Basic Facts:
- Location: Town of Two Creeks, Wisconsin
- Owner: NextEra Energy Resources
- Operator: NextEra Energy Resources
- Construction Cost: $718M (2018$)
- Plant Output: 1,200 MW
- Property Size: 1,200 acres
- Status: Operational
- Employees: 600
- Expected Shut Down Date: Unit 1 (2030), Unit 2 (2033)
- Current DTF Balance: $840M (2018$)
- DTF Balance Prior to Decommissioning: $1.1B (2018$)
- Decommissioning Cost Estimate: $900M (2018$)
- Spent Nuclear Fuel on Site: 930 metric tons
Background
The Point Beach nuclear power station consists of two pressurized water reactors. Construction began in 1967 (Unit 1) and 1968 (Unit 2) with licensed operations commencing in 1970 and 1972 respectively.
In 2005, the Nuclear Regulatory Commission granted Point Beach a twenty-year license renewal for both units. Their licensed operational life extends to 2030 for Unit 1 and 2033 for Unit 2.
Socioeconomics
The Point Beach nuclear power plant is located within Manitowoc County, Wisconsin. As of 2016, socioeconomic information is as follows:
- Population: 79,000
- Per Capita Annual Income: $46,000
- Unemployment rate (not seasonally adjusted): 2.5%
The annual payroll for the Point Beach Nuclear Facility is approximately $62M. The plant contributes approximately $7M in property taxes annually.
Contact Information
Economic Development Administration Representative:
- Lee J. Shirey, Chicago Regional Office, t: (312) 789-9751, e: [email protected]
Economic Development District
University Center
Nuclear Regulatory Commission
- Viktoria Mitlyng, Sr. Public Affairs Officer, t: (630) 829-9662, e: [email protected]
- Point Beach 1, Point Beach 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
Point Beach owner seeks to run Wisconsin’s last nuclear plant for 80 years
Point Beach owner seeks to run Wisconsin’s last nuclear plant for 80 yearsThe operator of Wisconsin’s only remaining nuclear power plant wants to keep the 50-year-old plant running through 2050. NextEra Energy submitted an application Monday to the Nuclear Regulatory Commission seeking to add 20 years to the licenses for the Point Beach Nuclear plant […]
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