Exelon Seeks Operating License Extensions for Peach Bottom Nuclear Plant

Peach Bottom nuclear plant

Exelon (NYSE: EXC) announced that it is seeking a 20-year operating license extension for the Peach Bottom nuclear plant in Pennsylvania from the U.S. Nuclear Regulatory Commission.

This would be the second 20-year extension requested for the dual-unit plant. Peach Bottom’s current licenses expire in 2033 and 2034. If approved, they won’t expire until 2053 and 2054. Exelon will file the formal application in 2018, with a decision expected by 2020 or 2021. The NRC’s renewal process takes several years and requires a comprehensive review of the plant’s robust design and multiple, redundant safety systems, as well as a public comment period.

The plant employs more than 800 full-time workers, and annual refueling outages bring more than 2,500 additional workers to the site. Both boiling water reactors have been in operation since 1974.

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