Basic Facts:
- Location: Plymouth, Massachusetts
- Owner / Operator: Holtec International
- Construction Cost: $600M (2018$)
- Plant Output: 680 MW
- Property Size: 1,600 acres
- Employees: 600
- Status: DECON
- Current DTF Balance: $1.0B (2018$)
- DTF Balance Prior to Decommissioning: $640M (2018$)
- Decommissioning Cost Estimate: $640M (2018$)
- Spent Nuclear Fuel on Site: 600 metric tons
Background
The Pilgrim Nuclear Power Station is a 680MW boiling water reactor that first came online in 1972 after four years of construction. In 2012, the plant received a renewal of its operating license extending the licensed life of the plant to 2032. In 2015, and citing economic considerations, plant owners announced their intent to permanently close Pilgrim in 2019.
Decommissioning
In August of 2018, Entergy announced plans to sell the subsidiary that owns Pilgrim, after its shutdown and reactor defueling, to a Holtec International subsidiary for decommissioning. Regulatory approvals of this sale, and a timeline for decommissioning, are pending. The state’s Nuclear Decommissioning Citizens’ Advisory Panel (NDCAP) advises the Governor and educates citizens on activities related to the Pilgrim Nuclear Power Station shut down.
Socioeconomics
Pilgrim Nuclear Power Station plant is located within Plymouth County, Massachusetts. As of 2016:
- Population: 500,000
- Per Capita Annual Income: $64,000
- Unemployment rate (not seasonally adjusted): 3.9%
The Pilgrim Nuclear Power Station pays $9.8M in state and local taxes annually, accounting for approximately 10% of the Town of Plymouth’s total tax revenue. Pilgrim’s annual payroll is approximately $77M including benefits.
Contact Information
Economic Development Administration Representative:
- Debra Beavin, Philadelphia Regional Office, t: (215) 597-8719, e: [email protected]
Nuclear Regulatory Commission
- Diane Screnci, Sr. Public Affairs Officer, t: (610) 337-5330, e: [email protected]
- Pilgrim Nuclear 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
Plymouth keeps unified tax rate. Rate goes down, taxes go up.
Plymouth keeps unified tax rate. Rate goes down, taxes go up.Plymouth’s tax rate is going down, but values and taxes are increasing. PLYMOUTH – The tax rate has gone down, but values and taxes are increasing. The average residential tax bill for Fiscal Year 2020, which begins July 1, will increase approximately $240, according to […]
Read More