Canadian Manufacturing

Owner of U.S.’s oldest nuke plant files US$1.4B closing plan

by The Associated Press   

Cleantech Canada
Operations Risk & Compliance Energy

After first coming online in 1969, the Oyster Creek plant near Philadelphia is, pending approval, being retired. It will cost US$1.4 billion and take 60 years to shut down

LACEY TOWNSHIP, N.J.—The owner of the nation’s oldest nuclear power plant says it will cost US$1.4 billion and take 60 years to shut down a site due to close in October.

Chicago-based Exelon Generation recently filed its plan for the Oyster Creek plant. It will now be reviewed by the Nuclear Regulatory Commission, which must give its approval.

If the plan is accepted, the plant shutdown and defueling would start Sept. 17 and finish Sept. 30. That would be followed by about 1.5 years of preparation for 55 years of dormancy, a time when spent fuel rods would be stored in wet pools for five years, then moved to dry storage and ultimately removed to a federally approved facility.

Oyster Creek is located in Lacey Township, about 60 miles (96 kilometres) east of Philadelphia.



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