This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Unit 1 At Susquehanna Nuclear Power Plant Begins Scheduled Refueling Outage

BERWICK, Pa., April 12, 2014 /PRNewswire/ -- Operators at PPL's Susquehanna nuclear power plant disconnected the Unit 1 reactor from the electrical grid Saturday (4/12) to begin a scheduled refueling and maintenance outage.

While the reactor is shut down, workers will replace about 40 percent of the uranium fuel and complete a number of equipment maintenance tasks and upgrades. The plant also will be investing millions to upgrade equipment with state-of-the-art technology and to perform thousands of routine maintenance tasks that keep the plant in good condition.

"We're committed to significant investments of time and money to keep our plant operating safely and reliably," said Timothy S. Rausch, senior vice president and Chief Nuclear Officer. "The large amount of work we put into our outages brings additional jobs and other economic benefits to the communities surrounding the plant."

PPL schedules nuclear refueling and maintenance outages at this time of year, when seasonal temperatures bring less electricity use and the demand on the regional power grid is lower. Each of the two units at the Susquehanna plant is taken out of service for refueling and maintenance every 24 months.

Unit 2 continues to operate at full power.

The Susquehanna plant, located in Luzerne County about seven miles north of Berwick, is owned jointly by PPL Susquehanna LLC and Allegheny Electric Cooperative Inc. and is operated by PPL Susquehanna.

PPL Susquehanna LLC is one of PPL Corporation's generating affiliates. PPL Corporation (NYSE: PPL), with 2013 revenues of $12 billion, is one of the largest companies in the U.S. utility sector. The PPL family of companies delivers electricity and natural gas to about 10 million customers in the United States and the United Kingdom, owns more than 18,000 megawatts of generating capacity in the United States and sells energy in key U.S. markets. More information is available at www.pplsusquehanna.com and www.pplweb.com.

SOURCE PPL Susquehanna

Copyright 2011 PR Newswire. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
SYM TRADE IT LAST %CHG

Markets

DOW 18,080.14 +21.45 0.12%
S&P 500 2,117.69 +4.76 0.23%
NASDAQ 5,092.0850 +36.0220 0.71%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs