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Released August 02, 2024 | SUGAR LAND
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Researched by Industrial Info Resources (Sugar Land, Texas)--Vistra Corporation (NYSE:VST) (Irving, Texas) received approval from the U.S. Nuclear Regulatory Commission (NRC) (Rockville, Maryland) to operate its 2,400-megawatt (MW) Comanche Peak Nuclear Power Plant in Texas through 2053.
Comanche Peak, about 40 miles southwest of Fort Worth, features two pressurized water reactor units that began operating in 1990 and 1993, respectively. The extension--which is the first license renewal for the plant--allows it to operate 20 years beyond its original licensing time frame. The 1,209-MW Unit 1's operational license now will expire February 8, 2050, and the 1,197-MW Unit 2's on February 2, 2053.
Vistra applied for the extension in October 2022.
Industrial Info is tracking planned 30-day refueling outages on the two units: Unit 2 in the fourth quarter this year, and Unit 1 in second-quarter 2025. Subscribers to Industrial Info's Global Market Intelligence (GMI) Power Project and Plant databases can read detailed reports on the Unit 2 and Unit 1 refueling projects, and click here for a plant profile on the Comanche Peak plant.
For more information on Vistra's projects as well as its May acquisition of Energy Harbor, which operated the second-largest non-regulated nuclear fleet in the U.S., see May 9, 2024, article - Vistra Expands Role Across Multiple Power-Generation Sources.
"With demand for electricity growing at a rapid pace, reliable sources of power, like Comanche Peak, are going to be absolutely essential to meeting that need," said Jim Burke, president and chief executive officer of Vistra, in a press release announcing the NRC's approval. "Importantly, this demand growth is happening at the same time as the country is transitioning to cleaner energy sources and many fossil plants are retiring. Electricity is one of the most basic building blocks of the economy, and extending the operation of our nuclear fleet provides decades of support for both existing and growing sectors."
According to the press release, Vistra's Beaver Valley Nuclear Power Plant units 1 and 2 in Pennsylvania are licensed through 2036 and 2047, and the Davis-Besse plant in Ohio is licensed through 2037. The Perry Nuclear Power Plant in Ohio filed its application for renewal in 2023 and is currently in the NRC review process. Subscribers can read profiles for the Beaver Valley, Davis-Besse and Perry nuclear plants.
While the NRC is reviewing the application for Vistra's Perry nuclear plant, the agency recently indicated it plans to extend the operational license for another U.S. nuclear plant.
On July 26, the agency published its final environmental impact statement (EIS) for the proposed second license renewal for Dominion Energy Incorporated's (NYSE:D) (Richmond, Virginia) North Anna nuclear power plant in Virginia, noting in a related press release that "there are no adverse environmental impacts to preclude the renewal of North Anna's operating licenses for an additional 20 years."
Dominion aims to extend the two-unit plant's operations from 60 to 80 years: The license for the 920-MW Unit 1 currently expires in April 2038, and the 979-MW Unit 2 in August 2040. Subscribers can click here for a North Anna plant profile.
In the EIS report, the NRC said it would "make its final recommendation on North Anna's SLR [subsequent license renewal] application in a Record of Decision to be issued following issuance of this final site-specific EIS," but did not provide a specific date.
Industrial Info Resources (IIR) is the leading provider of industrial market intelligence. Since 1983, IIR has provided comprehensive research, news and analysis on the industrial process, manufacturing and energy related industries. IIR's Global Market Intelligence (GMI) helps companies identify and pursue trends across multiple markets with access to real, qualified and validated plant and project opportunities. Across the world, IIR is tracking over 200,000 current and future projects worth $17.8 Trillion (USD).
Comanche Peak, about 40 miles southwest of Fort Worth, features two pressurized water reactor units that began operating in 1990 and 1993, respectively. The extension--which is the first license renewal for the plant--allows it to operate 20 years beyond its original licensing time frame. The 1,209-MW Unit 1's operational license now will expire February 8, 2050, and the 1,197-MW Unit 2's on February 2, 2053.
Vistra applied for the extension in October 2022.
Industrial Info is tracking planned 30-day refueling outages on the two units: Unit 2 in the fourth quarter this year, and Unit 1 in second-quarter 2025. Subscribers to Industrial Info's Global Market Intelligence (GMI) Power Project and Plant databases can read detailed reports on the Unit 2 and Unit 1 refueling projects, and click here for a plant profile on the Comanche Peak plant.
For more information on Vistra's projects as well as its May acquisition of Energy Harbor, which operated the second-largest non-regulated nuclear fleet in the U.S., see May 9, 2024, article - Vistra Expands Role Across Multiple Power-Generation Sources.
"With demand for electricity growing at a rapid pace, reliable sources of power, like Comanche Peak, are going to be absolutely essential to meeting that need," said Jim Burke, president and chief executive officer of Vistra, in a press release announcing the NRC's approval. "Importantly, this demand growth is happening at the same time as the country is transitioning to cleaner energy sources and many fossil plants are retiring. Electricity is one of the most basic building blocks of the economy, and extending the operation of our nuclear fleet provides decades of support for both existing and growing sectors."
According to the press release, Vistra's Beaver Valley Nuclear Power Plant units 1 and 2 in Pennsylvania are licensed through 2036 and 2047, and the Davis-Besse plant in Ohio is licensed through 2037. The Perry Nuclear Power Plant in Ohio filed its application for renewal in 2023 and is currently in the NRC review process. Subscribers can read profiles for the Beaver Valley, Davis-Besse and Perry nuclear plants.
While the NRC is reviewing the application for Vistra's Perry nuclear plant, the agency recently indicated it plans to extend the operational license for another U.S. nuclear plant.
On July 26, the agency published its final environmental impact statement (EIS) for the proposed second license renewal for Dominion Energy Incorporated's (NYSE:D) (Richmond, Virginia) North Anna nuclear power plant in Virginia, noting in a related press release that "there are no adverse environmental impacts to preclude the renewal of North Anna's operating licenses for an additional 20 years."
Dominion aims to extend the two-unit plant's operations from 60 to 80 years: The license for the 920-MW Unit 1 currently expires in April 2038, and the 979-MW Unit 2 in August 2040. Subscribers can click here for a North Anna plant profile.
In the EIS report, the NRC said it would "make its final recommendation on North Anna's SLR [subsequent license renewal] application in a Record of Decision to be issued following issuance of this final site-specific EIS," but did not provide a specific date.
Industrial Info Resources (IIR) is the leading provider of industrial market intelligence. Since 1983, IIR has provided comprehensive research, news and analysis on the industrial process, manufacturing and energy related industries. IIR's Global Market Intelligence (GMI) helps companies identify and pursue trends across multiple markets with access to real, qualified and validated plant and project opportunities. Across the world, IIR is tracking over 200,000 current and future projects worth $17.8 Trillion (USD).