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NRC Approves License Transfer of FitzPatrick Nuclear Plant

https://www.nrc.gov/reading-rm/doc-collections/news/2017/17-008.pdf  The Nuclear Regulatory Commission has approved the transfer of the operating license of the James A. FitzPatrick Nuclear Power Plant in upstate New York from Entergy Nuclear Operations to Exelon Generation Co. The transfer will become effective March 31 once the NRC amends the license to reflect the plant’s new ownership.

Entergy had announced plans to cease operations at FitzPatrick in January, citing unfavorable economic conditions. Exelon agreed to purchase the plant and keep it operating after the New York Public Service Commission approved zero-emission credits for nuclear power plants. The two companies jointly applied for the license transfer on Aug. 18. FitzPatrick is a boiling-water reactor located near the shore of Lake Ontario in Scriba, N.Y., about six miles northeast of Oswego. It is licensed to operate through Oct. 17, 2034. The license transfer includes the generally licensed independent spent fuel storage installation located on the plant grounds.

The NRC staff’s review of the license transfer application concluded that Exelon is financially and technically qualified to conduct the activities under the license, has satisfied the NRC’s decommissioning funding assurance requirements for the facility, and is not owned, controlled, or dominated by a foreign entity.

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March 4, 2017 - Posted by | business and costs, USA

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