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U.S. nuclear energy company Holtec advances on two fronts this week: decommissioning aging nuclear plants and positioning small reactors in the southern U.S.

U.S. nuclear energy company Holtec recently announced two significant developments, reflecting the dual trend in the current nuclear power industry of retiring existing capacity while expanding new capacity. On one hand, the U.S. Nuclear Regulatory Commission approved the license termination plan for the Oyster Creek nuclear power plant, moving the decommissioning process of this veteran commercial nuclear facility in New Jersey, which began operations in 1969, past a key regulatory milestone. On the other hand, Holtec announced a partnership with Entergy and Hyundai Engineering & Construction to evaluate potential sites for deploying new reactors in the southern Gulf Coast region of the United States. The Oyster Creek plant ceased power generation in 2018 and was subsequently taken over by Holtec for decommissioning. The recently approved license termination plan...

2026-08-11

U.S. NRC Approves Four SMR-300 Reactors at Oyster Creek Site in New Jersey

A retired nuclear power plant in New Jersey is getting a new lease on life with the construction of small modular reactors. The U.S. Nuclear Regulatory Commission (NRC) has approved the construction of four advanced small modular reactors (SMRs) at the site of the Oyster Creek nuclear power plant in New Jersey. The plant is currently in decommissioning, with more than half of the dismantling work completed. The Oyster Creek Generating Station, which began construction in December 1969 and operated for nearly 49 years until its closure in September 2018, was once the longest-operating commercial nuclear power plant in the United States. It produced over 192 terawatt-hours of carbon-free electricity in total. Supported by New Jersey's pro-nuclear legislation and stable local backing, Holtec plans to build...

2026-08-05

US NRC Approves Oyster Creek Nuclear Power Plant License Termination Plan

The U.S. Nuclear Regulatory Commission (NRC) has approved the license termination plan for the Oyster Creek Generating Station. Located in Lacey Township, New Jersey, the plant is now more than halfway through its decommissioning and dismantlement work. With this approval, the project will proceed with the final phases of decommissioning and site restoration in accordance with the approved document. Before dismantlement of the Oyster Creek Generating Station in Lacey Township, New Jersey, Holtec International stated that the approval of the license termination plan involved coordinated efforts across multiple departments, including engineering, radiation protection, environmental services, work management, project controls, licensing, communications, and security, led by the regulatory affairs department. The Vice President of Oyster Creek Nuclear Power Plant...

2026-07-31