Duke Energy receives approval to extend operations at Oconee nuclear plant

Reuters
01 Apr
Duke Energy receives approval to extend operations at Oconee nuclear plant

March 31 (Reuters) - U.S. utility Duke Energy DUK.N said on Monday the Nuclear Regulatory Commission $(NRC)$ has approved the license renewal of its Oconee nuclear station in South Carolina for another 20 years.

The U.S. nuclear industry has garnered renewed interest in recent times after decades of stagnation, supported by a surge in power demand propelled by power-hungry data centers and as businesses look for cleaner sources of energy.

The renewed licenses will allow Oconee to operate through 2053 and 2054. The license was set to expire in 2034.

Oconee also became Duke Energy's first nuclear facility to reach the milestone of receiving approval to operate for 80 years.

All Duke Energy nuclear plants have received initial license renewal to achieve up to 60 years of operation, and subsequent license renewal allows up to 80 years of operation, the company said.

The utility said it is also planning to submit a license renewal application for its Robinson nuclear plant located in Hartsville in South Carolina.

(Reporting by Vallari Srivastava in Bengaluru; Editing by Maju Samuel)

((Srivastava.Vallari@thomsonreuters.com;))

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