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NMC FAQs
During 1999, NSP-Minnesota, Wisconsin Electric Power Co., Wisconsin Public Service Corp. and Alliant Energy Corp. established NMC. The Consumers Power subsidiary of CMS Energy Corp. joined NMC during 2000, and transferred operating authority for the Palisades nuclear plant to NMC in 2001. The five affiliated companies own eight nuclear units on six sites, with total generation capacity exceeding 4,500 megawatts. The NRC has approved requests by NMC's affiliated utilities to transfer operating authority for their nuclear plants to NMC, formally establishing NMC as an operating company. NMC manages the operations and maintenance at the plants, and is responsible for physical security. NMC's responsibilities also include oversight of on-site dry storage facilities for used nuclear fuel at the Prairie Island nuclear plant. Utility plant owners, including Xcel Energy, continue to own the plants, control all energy produced by the plants, and retain responsibility for nuclear liability insurance and decommissioning costs. Existing personnel continue to provide day-to-day plant operations, with the additional benefit of sharing ideas and operating experience from all NMC-operated plants for improved safety, reliability and operational performance. May 14, 2003 Monticello and Prairie Island costs It cost $18.30 to generate a megawatt-hour of electricity at Monticello in 2002. The cost here has dropped an average of 2 cents a year in the last eight years. This compares to $20.80 cost at Prairie Island, which has seen rising costs over the period. By comparison, Xcel paid $40.65 per megawatt-hour for power purchased from other sources in 2002, including delivery charges. 2002 costs for maintenance were up for Prairie Island, which had two refueling outages, and down for Monticello, which did not require refueling during calendar year. [Source: David Hanners (Pioneer Press), "Plant repair questioned", St. Paul Pioneer Press, May 14, 2003]
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Plants operated by NMC
Pressurized Water Reactors Kewaunee (note: On July 5, 2005, ownership of Kewaunee changed. NMC announced that "As of July 5, 2005, the Kewaunee Nuclear Power Plant is no longer part of the NMC fleet; it is now owned and operated by a subsidiary of Dominion Resources.") Boiling Water Reactors |