplified, inherent, passive, or other innovative safety and security functions, and also has been assessed to ensure it could withstand damage from an aircraft impact without significant release of radioactive materials."

The NRC received the original AP1000 plant design from Westinghouse back in March 2002, and the NRC issued a rule certifying the design on January 27, 2006.

The NRC is now reviewing six Combined Construction and Operating License (COL) applications that reference the amended AP1000 design. Southern Company, one of the leading applicants, is developing two AP1000 reactors at Plant Vogtle in Georgia. Southern Nuclear, a Southern Company subsidiary that operates Plant Vogtle's two existing nuclear units, is overseeing construction on the $14 billion project. Southern Nuclear is working under a Limited Work Authorization permit (since 2009) that allows for certain safety-related construction activities. Southern Nuclear will also operate the two new units. Southern expects commercial operations of the two new nuclear units to commence in 2016 and 2017, respectively.




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