LACEY TOWNSHIP, N.J. (AP) — For the second time in as many months, the U.S. Nuclear Regulatory Commission has fined the owners of a former New Jersey nuclear power plant for security-related violations.
The agency said Wednesday it fined Jupiter, Florida-based Holtec Decommissioning International $50,000 for security violations at the former Oyster Creek nuclear power plant in the Forked River section of Lacey Township.
The plant was one of the oldest in the U.S. when it shut down in 2018.
The fine involved a company employee working as an armorer at the plant.
In an investigation that concluded in March 2021, the NRC determined the armorer “deliberately failed to properly perform required annual material-condition inspections of response unit rifles, and falsified related records.”
The plant has several fortified bunkers from which armed security staff can fight off attackers.
The NRC said the violation was the work of “a now-former security superintendent.”
The fine is separate from a $150,000 penalty the NRC imposed on Holtec in December for different security-related violations that neither the NRC nor the company would detail, citing the sensitivity of the matter.
Asked for comment by The Associated Press on Wednesday, Holtec issued the same statement it issued in December for the previous fine.
“Protecting the security and safety of the public is the number one priority of Holtec International at all our facilities,” both statements read. “We have taken steps to address the concerns and overall security performance at Oyster Creek and shared those learnings with our fleet to prevent a reoccurrence.
“The NRC has determined that the overall security program at the plant remains effective,” it read. “We take these issues very seriously and reviewed and acted on the NRC’s violation findings.”
Company spokesperson Joe Delmar said Holtec could not comment beyond its statement.
Corrective actions agreed to by Holtec include making the corporate security director a standalone position; the use of external experts to conduct independent assessments of security at Oyster Creek and other Holtec-owned decommissioning nuclear power plants; and the implementation of training and communications related to the issue, the NRC said.
Jeff Tittel, the retired president of the Sierra Club’s New Jersey chapter, faulted the agency for failing to impose a more severe penalty.
“NRC really stands for ‘no real consequences,’” he said. “NRC is supposed to be the cop on the beat, and when you catch someone doing violations that could lead to catastrophic consequences and you let them off with a slap on the wrist, it sends the message that you can continue to break the rules almost with impunity.”
Follow Wayne Parry on Twitter at https://twitter.com/WayneParryAC.
7 Cyclical Stocks That Make Sense In a Volatile Market
Despite many predictions of an imminent, and possibly severe, market correction, 2021 has been a great year for investors. And that’s particularly true for investors who invested in cyclical stocks. This group of stocks was hit hard as the economy ground to a halt. This makes sense because cyclical stocks move in the direction of the broader economy.
But that’s also why, almost immediately, many of these stocks began to come back. And with the economy reopening, these stocks continue to show strength.
Cyclical stocks are commonly dividend into companies that manufacture durable goods, non-durable goods, or deliver services. At any given time, one or more of these sectors has outperformed others. But for the most part investors that bought into cyclical stocks continue to be rewarded.
In this presentation, we’ll take a look at seven cyclical stocks that are proving to be resilient even as the market continues to baffle even the most experienced investors.
View the “7 Cyclical Stocks That Make Sense In a Volatile Market”.