nuclear-news

Oyster Creek will be the sixth nuclear power plant to retire in the past five years. After Oyster Creek’s retirement, the United States will have 98 operating nuclear reactors at 59 plants. Twelve of these reactors, with a combined capacity of 11.7 gigawatts, are scheduled to retire within the next seven years.

Oyster Creek is one of four nuclear power plants—along with Palisades Power Plant, Pilgrim Nuclear Power Station, and Three Mile Island Nuclear Generating Station—that have planned retirement dates more than a decade before their operating licenses expire. Economic factors have played a significant role in decisions to continue operating or to retire nuclear power plants, as increased competition from natural gas and renewables has made it increasingly difficult for nuclear generators to compete in electricity markets……..

According to Exelon, Oyster Creek will undergo a six-step decommissioning process. The typical decommissioning period for a nuclear power plant is about 60 years, so parts of the Oyster Creek plant structure could remain in place until 2075. …..https://oilvoice.com/Opinion/22263/Americas-Oldest-Operating-Nuclear-Power-Plant-to-Retire-on-Monday