NRC Terminates Humboldt Bay Nuclear Power Plant License
Targeted News Service (Press Releases)
WASHINGTON, Nov. 19 -- The Nuclear Regulatory Commission issued the following news release:
The Nuclear Regulatory Commission has terminated the license for the Humboldt Bay Power Plant, Unit 3, in California and released the site for unrestricted use. The termination comes after Pacific Gas & Electric Co. successfully decommissioned the facility to meet the NRC's radiation protection standards.
Humboldt Bay Unit 3 was a boiling water reactor operated by PG&E from 1963 to 1976. Units 1 and 2 at the site, located approximately 4 miles from Eureka, California, in Humboldt County, were fossil fuel power plants that were previously decommissioned. PG&E currently operates a separate fossil fuel plant adjacent to the site.
Unit 3's independent spent fuel storage installation will remain under a separate NRC license. PG&E remains responsible for the security and protection of the storage facility and is required to maintain $53.3 million in liability insurance coverage until the fuel has been removed from the storage facility site. PG&E also is responsible for safely decommissioning the storage facility site once the fuel is gone.
PG&E submitted final status surveys of the Unit 3 site and requested license termination in October. The NRC staff evaluated the surveys, conducted inspections, and reviewed confirmatory analyses before concluding the site meets NRC criteria for license termination for unrestricted use.
The NRC's safety evaluation report of PG&E's request to release the site will be available through the NRC website: https://www.nrc.gov/
Centers for Medicare & Medicaid: HHS Extends Postpartum Coverage in Virginia for Nearly 6,000 People
American Kidney Fund Commends the U.S. House of Representatives for Including Provisions for Kidney Patients in the Build Back Better Act
Advisor News
- Demonstrating the value of life insurance to Gen Z
- Poor money habits are a dealbreaker in a new relationship
- DC plan sponsors see opportunity in alternatives
- The American Dream: Redefined as financial stability
- Partial annuitization: How advisors can help clients balance income, growth
More Advisor NewsAnnuity News
- CA judge certifies class action in teachers’ lawsuit over in-plan annuity fees
- Globe Life Inc. (NYSE: GL) Records 52-Week High Thursday Morning
- AM Best Managing Director Joins ‘Target Topics’ Podcast to Discuss State of Delegated Underwriting Authority Enterprises Market
- KBRA Assigns Rating to TruSpire Retirement Insurance Company
- Partial annuitization: How advisors can help clients balance income, growth
More Annuity NewsHealth/Employee Benefits News
- OCWNY to hold seminar for disability beneficiaries Friday
- Atrium pushes back after State Health Plan leaves healthcare network out of Tier 1
- Douglas Veterans Claims Clinic Connects Rural Veterans With Critical Services
- Atrium pushes back after State Health Plan leaves healthcare network out of Tier 1
- Connecticut health insurance exchange shifts enrollment dates after federal changes
More Health/Employee Benefits NewsLife Insurance News
- Globe Life Inc. (NYSE: GL) Records 52-Week High Thursday Morning
- AM Best Upgrades Credit Ratings of Sagicor Financial Company Ltd. and Most of Its Subsidiaries
- Trust, technology and the future of claims
- New York Life Launches an Indemnity Benefit for its Asset Flex Long-Term Care Insurance Solution
- AM Best Affirms Credit Ratings of DB Insurance Co., Ltd.
More Life Insurance News