New Jersey’s 3 nuclear power plants seek to extend licenses for another 20 years

The company that owns New Jersey’s three nuclear power plants said Wednesday it will seek federal approval to operate them for another 20 years.

The move comes as New Jersey makes a strong push to become the East Coast leader in offshore wind. But the three power plants run by PSEG Nuclear LLC provide nearly half of New Jersey’s electricity, and a licensing extension represents a potential hedge against not enough wind projects being available to meet the state’s needs.

An extension would enable the plants to run beyond 2050.

The company said it has notified the U.S. Nuclear Regulatory Commission of its intent to seek renewed licenses for the Salem Generating Station Units 1 and 2, and the Hope Creek Generating Station. All are located on one site on Artificial Island in Lower Alloways Creek Township, Salem County.

It plans to file the extension request in the second quarter of 2027 but needed to alert the commission far in advance to allow it to prepare for the review. If approved by the NRC, the licenses for Salem Units 1 and 2 would be extended from 2036 and 2040 to 2056 and 2060, respectively, and Hope Creek station would be extended from the current 2046 expiration to 2066, the company said.

“For more than five decades, the nuclear generating stations in south Jersey have safely generated reliable, always-on carbon-free energy,” Charles McFeaters, president and chief nuclear officer of PSEG Nuclear, said in a statement. “Seeking to renew our licenses signifies our commitment to continuing to contribute to New Jersey’s clean energy future and serving as a vital economic engine for the local community.”

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