Hope Creek

Basic Facts:

  • Location: Lower Alloways Creek, New Jersey
  • Owner: PSEG
  • Operator: PSEG
  • Construction Cost: $10.3B (2018$)
  • Plant Output: 1,200 MW
  • Property Size: 740 acres
  • Status: At Risk of Closure
  • Employees: 700
  • Expected Shut Down Date: 2046
  • Current DTF Balance: $560M (2018$)
  • DTF Balance Prior to Decommissioning: $1.0B (2018$)
  • Decommissioning Cost Estimate: $1.1B (2018$)
  • Spent Nuclear Fuel on Site: 807 metric tons
Hope Creek Photo

Background

The Hope Creek nuclear power station consists of a single boiling water reactor. Construction began in 1976 with licensed operations commencing in 1986.

In 2011, the Nuclear Regulatory Commission granted Hope Creek a twenty-year operating license renewal. Its licensed operational life extends to 2046.

Socioeconomics

The Hope Creek nuclear power plant is located within Salem County, New Jersey. As of 2016, socioeconomic information is as follows:

  • Population: 63,000
  • Per Capita Annual Income: $47,000
  • Unemployment rate (not seasonally adjusted): 5.1%

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].

(802) 345-7044

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