The Oyster Creek Nuclear Generating Station will only use about 10 years of a 20 year extension on its operating license.

The plant was originally licensed to run from 1969 until 2009, but it got a 20 year extension. Now the owner has announced it will close the facility in 2019 because

low market prices and demand and the plant’s need for continuing large capital expenditures have reduced its value.

There may be other issues behind the decision, such as potential weakness in the structure after all these years. I wonder if this means that nuclear power is getting less financially viable.


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