PPL moves forward on potential new nuclear plant

29 September 2008 -- PPL Corp. has taken another step in the ongoing evaluation and development of a new nuclear power plant near Berwick, Pa., with the submission of an application to the U.S. Department of Energy for a federal loan guarantee.

The new plant, which would be called Bell Bend, would be sited near the company's existing two-unit Susquehanna nuclear power plant, a facility with a 25-year history of operation.

PPL will submit a second part of the loan guarantee application as required before the Dec. 19 deadline. PPL also is preparing an application to the U.S. Nuclear Regulatory Commission for a combined license to build and operate Bell Bend. The company expects to file that application later this year.

PPL has not yet made a final decision to move forward with construction of the Bell Bend plant. That decision won't be made for at least several years, and will depend on several factors, including a federal loan guarantee and the company's view of the power market fundamentals at that time. Other factors are obtaining an NRC license and attracting additional investors.

PPL has chosen the Evolutionary Power Reactor from Areva of France. The federal loan guarantee program was authorized by the Energy Policy Act of 2005 to support projects that avoid greenhouse gas emissions and employ new technologies. Congress has appropriated $18.5 billion for the federal loan guarantee program.

Sponsored by FLSmidth

Related Articles

Report: Fuel cell systems to reach $57.8Bn by 2023

Fuel cell systems, for all applications, are expected to generate nearly $57.8 billion in annual revenue by 2023, according to a new report conducted by Navigant Research.

Kurion robot to plug leaks at Fukushima Daiichi nuclear reactor

Kurion Inc. will develop an advanced robotic arm to repair containment leaks at Japan’s Fukushima Daiichi Nuclear Power Plant.

Follow Power Engineering on Twitter
Latest News

PNM files ownership plan, coal supply deal with regulators

New Mexico's largest electric provider says it's on track to meeting a deadline for submittin...

Oklahoma attorney general challenges EPA's clean-air plan

A plan by the U.S. Environmental Protection Agency to reduce emissions from coal-fired power ...

Wave Energy Week will mix marine energy developers with traditional hydropower

Oregon Gov. Kate Brown, Democrat, has proclaimed “July 13-17, 2015 to be Oregon Wave Week in ...

Public Service Company of Oklahoma seeks rate increase

Public Service Company of Oklahoma is asking for a 13.6 percent rate increase it says is need...

GAO looks at reliability impacts of changing power generation mix

The Government Accountability Office (GAO) on June 29 released a study provided a month befor...

On the day after MATS decision, Bernstein sees only a limited reprieve for coal units

In light of the U.S. Supreme Court ruling against the EPA's Mercury and Air Toxics Standards ...

Pence says Indiana will not comply with coal plant regulations

Indiana will not comply with President Barack Obama's plan to battle climate change by requir...

Westermost Rough offshore wind park enters operations

The 210-MW offshore wind power plant, Westermost Rough, has entered operations. The project w...

Power Engineering Current Issue

12/01/2014
Volume 118, Issue 12
1412pe-cover1
Products Showcase
Dynamic Fluoride Ion cleaning DFIC of industrial natural gas turbines Hi-Tech Furnace Systems

Dynamic Fluoride Ion Cleaning of IGT Parts

The Dynamic Fluoride Ion Cleaning (DFIC) Process from Hi-Tech Furnace Systems is able to clean deep, narrow cracks of oxides by cycling between negative, atmospheric, and positive pressure.

Archived Articles

2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013

Buyers Guide Product Listings

Nondestructive Examination and Testing

Advanced nondestructive examination, NDE, techn...

Engineering Services

Structural Integrity Associates, Inc. (SI) is a...

Buyers Guide Company Listings

Power Industry Wire News

NW Natural Announces Dividend and Schedules Conference Call to Review Results for the Three and Six Months Ended June 30, 2015

NW Natural Announces Dividend and Schedules Conference Call to Review Results for the T...

Vantage Drilling Responds to News Reports Regarding Petrobras

Vantage Drilling Responds to News Reports Regarding Petrobras

National Grid Drives Innovation Through REV Demonstration Projects

National Grid Drives Innovation Through REV Demonstration Projects

Cardinal Resources' $28.8 Million Cameroon Red Bird Contract Advances; Company Expects Financing Completed, Implementation, in Q3-15

Cardinal Resources' $28.8 Million Cameroon Red Bird Contract Advances; Company Expects ...

Letter From CGE Energy (McKenzie Bay Intl.) President Bryan Zaplitny

Letter From CGE Energy (McKenzie Bay Intl.) President Bryan Zaplitny

Power Engineering

Article Archives for Power Engineering Magazine

Continuing Education

Professional Development Hours

To access a course listing associated to a specific topic listed below, click on the topic of choice from the list below.

Latest Energy Jobs

View more Job Listings >>