Holtec acquired Oyster Creek in July 2019 to launch a new subsidiary, Holtec Decommissioning International, that would take down nuclear power plants and redevelop their sites. Oyster Creek, which had long been considered to be the oldest nuclear power plant in America until the NRC revised its historical statistics in 2018, … OCEAN COUNTY, NJ – Holtec International’s plan to increase its spent fuel area at the shutdown Oyster Creek Power Plant created its share of controversy. Exelon does business in 48 states, the District of Columbia and Canada. But Oyster Creek’s license was granted on April 10, 1969, about four months before one was given to Nine Mile Point, according to a 1970 document from the U.S. Atomic Energy Commission, a precursor agency to the NRC. Lacey officials did not immediately respond to requests for comment Tuesday, but they have in the past strongly supported the Oyster Creek plant and the jobs and economic activity it generated in town. The agreement, formalized last week by the Lacey Planning Board, allows Camden-based Holtec International to move nuclear waste from the plant's cooling pool into 20 new steel and … Sign up for our weekly newsletter. It has been generating clean, safe and reliable power since 1969. What President Joe Biden does about nuclear power - he has said he is for "advanced" nuclear power -and the pro-nuclear NRC remains to be seen. The Oyster Creek Nuclear Generating Station in New Jersey, the oldest operating nuclear plant in the U.S., was shut down September 17. Oyster Creek was New Jersey’s first nuclear generation station, opened in 1967. WHYY thanks our sponsors — become a WHYY sponsor. It uses no pumps or valves. What President Joe Biden does about nuclear power – he has said he is for “advanced” nuclear power –and the pro-nuclear NRC remains to be seen. There’s a PAC for that, BalletX explores interracial romance and post-election anxiety in new dance films, How an environmental justice controversy sparked in Upper Darby. WHYY connects you to the Greater Philly community by providing trustworthy, fact-based, local news and information and world-class entertainment. Upon taking ownership, Holtec began the prompt decommissioning of Oyster Creek. The oldest nuclear power plant in the U.S. was Oyster Creek Nuclear Generating Station in New Jersey, which opened in 1969 and was shut down 49 years later in 2018. The decommissioning at Oyster Creek was funded by ratepayers and amounted to almost $1 billion when it was sold, presumably for significantly less than its billion-dollar-fund balance. “As part of our application to the Department of Energy for its advanced reactor demonstration program, we expressed interest in possibly locating an SMR-160 small modular reactor at the Oyster Creek decommissioning site in the future,” company spokesperson Joe Delmar said in an email Tuesday. For New Jersey Residents in the Areas Around the Oyster Creek Nuclear Generating Station (Ocean County) The Oyster Creek Generating Station is located in Ocean County. Open ExelonCorp.com. By clicking “I agree” below, you consent to the use by us and our third-party partners of cookies and data gathered from your use of our platforms. “What was supposed to be the cleanup and ending of the Oyster Creek nuclear plant is now being looked at for another nuclear power plant. Tiny jellyfish that had been sucked into the Oyster Creek nuclear power plant and killed by heated water are now thriving and multiplying. By letter dated September 25, 2018, Exelon Generation Company (Exelon), prior owner of the facility, certified that all fuel had been removed from the reactor. It is the first large-scale nuclear power plant in the US and one of New Jersey’s four nuclear powerhouses. The U.S. Nuclear Regulatory Commission had long listed both facilities as going online Dec. 1, 1969 — a date the agency acknowledged in 2018 was incorrect. The proposed reactor would power about 160,000 homes, compared to the 600,000 that were powered by Oyster Creek. The Power Plant distributes electrical power to the Ocean County area electrical grid, which delivers it to electricity consumers. Holtec International last month received $147.5 million — $116 million of which will come from the U.S. Department of Energy — to complete research and development work on a modern nuclear reactor that could be built at the site of the former Oyster Creek Nuclear Generating Station in the Forked River section of Lacey Township, New Jersey. Prior to the acquisition, the Nuclear Regulatory Commission (NRC) had approved transferring the plant’s license to Holtec, concluding that the Company met the regulatory, legal, technical, and financial requirements necessary to qualify as the successor licensee. ‘I am the witness’: Post-Fukushima, a Japanese man’s regrets mirror his country’s turn against nuclear power. Wherever we are, we work with local employees, customers, government officials and the public to design strategies that leave each community better than we found it. 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