Waterford 3

Basic Facts:

  • Location: Killona, Louisiana
  • Owner: Entergy Louisiana
  • Operator: Entergy Nuclear
  • Construction Cost: $6.7B (2018$)
  • Plant Output: 1,200 MW
  • Property Size: 3,000 acres
  • Status: Operational
  • Employees: 650
  • Expected Shut Down Date: 2044
  • Current DTF Balance: $450M (2018$)
  • DTF Balance Prior to Decommissioning: $600M (2018$)
  • Decommissioning Cost Estimate: $510M (2018$)
  • Spent Nuclear Fuel on Site: 782 metric tons
Waterford 3 Photo

Background

The Waterford nuclear power station consists of one two-loop pressurized water reactor. Construction began in 1974 with licensed operations commencing in 1985.

In 2019, the Nuclear Regulatory Commission granted a twenty-year license renewal for Waterford 3, extending its licensed operational life to 2044.

Socioeconomics

The Waterford nuclear power plant is located within St. Charles Parish, Louisiana. As of 2016, socioeconomic information is as follows:

  • Population: 53,000
  • Per Capita Annual Income: $46,000
  • Unemployment rate (not seasonally adjusted): 5.0%

The Waterford nuclear plant is the largest taxpayer in St. Charles Parish, contributing upwards of $22M per year in property taxes based on the assessed value of its plant. Following a tax revision in 2018, the Parish will gain an additional $6M in annual revenues.

Contact Information

Economic Development Administration Representative:

Economic Development District

University Center

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].

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