Power
Exelon Prepares Early Site Permit for Texas Nuclear Power Station
Exelon Nuclear (Warrenville, Illinois), a division of Exelon Generation (Kennett Square, Pennsylvania), itself a subsidiary of Exelon Corporation (NYSE:EXC) (Chicago, Illinois) is preparing...
Released Wednesday, October 21, 2009
Researched by Industrial Info Resources (Sugar Land, Texas)--Exelon Nuclear (Warrenville, Illinois), a division of Exelon Generation (Kennett Square, Pennsylvania), itself a subsidiary of Exelon Corporation (NYSE:EXC) (Chicago, Illinois), is preparing an early site permit (ESP) for the 2,700-megawatt (MW) to 3,200-MW nuclear power station just south of Victoria, in Victoria County, Texas.
The COL allows a company to build and operate a nuclear power station. The ESP is part of the COL, and once approved it can be put on hold to be used at later date. The ESP is not technology-specific, but simply means that a nuclear station can be built on a specific site. Therefore, either technology could be used for the station, or if desired, other technologies could be implemented. According to Craig Nesbit, Exelon's vice president of communications, Exelon expects to submit the ESP in the next six weeks. The ESP review will take about two years, and as of now, the project is expected to be put on hold pending better economic and market conditions.
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