Vistra this week completed its acquisition of Energy Harbor Corp., a move the company announced almost exactly a year ago with a $3.43 billion price tag.
Another calendar year has passed. Before heading too far into 2024, let’s look back at what happened in 2023 in the nuclear community. In today's post, compiled from Nuclear News and Nuclear Newswire are what we feel are the top nuclear news stories from January through March 2023.
Stay tuned for the top stories from the rest of the past year.
The Nuclear Regulatory Commission has approved the transfer of the operating licenses for four reactors and their associated spent fuel storage facilities from Energy Harbor Nuclear Corporation to Vistra Operations Company, the agency announced September 29.
In a filing Monday with the Federal Energy Regulatory Commission, Vistra Corporation committed to divesting itself of two power generation assets to help alleviate concerns over its proposed acquisition of Energy Harbor.
The Department Justice earlier this week filed comments with the Federal Energy Regulatory Commission regarding Vistra Corporation’s proposed acquisition of Energy Harbor, the Ohio-based owner and operator of the Beaver Valley, Davis-Besse, and Perry nuclear plants. Echoing misgivings raised in June by PJM Interconnection’s market monitor Monitoring Analytics regarding the possible exercise of undue market power as a result of the deal, the DOJ Antitrust Division’s 16-page document urges FERC to carefully review the proposal to ensure it will not substantially lessen competition and increase wholesale electricity prices in the PJM region.
Energy Harbor has filed its initial license renewal application for the Perry nuclear power plant, requesting an additional 20 years of operation for the facility, the Nuclear Regulatory Commission announced yesterday. Dated July 3, the 2,427-page application is now available on the agency’s website.
The Nuclear Energy Institute—along with Constellation, Energy Harbor, PSEG, and Vistra—submitted a 19-page letter on May 24 to the Treasury Department and Internal Revenue Service, taking issue with April 10 comments to those agencies from the Clean Air Task Force (CATF) and Natural Resources Defense Council (NRDC) concerning the Inflation Reduction Act’s clean hydrogen production tax credit (Internal Revenue Code sec. 45V). (The Treasury and the IRS released a notice last November requesting public input on the credit’s implementation.)
Texas-based Vistra Corporation, owner of the Comanche Peak nuclear plant, has announced a $3.43 billion deal to acquire Energy Harbor, the Ohio-based owner and operator of the Beaver Valley, Davis-Besse, and Perry nuclear facilities.
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The Nuclear Regulatory Commission has docketed Vistra Corporation’s license renewal application for the Comanche Peak reactors.
Operated by Vistra subsidiary Luminant and located in Glen Rose, Texas, the Comanche Peak plant is home to two pressurized water reactors. The original 40-year licenses for Units 1 and 2 expire in February 2030 and February 2033, respectively.
Vistra Corporation announced yesterday that it is seeking 20-year life extensions for its Comanche Peak reactors and has submitted an application for license renewals to the Nuclear Regulatory Commission.
Operated by Vistra subsidiary Luminant and located in Glen Rose, Texas, Comanche Peak is home to two Westinghouse-supplied pressurized water reactors. The 1,218-MWe Unit 1 began commercial operation in August 1990, with the 1,207-MWe Unit 2 joining in August 1993. The original 40-year licenses for Units 1 and 2 expire in February 2030 and February 2033, respectively.