Oconee 1, 2 & 3

Basic Facts:

  • Location: Seneca, South Carolina
  • Owner: Duke Energy
  • Operator: Duke Energy
  • Construction Cost: $2.4B (2018$)
  • Plant Output: 2,600 MW (Combined)
  • Property Size: 510 acres
  • Status: Operational
  • Employees: 3,000
  • Expected Shut Down Date: 2033 (Unit 1 & 2), 2034 (Unit 3)
  • Current DTF Balance: $1.4B (2018$)
  • DTF Balance Prior to Decommissioning: $2.0B (2018$)
  • Decommissioning Cost Estimate: $1.3B (2018$)
  • Spent Nuclear Fuel on Site: 2,457 metric tons
Oconee 1, 2 & 3 Photo

Background

The Oconee nuclear power station consists of three pressurized water reactors. Construction began in 1967 with licensed operations commencing in 1973 (Unit 1) and 1974 (Unit 2 & 3).

In 2000, the Nuclear Regulatory Commission granted Oconee a twenty-year license renewal for Units 1, 2 & 3. Their licensed operational life extends to 2033 (Units 1 & 2) and 2034 (Unit 3).

Socioeconomics

The Oconee nuclear power plant is located within Oconee County, South Carolina. As of 2016, socioeconomic information is as follows:

  • Population: 77,000
  • Per Capita Annual Income: $41,000
  • Unemployment rate (not seasonally adjusted): 3.7%

The Oconee nuclear facility and its owners, Duke Energy, contributed approximately $32M in property taxes to Oconee County in 2017. The plant is the county’s largest taxpayer.

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.

(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