Basic Facts:
- Location: Bay City, Texas
- Owner: NRG Energy (44%), City of San Antonio (40%), City of Austin (16%)
- Operator: STP Nuclear Operating Company
- Construction Cost: $14.5B (2018$)
- Plant Output: 2,600 MW (Combined)
- Property Size: 12,00 acres
- Status: Operational
- Employees: 1,200
- Expected Shut Down Date: Unit 1 (2047), Unit 2 (2048)
- Current DTF Balance: $1.0B (2018$)
- DTF Balance Prior to Decommissioning: $1.3B (2018$)
- Decommissioning Cost Estimate: $850M (2018$)
- Spent Nuclear Fuel on Site: 1,412 metric tons
Background
The South Texas nuclear power station consists of two pressurized water reactors. Construction began in 1975 with licensed operations commencing in 1988 (Unit 1) and 1989 (Unit 2).
In 2017 the Nuclear Regulatory Commission granted South Texas a twenty-year license renewal for both units. Their licensed operational life currently extends to 2047 for Unit 1 and 2048 for Unit 2.
Socioeconomics
The South Texas nuclear power plant is located within Matagorda County, Texas. As of 2016, socioeconomic information is as follows:
- Population: 47,000
- Per Capita Annual Income: $41,000
- Unemployment rate (not seasonally adjusted): 5.8%
The South Texas Nuclear Station is one of the largest taxpayers in Matagorda County, paying approximately $75M a year in state and local taxes.
Contact Information
Economic Development Administration Representative:
- Robert Peche, Austin Regional Office, t: (512) 568-7732, e: [email protected]
Economic Development District
Nuclear Regulatory Commission
- Victor Dricks, Sr. Public Affairs Officer, t: (817) 200-1128, e: [email protected]
- South Texas 1, South Texas 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
Constellation Energy to buy stake in Texas nuclear plant in $1.75 bln deal
Constellation Energy to buy stake in Texas power plant in $1.75 bln dealJune 1 (Reuters) – Utility firm Constellation Energy Corp (CEG.O) said on Thursday that it would acquire NRG Energy Inc’s (NRG.N) stake in a nuclear plant in Texas in a deal valued at $1.75 billion. After the transaction, Constellation will be one of […]
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