Basic Facts:
- Location: Forked River, New Jersey
- Owner: Exelon
- Operator: Exelon
- Construction Cost: $600M (2018$)
- Plant Output: 620 MW
- Property Size: 800 acres
- Status: Decommissioning
- Current DTF Balance: $930M (2018$)
- DTF Balance Prior to Decommissioning: $980M (2018$)
- Decommissioning Cost Estimate: $1.2B (2018$)
- Spent Nuclear Fuel on Site: 707 metric tons
Background
The Oyster Creek Generating Station 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. In September 2018, Exelon ceased operations at Oyster Creek and the plant was permanently shut down.
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): 4.3%
During operations, the Oyster Creek Generating Station employed 450 people with an annual payroll of approximately $70M. In 2017, the plant contributed $2.5M in property tax payments.
Contact Information
Economic Development Administration Representative:
- Edward Hummel, Philadelphia Regional Office, t: (215) 316-2124, e: [email protected]
Nuclear Regulatory Commission Contact
- Diane Screnci, Sr. Public Affairs Officer, t: (610) 337-5330, e: [email protected]
- Oyster Creek Generating Station
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
Lacey vote leaves Oyster Creek nuke waste in limbo
Asbury Park PressNo Description
Read MoreLocal Mayor Appointed to Oyster Creek Safety Board
Local Mayor Appointed to Oyster Creek Safety Board SOUTHERN OCEAN COUNTY, NJ – Lacey Township Mayor Steven Kennis joins a select group of state officials this month as the newest member of the Oyster Creek Safety Advisor Panel. Governor Phil Murphy appointed Kennis to the panel led by New Jersey Department of Environmental Protection Commissioner […]
Read MoreOyster Creek Won’t Become Repository For Other States: Officials
Oyster Creek Won’t Become Repository For Other States: Officials LACEY, NJ – As Holtec International applies to expand its spent-fuel storage area at the site of the shuttered Oyster Creek Generating Station, the public has speculated that the decommissioning company intends to make the location a storage site for other closed plants. A member of […]
Read MoreLacey board postpones Oyster Creek hearing
Lacey board postpones Oyster Creek hearing Above: The USA TODAY Network investigates the impacts of closing nuclear power plants. LACEY – Faced with a crowd too large to fit within the municipal building and still comply with state orders on indoor gatherings, the Planning Board postponed a hearing on Monday about nuclear waste storage at […]
Read MoreJudge Orders Decommissioning Temporarily Halted at Former Nuclear Plant
https://www.thesandpaper.net/articles/judge-orders-decommissioning-temporarily-halted-at-former-nuclear-plant/
Read MoreStill No Future For Oyster Creek
Still No Future For Oyster Creek | Jersey Shore Online LACEY – Although it’s been nearly a year since the Oyster Creek Nuclear Generating Station was shuttered after more than five decades of operation, there won’t be any new businesses on the site for quite some time. That’s because it will take eight years for […]
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