FE's Nuclear License Extended - Analyst Blog

FirstEnergy Nuclear Operating Co., a subsidiary of FirstEnergy Corp. (FE), received a 20-year license extension for the Beaver Valley Power Station Unit 1 and Unit 2 in Shippingport, Pennsylvania.

The Nuclear Regulatory Commission (NRC) granted the license renewal after thorough inspection and audit of the plant’s safety and environmental programs; the hearing detailed information from Beaver Valley representatives during five public meetings; and review of more than 3,000 pages of supporting documents.
 
FirstEnergy Nuclear Operating Co. (FENOC) submitted a revised license renewal application to the NRC in 2007 for Unit 1 and Unit 2 to operate until 2036 and 2047, respectively. Unit 1's original license was set to expire in 2016 followed by Unit 2 in 2027.
 
Beaver Valley is capable of generating 1,815 megawatts, enabling it to power more than 1.4 million homes. In addition, plant operations prevent the emission of more than 12 tons of carbon dioxide gases annually, an amount equal to what would have been emitted by a similar-sized coal fired power plant. The license extension will enable Beaver Valley will remain an important source of safe, reliable and clean electricity for the region for an extended period, while providing good paying jobs and financial support to the community.

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