The Hope Creek and Salem nuclear power plants. (Photo: PSE&G)
PSEG Nuclear LLC announced this week it will pursue subsequent license extensions to keep the three reactors at its Hope Creek and Salem plants operating for an additional 20 years. Both plants had been granted initial life extensions years ago by the Nuclear Regulatory Commission, Salem-1 and -2 on June 30, 2011, and Hope Creek on July 20, 2011.
The Holtec technology and manufacturing campus in Camden, N.J. (Photo: Holtec)
Holtec International has agreed to pay $5 million in penalties to the state of New Jersey to avoid criminal prosecution over $1 million in tax credits that the company, along with Singh Real Estate Enterprises (SRE), sought in 2018. Holtec has also agreed to retain an independent reviewer approved by New Jersey to monitor future applications for state benefits.
The U.S. Army Corps of Engineers is safely cleaning up the former Maywood Chemical Works FUSRAP site in New Jersey.
USACE District Commander Mathew Luzzatto (right) is shown a map of the FUSRAP Maywood Superfund site in New Jersey in February 2023. (Photo: Nayelli Guerrero/USACE).
It is the 1940s in Maywood, N.J. A new residential community has sprouted up, and the homeowners want to beautify their front lawns, so they go to a nearby property to gather some fresh topsoil. Little did they know that they’re helping to plant the seeds for one of the largest and most high-profile environmental cleanup projects in the nation.
Salem Nuclear Power Plant as photographed from Delaware Bay.
When a nuclear power plant closes, here is what happens:
Thousands of people lose their jobs. The local economy nosedives. Air pollution increases. Reliance on natural gas, often bought from out-of-state, goes up. Electricity on the grid becomes less reliable with the loss of the most reliable source of power. And electric prices can even rise.