Basic Facts:
- Location: Shippingport, Pennsylvania
- Owner: PPL & Ohio Edison
- Operator: First Energy Nuclear
- Construction Cost: $10.4B (2018$)
- Plant Output: 1,900 MW (combined)
- Property Size: 450 acres
- Status: At risk of closure
- Employees: 800
- Expected Shut Down Date: 2021
- Current DTF Balance: $700M (2018$)
- DTF Balance Prior to Decommissioning: $1.2B (2018$)
- Decommissioning Cost Estimate: $1.3B (2018$)
- Spent Fuel On Site: 1,217 metric tons
Background
The Beaver Valley Power Station consists of two pressurized water reactors that together produce 1,900 MW of electricity. Construction of Unit 1 began in 1970 with construction of Unit 2 beginning four years later. NRC granted operating licenses for Unit 1 and Unit 2 in 1976 and 1987 respectively. Both units received operating license renewals in 2009.
Citing economic conditions, the plant’s owners announced their intention to permanently shut down Beaver Valley Nuclear Power Station in 2021.
Socioeconomics
The Beaver Valley Nuclear Power Station is located within Beaver County, Pennsylvania. As of 2016:
- Population: 170,000
- Per Capita Annual Income: $44,000
- Unemployment rate (not seasonally adjusted): 5.5%
The Beaver Valley plant pays upwards of $4 million in local and state taxes with a direct payroll of approximately 800, making it the area’s fifth largest employer and one of the county’s largest taxpayers.
Contact Information
Economic Development Administration Representative:
- Christopher Casper, Philadelphia Regional Office, t: (215) 597-1074, e: [email protected]
Economic Development District
University Center
Nuclear Regulatory Commission:
- Diane Screnci, Sr. Public Affairs Officer, t: (610) 337-5330, e: [email protected]
- Beaver Valley 1 and Beaver Valley 2
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
Company to keep Beaver Valley Power Station open, credits Wolf action
Company to keep Beaver Valley Power Station open, credits Wolf actionOwners of the Beaver Valley Nuclear Power Station, which was slated to close next year, have now agreed to keep the facility operating. SHIPPINGPORT – Owners of the Beaver Valley Nuclear Power Station, which was slated to close next year, have now agreed to keep […]
Read MoreFirstEnergy Solutions gets OK to transfer nuclear licenses
FirstEnergy Solutions gets OK to transfer nuclear licenses It looks like the next incarnation of FirstEnergy Solutions (FES) will have licenses to operate the Davis-Besse, Perry and, for now at least, the Beaver Valley nuclear plants, once the company exits its Chapter 11 bankruptcy. The company will operate under a new name, Energy Harbor, while […]
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