A land swap proposed by the Army Corps of Engineers could provide room for a fourth reactor at the PSEG-operated Artificial Island complex in New Jersey.The South Jersey Courier-Post reported Friday that the deal would grant the utility control of 631 acres on the island in the Delaware River in exchange for 354 acres in Gloucester and Salem Counties that the Corps would use to store dredge spoils.In 2010, PSEG applied with the Nuclear Regulatory Commission for an early site permit to begin an expansion of the Salem plant. According to the agency, a final safety evaluation report is currently under evaluation, and the NRC expects that a final environmental impact statement will be issued in September of 2015. The reactor technology for Salem 4 has not yet been selected. As such, the ESP application uses the plant parameter envelope approach and does not include a limited work authorization.The existing units at Artificial Island include 2,365 megawatts of generation from two pressurized water reactors at Salem, which PSEG owns with Exelon. Hope Creek, a boiling water reactor at the site, generates 1,178 megawatts. Taken together, the three units represent the second largest nuclear power facility in the U.S.
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PSEG is the little company that likes to think big. The only way PSEG can build a new reactor is through a government handout (IE welfare). Why are they wasting stock holders money, which I'm one of them, is beyond comprehension.
Why not utilize the abandoned Hope Creek Unit 2. The major construction is already in place.
This is good news for the people of New Jersey. Looks like a win-win scenario all around.
