U.S. Department of Energy Announces First Awards under Advanced Reactor Demonstration Program

LCG, October 16, 2020--The U.S. Department of Energy (DOE) this week announced it has selected two U.S.-based teams to receive $160 million in initial funding under the new Advanced Reactor Demonstration Program (ARDP).

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PSEG Files Application to Extend Zero Emission Certificates (ZECs) for New Jersey's Carbon-Free Nuclear Power Facilities

LCG, October 2, 2020--PSEG yesterday filed applications to extend Zero Emission Certificates (ZECs) for the Salem and Hope Creek nuclear power plants in Salem County in order to preserve New Jersey's largest carbon-free source of electricity and to help New Jersey achieve its clean energy goal of 100 percent carbon-free energy supply by 2050.

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Industry News

NRC Okays Indian Point 3, Fitzpatrick License Transfers

LCG, Nov. 13, 2000--The Nuclear Regulatory Commission said Friday its staff has approved the transfer of the operating licenses for the Indian Point 3 and James A. FitzPatrick nuclear power plants to subsidiaries of Entergy Corp. Both licenses had been held by the Power Authority of the State of New York.

The technical staff's approval becomes effective immediately but, if the commission decides to grant a hearing and rules in favor of any of the petitioners, it could rescind the license transfer approval or modify its terms.

Entergy asked the agency in May to approve the license transfers. Since then, the NRC has received hearing requests from municipalities that purchase power from these utilities, from labor unions, and from a public interest group. Commission review of these requests, which include issues such as decommissioning funding, is pending.

The 965 megawatt Indian Point 3 plant is located in Buchanan, N.Y., about 24 miles north of New York City. Last Thursday, Consolidated Edison Co. of New York agreed to sell the 975 megawatt Indian Point 2 plant at the same site to Entergy, along with the mothballed Indian Point 1. The 780 megawatt James A. FitzPatrick plant is located in the town of Scriba, about eight miles northeast of Oswego, N.Y.

Entergy owns and operates six nuclear reactors at five sites and is also handling the decommissioning of Maine Yankee and Millstone Unit 1.

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