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Industry News

NRG Files with NRC to Construct New Nuclear Reactors in Texas

LCG, September 25, 2007--NRG Energy, Inc. (NRG) and South Texas Project Nuclear Operating Company (STPNOC) yesterday announced that they will file a Combined Construction and Operating License (COL) Application with the Nuclear Regulatory Commission (NRC) to construct and operate two new nuclear units at the South Texas Project, located about 90 miles southwest of Houston. NRG expects the new units to commence operations in 2014 and 2015.

The combined design capacity of the new units will equal or exceed 2,700 MW. The existing two units are pressurized water reactors, each with a capacity of 1,312 MW. NRG selected the Advanced Boiling Water Reactor (ABWR) technology for the new units. The NRC issued final design certification for the GE ABWR in 1997, allowing it to be used in U.S. projects. The ABWR is a "Generation III" reactor design that is in operation today, with four operating units in Japan and three more approaching completion in Taiwan and Japan.

STPNOC, together with a contracting team led by GE-Hitachi Nuclear Energy and Bechtel, prepared the COL application that was to be filed yesterday. The COL application includes two key components: a safety analysis and an environmental report. NRG anticipates that the NRC process will lead to NRG receiving its license approval such that it could commence construction in 2010.

The site and cooling reservoir were originally designed for four units, and the plans are for the new units to be built adjacent to the existing two units. STPNOC, which currently operates units 1 and 2, will operate the new units.

NRG owns 44 percent of the South Texas Project, and CPS Energy and Austin Energy own 40 percent and 16 percent, respectively. The nuclear expansion is part of NRG's corporate strategy to increase non-carbon emitting generation and reduce its carbon intensity.
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