The Nuclear Regulatory Commission has approved the transfer of the operating license of the James A. FitzPatrick Nuclear Power Plant in upstate New York from Entergy Nuclear Operations to Exelon Generation Co.
The transfer will become effective March 31 once the NRC amends the license to reflect the plant’s new ownership.
Entergy had announced plans to cease operations at FitzPatrick in January, citing unfavorable economic conditions.
Exelon agreed to purchase the plant and keep it operating after the New York Public Service Commission approved zero-emission credits for nuclear power plants.
The two companies jointly applied for the license transfer on Aug. 18.
FitzPatrick is a boiling-water reactor located near the shore of Lake Ontario in Scriba, about six miles northeast of Oswego.
It is licensed to operate through Oct. 17, 2034.
The license transfer includes the generally licensed independent spent fuel storage installation located on the plant grounds.
The NRC staff’s review of the license transfer application concluded that Exelon is financially and technically qualified to conduct the activities under the license, has satisfied the NRC’s decommissioning funding assurance requirements for the facility, and is not owned, controlled, or dominated by a foreign entity.
Barclay: Federal Approval of Fitz Transfer Marks Final Step in Securing Local Jobs
Assemblyman Will Barclay released the following statement today (March 3) after it was announced that the Nuclear Regulatory Commission approved the transfer of FitzPatrick from Entergy to Exelon.
“I applaud the Nuclear Regulatory Commission for approving the transfer of the FitzPatrick Nuclear Power Plant. This approval is the final step in the sale of the FitzPatrick plant and will ensure its continued operation, keeping hundreds of people employed and our energy sources diverse.
“This transfer brings to a close a difficult year for many. I want to thank everyone who reached out, wrote a letter to a state or federal agency, or signed a petition to keep the plant in operation. I would also like to recognize our local leaders and Upstate Energy Jobs Coalition who never gave up on this issue. Because we worked together and advocated for including nuclear power in the Clean Energy Standard, we not only changed energy policy but also secured the jobs at FitzPatrick and all of our Upstate nuclear power plants. Keeping the plant in operation was in the best interest for our area and for our state.”