Reactor switches to backup after power blip
Nuclear Regulatory Commission spokesman Neil Sheehan said that the automatic switch to diesel generators worked the way it's designed to. He said the reactor, Indian Point 2 in Buchanan, remained at full power. Indian Point 3, the other reactor at the site, was unaffected.
Plant owner Entergy Nuclear said there was no emergency or release of radioactivity.
Sheehan said breakers at a switchyard sensed a fault and opened, cutting off electric power. He said the precise cause was not immediately known.
Entergy spokesman Jerry Nappi said electrical power was restored within about two hours.
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The CIB and private sector partners to invest $1.7 billion in Lake Erie Connector
TORONTO - The Canada Infrastructure Bank (CIB) and ITC Investment Holdings (ITC) have signed an agreement in principle to invest $1.7 billion in the Lake Erie Connector project.
Under the terms of the agreement, the CIB will invest up to $655 million or up to 40% of the project cost. ITC, a subsidiary of Fortis Inc., and private sector lenders will invest up to $1.05 billion, the balance of the project's capital cost.
The CIB and ITC Investment Holdings signed an agreement in principle to invest $1.7B in the Lake Erie Connector project.
The Lake Erie Connector is a proposed 117 kilometre underwater…
