Exelon Nuclear submits license renewal application for Peach Bottom Atomic Power Station

first_imgSOURCE: Exelon Nuclear NuclearReactors By chloecox – On June 30, 1999, Exelon Nuclear notified the Nuclear Regulatory Commission (NRC) that it intended to file for renewal of the operating licenses for Peach Bottom Units 2 and 3. 7.5.2001 Optimizing Plant Performance: The April POWERGEN+ series activates today Linkedin Peach Bottom is jointly owned by Exelon (46.25 percent), PSEG (46.25 percent) and Conectiv (7.5 percent). The station is operated by the Warrenville, Illinois, based Exelon Nuclear, a division of Exelon Generation headquartered in Kennett Square, PA. Exelon Nuclear operates 17 generation units in three states, making it the largest nuclear generating company in the U.S. and the third largest in the world. TAGSExelon Twitter In 2000, the plant generated the most electricity in its 25-year history, with Unit 2 and 3 producing almost 19-million megawatt hours of electricity, at a capacity factor of 94.2 percent. Peach Bottom also had more than 3.5 million work hours without a lost work-day incident in personnel industrial safety. The Peach Bottom License Renewal Team reviewed more than 100 plant systems and 40,000 plant components and determined that Peach Bottom has solid programs in place to maintain continued safe and reliable operation and maintenance of the plant. The Nuclear Regulatory Commission is expected to take about two years to thoroughly review the license renewal application before determining whether to grant the license extensions. The NRC has approved six license renewals to date, at Calvert Cliffs 1 and 2; Oconee 1, 2 and 3; and Arkansas Nuclear One (ANO-1). “A 20-year extension in Peach Bottom’s operating license is an investment in 2,200 megawatts of clean, emission-free electricity and helps to ensure an economical and reliable source of power for southeastern Pennsylvania for years to come,” said Oliver D. Kingsley, president and chief nuclear officer, Exelon Nuclear. Facebook Previous articleEdge Capital Group to provide energy management, new generation in Vallejo, Calif.Next articleUK power plant purchase launches Calpine into Europe chloecox The company also has holdings in such competitive businesses as energy, infrastructure services and energy services. Exelon is headquartered in Chicago and trades on the NYSE under the ticker EXC. Suitors for halted Bellefonte nuclear project ask TVA to consider climate in reviving sale Peach Bottom provides a positive economic impact to southeastern Pennsylvania. The plant employs 700 full-time Exelon employees and about 200 long-term contractors. The plant conducts business with a variety of local suppliers. Facebook Exelon Nuclear submits license renewal application for Peach Bottom Atomic Power Station RELATED ARTICLESMORE FROM AUTHOR KENNETT SQUARE, Pa., July 2, 2001 — Exelon Nuclear today applied to the Nuclear Regulatory Commission to renew the operating licenses for Peach Bottom Atomic Power Station Units 2 and 3 in York County, Pa. Twitter Linkedin If approved, Unit 2’s license would be extended from 2013 to 2033 and Unit 3’s from 2014 to 2034. Each of Peach Bottom’s two 1,100-megawatt boiling water reactors can produce enough electricity for more than 600,000 homes. A 20-year extension for Peach Bottom is an investment in 2,200 megawatts of electricity — enough to power about 1 million households. The total cost of obtaining the renewed licenses for Peach Bottom will be about $18 million, including the NRC review, or about $8 per kilowatt hour. This compares to a cost of $500 to $1,000 per kilowatt hour to replace that capacity with a new natural gas or coal-fired power plant. Exelon Nuclear also has notified the NRC that it intends to file for license renewal for its Dresden and Quad Cities stations in Illinois. New Jersey utility regulators extend zero-carbon breaks for PSEG nuclear power plants Exelon Corporation is one of the nation’s largest electric utilities with approximately five million customers and more than $15 billion in annual revenues. The company has one of the industry’s largest portfolios of electricity generation capacity, with a nationwide reach and strong positions in the Midwest and Mid-Atlantic. Exelon distributes electricity to approximately five million customers in Illinois and Pennsylvania and gas to 425,000 customers in the Philadelphia area. No posts to displaylast_img read more