Brunswick Nuclear Unit Offline Due to Transformer Issue

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Researched by Industrial Info Resources (Sugar Land, Texas). A unit at the Brunswick Nuclear Station went offline last week due to a malfunction in the start-up auxiliary transformer. The power station’s Unit 02, which has a maximum capacity of 895 megawatts, was brought down safely on November 1, 2006. Maintenance crews have been working to restore the transformer and officials are estimating that the unit will resume power on November 9, 2006. The Brunswick Nuclear Station is owned jointly by Progress Energy (NYSE:PGN ) and the North Carolina Eastern Municipal Power Agency. Progress owns 81% while the North Carolina Municipal Power Agency claims the remaining 19% stake in the power plant.

The Brunswick power station consists of two reactor units generating 1,875 megawatts of electricity, sufficient to power one million homes. It is located at the mouth of the Cape Fear River sprawling across 1,200 acres. The units are operated as base load generators and operate at full power continuously except when performing maintenance or refueling activities.

Progress Energy is headquartered in Raleigh, North Carolina and is a Fortune 250 diversified energy company with more than 24,000 megawatts of generation capacity and $10 billion in annual revenues. The company’s holdings include electric utilities serving 3 million customers in North Carolina, South Carolina, and Florida. Progress Energy also includes operations covering merchant generation, energy marketing, and natural exploration.

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