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19 December 2008 -- A unit of PPL Corp. will ask the Nuclear Regulatory Commission to approve a combined license to construct and operate a new generating unit near the Susquehanna nuclear power plant near Berwick, Pa. PPL contracted with an affiliate of UniStar Nuclear Energy, a joint venture of Constellation Energy and EDF, to prepare the application, which will be based on AREVA's U.S. Evolutionary Power Reactor design.
While PPL has not yet decided to move forward with construction, it plans to file a license application by the end of 2008. This time frame will help preserve the potential for federal production tax credits and federal loan guarantees.
Because of the large capital commitment required, PPL said it would proceed with nuclear construction only as part of some type of joint venture arrangement.
The project is being developed by a PPL Corporation subsidiary, PPL Nuclear Development, LLC, which, along with UniStar, is evaluating preliminary tests already performed to determine suitability of the proposed location.
PPL's two existing nuclear units, totaling 2,360 MW, are owned jointly by PPL Susquehanna, LLC and Allegheny Electric Cooperative Inc., and are operated by PPL Susquehanna.
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