Lightbridge Corporation (LTBR)

[russshackleford]

NRC extends operating life for Sequoyah nuclear reactors
September 28th, 2015

The Tennessee Valley Authority will be able to continue to operate both units at its Sequoyah Nuclear Power Plant for an additional 20 years beyond its original licensed time period under an operating license extension approved today by federal regulators.

The renewed licenses authorize Unit 1 to operate through Sept. 17, 2040, and Unit 2 through Sept. 15, 2041. The Tennessee Valley Authority applied to renew the licenses in January 2013 and regulators have been reviewing the plant and supporting documents ever since.

The two Sequoyah reactors bring to 78 the number of commercial nuclear power reactors with renewed licenses. Applications for an additional 16 renewals are currently under review.

http://www.timesfreepress.com/news/breakingnews/story/2015/sep/28/nrc-extends-operating-life-sequoyah-nuclear-reactors/327586/