As expected, PSEG Nuclear received 20-year operating license extensions from the federal Nuclear Regulatory Commission on Thursday for its generation units in Salem.
PSEG filed for the extension in August 2009 in anticipation of Unit 1’s 40-year license expiring in 2016. Unit 2’s initial license was set to expire in 2020. The reactors are now licensed through 2036 and 2040, respectively.
Concerns about nuclear power safety were raised after the March disaster at the Fukushima plant, in Japan, but PSEG responded with statements assuring the public that all of the nuclear plants in New Jersey operated by PSEG were protected against natural disasters.
According to a statement released by PSEG Nuclear, the company has invested $525 million in upgrades and enhancements on the two Salem reactors.
PSEG also is waiting for the NRC to renew the license for the Hope Creek Generating Station, and is expecting a decision within the next few weeks.
According to a PSEG announcement, more than 50 percent of New Jersey’s electricity comes from nuclear power, and the 740-acre site in Salem County generates enough power for 3 million homes daily. The utility has applied for an early site permit in order to explore the possibility of adding a fourth generating station in Salem County. PSEG says it expects a decision late in 2013.
