A steam type explosion in a reactor will occur if the plant is running at high power and there is something like a loss of coolant flow and the reactor doesn't trip right away...the reactor would heat the water very fast and explode. Of course, when they blow all their water out, the reactor shuts itself down and can't be cooled anymore. This is why we have emergency systems available to flood the core--wjhich appear to be unavailable in this plant right now. The steam explosion type thing--but not exactly the same-- happened at SL-1 in Idaho a long time ago--that reactor set the high jump record. Commercial reactors really can't have the same type of problem as they won't go prompt critcal and hit several thousand percent power...this happened at Chernobyl due to its terrible design.
A commercial plant can have a steam line break which is very nasty as it releases a bunch of energy quickly...but has also never occured...thank the ASME for that.
http://en.wikipedia.org/wiki/SL-1
glenn