Southern California Edison (AMEX: SCE) is considering proposing an amendment to its operating license with the Nuclear Regulatory Commission that would allow the San Onofre Nuclear Generating Station to power back on before the peak demand of summer. The two reactors at the plant have been offline since January 2012 and Edison has been pressing the NRC to allow a restart since October.
If SCE pursues the amendment, it will submit a "No Significant Hazards Consideration" analysis demonstrating that the license amendment does not involve any significant safety risks. Regardless of whether an amendment or SCE's 100 percent power operational assessment is approved, SCE will only operate Unit 2 at 70 percent power for an initial period of five months, following which the unit will be shut down for steam generator tube inspections.
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