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FirstEnergy Files Letter With NRC Affirming Plans To Deactivate Beaver Valley, 2 Other Nuclear Power Plants
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FirstEnergy Solutions Wednesday announced it has filed a Certification Letter with the U.S. Nuclear Regulatory Commission formally notifying the Commission of its decision to permanently deactivate its nuclear power plants – two in Ohio and a third in Pennsylvania – over the next three years, citing "severe economic challenges." The letter affirms the Company's March 28, 2018, notification to PJM Interconnection, the regional transmission organization, as well as its initial, informal notification to the NRC. The plant closures are subject to review by PJM for reliability impacts, if any. In the interim, the plants will continue normal operations. "We are actively seeking policy solutions at the state and federal level as an alternative to retiring these plants, which we believe still have a crucial role to play in the reliability and resilience of our regional grid," said Don Moul, president of FES Generation Companies and chief nuclear officer. "What also is at stake for the region is 4,048 megawatts of zero-emission baseload generating capacity, an all but irreplaceable resource," he added. "As early as mid-2019, we will begin facing decisions on each of these plants as to whether to refuel them or shut them down. Absent legislative or regulatory relief, we cannot continue to operate the plants on their current uneconomic basis." FES, its subsidiaries and FirstEnergy Nuclear Operating Company on March 31, 2018, filed petitions under Chapter 11 of the Federal Bankruptcy Code in order to facilitate an orderly financial restructuring. The case is proceeding in U.S. Bankruptcy Court for the Northern District of Ohio, in Akron. The retirement schedule of the nuclear plants is as follows: -- Davis-Besse Nuclear Power Station, Oak Harbor, Ohio, by May 31, 2020 -- Beaver Valley Power Station Unit No. 1, Shippingport, Pa., by May 31, 2021 -- Perry Nuclear Power Plant, Perry, Ohio, by May 31, 2021 -- Beaver Valley Power Station Unit No. 2, Shippingport, Pa., by October 31, 2021 The closure of the plants will affect about 2,300 plant employees. The total capacity of the nuclear plants to be deactivated is 4,048 megawatts (MW). In 2017, the nuclear units contributed approximately 65 percent of the electricity produced by the FES generating fleet. The two nuclear plants in Ohio represent 14 percent of the state's overall generation capacity; the Beaver Valley units represent 7 percent of Pennsylvania's overall generation capacity. (Photo: Beaver Valley Nuclear Power Plant.) NewsClips: Legere: Report: Nuclear Plant Retirements Would Erase Decades Of Clean Energy Progress Crable: As State Help Fades For 2 Nuclear Plants, Will Trump Attempt Rescue? Frazier: As Nuclear Power Loses Ground To Natural Gas, Environmentalists Are Torn Locals Reflect On Three Mile Island Disaster, Closure Op-Ed: Training Nuclear Engineers For Jobs That Don’t Exist Op-Ed: FirstEnergy Emergency Order Request A Bigger Deal Than You Think, NRDC Editorial: No Energy Emergency On Coal, Nuclear Power Plants FirstEnergy Reaches Agreement With Creditors On Bankrupt Subsidiaries Cutting Loose Generation Lifts Earnings For FirstEnergy Related Stories: FirstEnergy Files Deactivation Notice For 3 Nuclear Power Plants In Ohio, Pennsylvania FirstEnergy Seeks Emergency Federal Order To Avert Shutdown Of Nuclear, Coal Plants FirstEnergy Generation Files For Bankruptcy Just Before Midnight Exelon Sets Goal Of Further Reducing Greenhouse Gas Emissions By 15% By 2022 PECO Receives Energy Star Partner Of The Year - Sustained Excellence Award [Posted: April 25, 2018] |
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4/30/2018 |
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