Arkansas 1 & 2

Basic Facts:

  • Location: Clark Township, Arkansas
  • Owner: Entergy Arkansas
  • Operator: Entergy Nuclear
  • Construction Cost: $3.1B (2018$)
  • Plant Output: 1,800 MW (combined)
  • Property Size: 1,100 acres
  • Status: Operational
  • Employees: 900
  • Expected Shut Down Date: Unit 1 (2034), Unit 2 (2038)
  • Projected DTF Balance at Shut Down: $1.4B (2018$)
  • Decommissioning Cost Estimate: $1.0B (2018$)
  • Spent Nuclear Fuel on Site: 1,494 tons
arkansas 1 and 2

Background

The Arkansas nuclear power station consists of two pressurized water reactors.  Construction began in 1968 with licensed operations commencing in 1974.

In 2001 (for Unit 1) and 2005 (for Unit 2), the Nuclear Regulatory Commission granted each reactor a twenty-year license renewal, extending their licensed operational life to 2034 and 2038 respectively.

Socioeconomics

The Arkansas nuclear power plant is located within Pope County, Arkansas.  As of 2016, socioeconomic information is as follows:

  • Population: 68,000
  • Per Capita Annual Income: $33,000
  • Unemployment rate (not seasonally adjusted): 4.4%

The Arkansas nuclear power plant employs 900 workers who receive an annual payroll of approximately $93 million.  Then plant annually pays upwards of $8 million in state and local taxes.

Contact Information

Economic Development Administration Representative:

Economic Development District

Nuclear Regulatory Commission

Unless specific costing information has been provided, decommissioning costs were derived from 2017 Decommissioning Funding Status Report.
Information herein obtained from public sources. Corrections are welcome and may be directed to [email protected].

Additional Information

No recent news about this plant. Try a search for other related news below.

Basic Facts:

  • Location: Lacey Township, New Jersey
  • Owner: Exelon
  • Construction Cost: $600M (2018$)
  • Plant Output: 620 MW
  • Facility Size: 770 acres
  • Status: Shut Down (September 2018)
  • Employees: 500 (during operations)
  • DTF Balance at Shut Down: $900M (2018$)
  • Decommissioning Cost Estimate: $1,200M (2018$)
oyster creek

Background

Oyster Creek first came online in 1969, received a license renewal from the NRC in 2009 and was licensed to operate until 2029. In 2011, Exelon informed the NRC that in 2019 the plant would permanently cease power operations due to economic considerations. To that end, the plant’s Post-Shutdown Decommissioning Activities Report was submitted to the NRC in May of 2018. In October 2018, Exelon ceased operations at Oyster Creek and the plant was operationally closed.

Decommissioning

In July of 2018, Exelon announced a decommissioning agreement with Holtec International. Under the terms of the agreement, Holtec will assume ownership of the site, real property and spent nuclear fuel. In addition, and as the site’s owner, Holtec will manage all site decommissioning and restoration activities. The agreement is subject to regulatory approvals.

Socioeconomics

The Oyster Creek nuclear power plant is located within Ocean County, New Jersey.  As of 2016:

  • Population: 600,000
  • Per Capita Annual Income: $32,000
  • Unemployment rate (not seasonally adjusted): 3%

During operations, the plant annually contributed approximately $2.3M in property taxes and $11.1M in Energy Tax Receipts to the local municipality.

Contact Information

Economic Development Administration Representative:

Nuclear Regulatory Commission Contact

Unless specific costing information has been provided, decommissioning costs were derived from 2017 Decommissioning Funding Status Report.
Information herein obtained from public sources. Corrections are welcome and may be directed to [email protected].

(802) 345-7044

Connect

Blog

Contact

Download our

free report

Discover tools and information for improving project outcomes and
catalyzing economic recovery

Scroll to Top