June 30, 2011 / 8:38 PM / in 7 years

UPDATE 1-US NRC renews PSEG NJ Salem reactor license

(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. ----------------------------------------------------------- PLANT BACKGROUND/TIMELINE   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    TIMELINE:    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
           Permit 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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