UPDATE 1-US NRC renews PSEG NJ Salem reactor license

Thu Jun 30, 2011 4:38pm EDT

(Adds details from release)
 June 30 (Reuters) - The U.S. Nuclear Regulatory Commission
(NRC) said on Thursday it renewed the operating license for the
3,531-megawatt Salem units 1 and 2 at the Hope Creek-Salem
nuclear power plant in New Jersey, for an additional 20 years,
to 2036 and 2040, respectively.
 The license renewal comes after safety and environmental
reviews of the application submitted by the plant's operator,
PSEG Nuclear, LLC in Aug 2009, the NRC said.
 The NRC is also expected to announce a decision regarding
the license renewal of PSEG Nuclear's Hope Creek generating
station within the next few weeks.
 The operator said NRC's decision on the early site permit
for its additional nuclear plant in Salem county was not
expected until late 2013.
 The Salem licenses represent the 69th and 70th reactor
licenses renewed by the NRC.
 The NRC renewed two licenses this week, including that of
Xcel Energy Inc's (XEL.N) 1096-megawatt Units 1 and 2 at the
Prairie nuclear power station in Minnesota. [ID:nL3E7HS2MA]
 The NRC uses the renewal process to determine how an
operator will manage the aging of a reactor. It is a two-step
process that includes safety and environmental reviews.
PROVINCE:     New Jersey   
COUNTY:       Salem   
TOWN:         Salem along the Delaware River about 40 miles
           (60 km) south of Philadelphia   
OPERATOR:     PSEG's PSEG Nuclear   
OWNER(S):     - Salem 1 & 2 - PSEG (57.41 pct)   
                         - Exelon (EXC.N) (42.59 pct)   
           - Hope Creek  - PSEG (100 pct)   
CAPACITY:     3,531 MW   
UNIT(S):      - Hope Creek - 1,161-MW General Electric boiling
             water reactor  
           - Salem 1 - 1,174-MW Combustion Engineering  
             pressurized water reactor   
           - Salem 2 - 1,158-MW Combustion Engineering   
             pressurized water reactor   
           - 38 MW Salem 3 - gas turbine  
FUEL:         Nuclear; Kerosene (Unit 3)   
DISPATCH:     Baseload   
COST:         Salem 1 and 2 - $1.3 billion   
           Hope Creek - $4.3 billion. Hope Creek was   
           originally designed for two reactors but as   
           costs rose the utility and state decided not to
           pursue the second unit. The state also believed
           there was not enough demand to warrant the   
           second unit   
1968 -        Salem construction started   
1971 -        Salem 3 gas turbine enters service   
1974 -        Hope Creek construction started.   
1977 -        Salem 1 enters commercial service   
1981 -        Salem 2 enters commercial service   
1986 -        Hope Creek enters commercial service   
2007 -        PSEG says to spend about $50 million from   
           2007-2011 to explore a possible new reactor at
           Hope Creek   
2009 -        PSEG files with NRC to renew the original  
           40-year operating licenses at Salem and Hope
           Creek for an additional 20 years   
2010 -        PSEG files with NRC for an Early Site Permit
           (ESP) for a new reactor at Hope Creek   
2011 -        NRC renews licenses of units 1 and 2 for
           additional 20 years
2012 -        NRC expects to decide on the Hope Creek Early
           Site Permit  
2013 -        NRC expects to decide on the Salem Early Site
2026 -        Hope Creek license to expire
2036 -        Salem 1 license to expire  
2040 -        Salem 2 license to expire   
 (Reporting by Naveen Arul in Bangalore) 

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