Point Beach One Step Closer to License Renewal

Some good news off the Reuters wire:

The U.S. Nuclear Regulatory Commission found no environmental impacts that would preclude the renewal of the operating licenses of units 1 and 2 at Wisconsin Energy Corp.'s (WEC.N: Quote, Profile, Research) Point Beach nuclear power station in Wisconsin for an additional 20 years.

The current operating licenses expire on Oct. 5, 2010, for the 512-megawatt unit 1 and March 8, 2013, for the 514 MW unit 2, the NRC said in a release.

Wisconsin-based Nuclear Management Co LLC, which operates the plant for Wisconsin Energy's We Energies subsidiary, submitted the renewal application on Feb. 25, 2004.

Technorati tags: Nuclear Energy Environment Energy Politics Technology Economics