BALTIMORE STANDING TOGETHER: WJZ, The Baltimore Sun & the University of Baltimore will hold town hall meetings to talk about the issues our city is facing. City leaders will share their plans & answer your questions. Be Heard Baltimore. CLICK HERE to contact us with your questions.

BALTIMORE (AP) — A French company is appealing U.S. regulators’ rejection of its bid to build a third reactor at the Calvert Cliffs nuclear power plant in Lusby near the Chesapeake Bay.

The Baltimore Sun reports that UniStar Nuclear Energy asked the Nuclear Regulatory Commission on Monday to overturn the Atomic Safety and Licensing Board’s decision.

The board ruled Aug. 30 that UniStar was ineligible for a reactor operating license because federal law bars foreign ownership of a nuclear plant.

The board gave UniStar 60 days to find a U.S. partner. UniStar’s lawyers say it’s not clear what level of foreign investment is acceptable under the law. They are asking the NRC for clear guidance on measures that can be taken to offset or negate foreign ownership and financing.

(Copyright 2012 by The Associated Press. All Rights Reserved.)


Leave a Reply

Please log in using one of these methods to post your comment:

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

More From CBS Baltimore

Track Weather On The Go With Our App!
CBS All Access

Watch & Listen LIVE