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Public Service Enterprise Group (NYSE:PEG) stated Wednesday it would search federal approval to function New Jersey’s three nuclear energy crops for one more 20 years.
PSEG (PEG) stated it notified the U.S. Nuclear Regulatory Fee of its intent to hunt renewed licenses for the Salem Producing Station Items 1 and a couple of, and the Hope Creek Producing Station.
The corporate stated it plans to file the extension request in Q2 2027 however wanted to alert the NRC far prematurely to permit it to arrange for the evaluation.
If accredited, the licenses for Salem Items 1 and a couple of can be prolonged from 2036 and 2040 to 2056 and 2060, respectively, and Hope Creek station can be prolonged from the present 2046 expiration to 2066, the corporate stated.
New Jersey is making a powerful push for offshore wind, however PSEG’s (PEG) three nuke crops present practically half of the state’s electrical energy, and a licensing extension would offer a possible hedge if wind initiatives will not be ample to satisfy the state’s wants.
Extra on Public Service Enterprise Group
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